5 Basic Tips for First Home Buyers

Congratulations on deciding to buy a property!

Buying your first home can be an exciting experience, but it can also be stressful and overwhelming if you’re not confident and knowledgeable.

Below are five tips that will help you feel confident and knowledgeable -putting you in the best position to make a sensible and profitable home-buying decision.

1. Do the groundwork

Take a hard look at your finances, and determine what you can afford. You should also learn about government grants and incentives that can help you in your first home purchase.

2. Develop a Routine

It’s important to get into the routine of searching for homes and doing your research. For example, you might want to do your research online in the evenings when you get home from work, and you might choose to drive around and look at houses on the weekends.

3. Be Resourceful

There are a lot of resources out there that can help you with deciding on your property purchase, so make sure that you take advantage of them. Learn as much as you can about the process, and school yourself on the lingo that is commonly used in these transactions.

4. Hire an Inspector

When you find a home that you like, don’t let your emotions get in the way of making a smart decision. Hire a qualified inspector, and have the home carefully inspected from the inside out.

5. Work with a Mortgage Broker

It can be easy to make a mistake or miss something if you don’t have any experience in the home buying process. If you’re a first home buyer, consider working with a qualified mortgage broker. A good broker knows the entire process inside and out and can help you every step of the way.

Before you start looking for a property to purchase, give us a call on 1300 090 298 or leave your details here and we can contact you. We can offer valuable tips whenever we can to help you make smart decisions.