Buying a house is a big process that requires careful planning. If you’re thinking about buying a home in our local area, here are five tips to help you be successful in purchasing the best property.
Think about your Long Term Plan
If you’re planning on buying a house in say, Oran Park, ask yourself and your partner how long you intend to stay? We encourage property buyers to think 10 to 20 years at least, particularly if you’re starting a family. If you’re not familiar with the area or the suburb, you might consider renting for a year to familiarise yourselves with the local area and community.
Additionally, consider your lifestyle for the coming years. Do you plan on having kids and raising a family? You’ll want to make sure that the house you buy has enough room and is close to schools, parks, the local shops and medical facilities. It’s a good idea to look on Google for train, bus and tram maps that provide public transport options from each area within the zone you’re looking to buy a home in.
First Home Buyer?
We have all been in your shoes as a first home buyer. We’re excited for you and look forward to acting as the agent to assist in your first time purchase. We understand you might be feeling overwhelmed by the whole process. And if you’ve bought a home before, you know that it’s a big process. With such a lengthy and important purchase, having a local real estate agent with many years of experience and being part one of Australia’a largest real estate networks ensures we have the skills, training and resources to help you through each step. That will help take the weight off of your shoulders, allowing you to focus on finding the perfect home.
Learn about your Home Loan Grant Options
Federal and State Government in Australia provide incentives and grants for property buyers so be sure to talk to your bank, financial lender or accountant about what you’re eligible for. If you’re a first time home buyer, you may be eligible for a first home buyer grant and due to the Covid 19 pandemic, there are other incentive for certain types of building renovations as well.
Property Inspections
Before you sign that property contract of sale, make sure you get a pest inspection and appraisal done for the home you want to buy. An appraisal will tell you what the value of the home is, and an inspection will check for any potential pest or maintenance concerns. This protects you from buying a home that has hidden issues or from buying a home for a much higher price than it is worth. We will be pleased to connect you with appraisers and inspectors that are known to us and work in Oran Park and surrounding areas.
Don’t Rush your Home Purchase
Finally, we always advise home buyers not to rush into a property purchase. Buying a house is one of the biggest purchases you will make, so it’s important that you’re confident in your decision. Don’t settle for something “just okay” simply because you haven’t found the right house yet. It can sometimes take time to find the right home, but with such a big investment, it’s crucial that you take your time and only buy if it feels right.
We are Here to Help
First National Real Estate Oran Park are a family. Our agents and property managers have grown up in and around Oran Park and as local real estate agents, our mission is so much more than just to sell houses and apartments. We are proud of ourselves as being part of the local community.
