Are you ready – first and foremost, you have probably guessed it already, its about the money. The longer you can save prior to purchasing, the better. So have you spoken with a financial planner or your bank to establish how much you need to save as a deposit & how much you can afford to borrow?
Location – where to find your dream home or investment property. Do your research and make sure you know about the suburb/s that you are thinking about buying in and why you are looking to purchase within that particular area.
Criteria – What type of property are you looking for – make a criteria checklist of things you are looking for in a property i.e. the age, style, attributes, features & size of yard. Keeping in mind this criteria needs to fit within your budget so you don’t overspend.
Visual – Next step is inspecting properties for sale, making sure the home is suitable for your requirements and that the surrounding areas tick all the right boxes.
Found Your Dream Home? – Once you have found the perfect property, it’s time to submit an offer & once accepted by the seller the contract process begins.
Settlement – Any special terms like finance approval, building & pest inspections will need to be satisfied & once completed the property will finally be yours on the settlement date.
The fun part – Brace yourself for packing, moving & settling into your new home.