Buying your first home is a major milestone that takes considerable effort, time and money. But what do you have to think about before you take the plunge?
Understanding mortgages: Save a deposit, choose the right home loan and get pre-approval. Work with your mortgage broker to help you get the best rates and keep your money worries to a minimum.
What type of property should you buy?: Consider your options and make the choice that is right for you. Old v New. Freestanding v Unit/Townhouse
Get the right legal advice: Have someone onboard to help guide you through the process and help you with the contracts.
Making your property purchase: Make sure you have an understanding of the entire process (exchange, settlement and completion) and complete each stage correctly. If you have any questions, ask your agent. They will always be happy to help make your purchase as smooth as possible
Additional home buyer costs: Make yourself aware of the fees and taxes applicable to your state and factor these into your budget.