Buying a property can be one of the most exciting decisions you will ever make. If you’re looking to avoid mistakes, these 10 Top Tips For Home Buyers can make the process much smoother. It could also be the most stressful part of your life if you make costly mistakes.
We’ve put together a few tips in a checklist to help you through what should be an exciting journey.
You can copy and print the checklist, take it to inspections, and refer back to it throughout the buying journey.
- Is the Property Within Your Budget? – Don’t overcommit
- At the Inspection, don’t Show Too Much Emotion – Don’t get overexcited.
- Look with your eyes open – Check painting, guttering, fencing, these costs add up and can turn into thousands of dollars
- Is there any evidence of paint patching were something may have been covered up such as mould?
- What renovations would you need to do, and how much would this cost? – Can you afford these renovations?
- Check the meter box – has the property been rewired if it is older?
- Check the date on the Hot Water System – Is it
under 5 years old?
- Do the appliances work? – Oven, cooktop,
dishwasher etc?
- What state are the floor coverings in?
- Does the property need repainting?
Buy within your means; overcommitting can cause significant stress and a toll on relationships. Make sure you have at least 3 months’ mortgage repayments in case you lose your job or become ill.
Finally, when buying, buy with your head and not your heart.
