The Home Buyer’s Checklist: 8 Tips for A Smoother Purchase. Purchasing a home is exciting yet can be overwhelming. If you’re methodical and break it down into simple steps it can be a stress-free process. Here are 8 tips for a smoother purchase.
- Organise Finance
The first step can often be overlooked. It’s important to see your bank or mortgage broker to find out how much you can realistically afford to borrow. Pre-approval can also be organised to put you in a better position when making an offer. Having a better idea of your budget will help you know where to start.
- Get Looking
Visit websites or have a flick through the newspaper to see what properties are available within your price range. Make sure you also attend open homes or organise viewings of properties to see what they are like throughout, as photos do not always show everything. This helps you get a feel for what you like and what you don’t. The Home Buyer’s Checklist: 8 Tips for A Smoother Purchase.
- Make an Offer
You’ll know when you’ve found the home for you. Whilst it’s a big decision and you need to think it through, if you’re going to make an offer you need to be proactive. Don’t delay as it may just slip through your fingers. You also need to be 100% sure you want to make an offer because once you’ve signed on the dotted line, there are costs involved if you’ve changed your mind.
- Read the Fine Print
Be absolutely clear on what your offer includes. Don’t just assume fixtures, kitchen appliances, pool equipment, etc. are automatically included. Have it all in black and white so you and the seller both know exactly where you stand. The Home Buyer’s Checklist: 8 Tips for A Smoother Purchase.
- Be Reasonable and Fair with Your Offer
If you’re not sure what to offer, seek advice. It’s unfair to put an offer in for a ridiculously low price as you run the risk of annoying the sellers. Plus there may be other contenders who will offer a better price.
- Get a Good Price
Whilst you should put in a reasonable offer, don’t let this put you off trying to buy the property for a good price. Find out as much as you can about the area and similar property listings. Let this be your guide to negotiate with the seller.
- Hire the Professionals
It’s important to use the services of a reputable conveyancing lawyer. They should be experienced to help facilitate the process in a timely manner. The Home Buyer’s Checklist: 8 Tips for A Smoother Purchase.
- The Final Stage
A pre-handover inspection should be organised before settlement goes ahead. This is for you to check for any damages or problems which may have occurred since your last viewing of the property. The banks and solicitors will make all the final arrangements for settlement. Then your house purchase will be complete.
Buying a house is only as stressful as you make it. There is a lot to do, however, if you’re prepared and follow these 8 simple steps the process can run smoothly.
Hicks Real Estate team is available to call today on: 07 3355 6845.
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