Look at Ms. Moneybags over here!
So you’re about to do some home shopping huh? Get your cash or cheque book, your important documents ready, even tag your spouse along, because you are about to make a major decision in your life – BUYING A HOUSE.
A bit nervous? Don’t be. We got here some fine and practical tips that you can consider before purchasing that property!
A bit broad, but there’s no better to tell it as it is.
Being prepared means that everything needed is already taken care of. From important documents such as mortgage pre-approval and of course, the money you will use to purchase a house. By getting a pre-approval, it just makes you a better candidate on landing the property you are eyeing.
Find a Trusted Agent
Before making a purchase, make sure that you have an agent that you can trust. According to Money.com, using a real estate agent is great because it will cost you nothing.
Look around because there are many competent and trustworthy residential property brokers in Victoria that are waiting for you to help you get your dream home.
Attend Home Buying Seminars
We advise you to take home buying seminars – if you can. Look at it this way, before doing something, you want to learn the ins and outs of it right? It’s also the same when it comes to buying a house, especially if you’re a first time buyer.
Home Buying Seminars offer tons of information that you can really apply when purchasing your brand new home, what’s more, it usually offers free food! Win-Win!
Lower Your Expectations
We don’t mean to be a Debbie downer, but it’s best to lower your expectations. Don’t expect to get the perfect deal for a perfect house and vice versa.
A house in a prime area will cost a tremendous amount of money and your agent can only do so much. In fact, you might not even get a discount at all since there are also other people interested in the property you are eyeing and they are willing to buy it for a full price, and then some.
In addition, if you ever get lucky and manage to purchase the house, don’t be disappointed when it’s not as perfect as it seems. Houses, like many other structures, have its own share of defects. If it’s not that major, it’s best to be content and just remedy it later.
Just remember this. What you’re buying is a “used” home, so it’ll already have its own share of wear and tear.