06/07/2021
✨🏡4 Things you should know before buying your first home ! 🏡✨
1: CONSIDER WHAT YOU CAN REALISTICALLY AFFORD 💰
This is the most important step and it’s one you must take before you even start looking for a home. You should map out all your expenses and figure out how much you spend each week, fortnight or month.
2:FACTOR IN SILENT OR FORGOTTEN COST 📄
As mentioned, it’s the extra costs that will sneak up on you and create some budgetary mayhem. Some of these may include council rates, stamp duty, insurance, conveyancing, building and pest inspections and potentially many more. Be sure to factor in these costs when looking at a property.
3:RESEARCH, RESEARCH, RESEARCH 💻
You can’t be too prepared when purchasing a property. Start off by first narrowing down what areas you’d like to live in. Look at recent sale prices history and the suburb profiles on real-estate websites. Then have a chat with Local Real Estate Agents you can trust to get a feel of how the market has been trending in that suburb.
You should consider what’s important to you but also be aware of things that help improve property value for when it’s time to sell. Things such as school zoning, future building plans, transport, access to amenities and more. By taking your time and doing the necessary groundwork, you’ll be far less likely to overpay or settle for something you didn’t really want.
4:WEIGH UP THE COST OF BUYING VS RENOVATING 👷👷♀️🧱
If you have the space to renovate or extend, it’s worth considering as you can avoid the hassle of looking for a new place and the large costs associated like stamp duty and legal fees. You can also create exactly what you want rather than settling for what’s available. However, there is an inconvenience attached to renovating as you may have to find another place to live while work is going on. Plus, there are costs and time associated that can sometimes blow out if not budgeted for correctly. Both are great options but it depends what is suited to your own personal needs.
Looking to Buy or Sell ?
✅0415 294 466 ☎️
✅[email protected] 📧
✅252a Main Road, Toukley📍
LJ Ho**er Toukley
📞4396 6999📞
