17/12/2025
WHAT FIRST TIME HOME BUYERS NEED TO KNOW BEFORE BUYING THEIR FIRST PROPERTIES !!
1. Understanding your Budget "How much you Qualify for and how much you can afford"
2. The importance of hiring your home inspector, never rely on a bank valuation.
3. Factoring rates and levies on your monthly expenses
4. Prohibition of renovations during early occupation
5. Research the neighbourhood, request CMA's and understand property market
6. Negotiate your offer, negotiate your interest rate.
7. Home maintenance is better than repairs
8. You request the bond and transfer fees to be added on your mortgage bond
Find an agent that you trust, don't be scared to ask all relevant questions. Do not feel pressured to sign, because when you do there's no change of mind without penalties, lastly understand all the terms and conditions of the sale agreement and your obligations.