First Home Owner

The Checklist That Every First Home Buyer Should Have!

By admin ⋅ March 9, 2008 ⋅  Email this post ⋅  Print this post ⋅ Post a comment

Looking for your first home is exciting!!

After all, home is the centre of your life! It can be an overwhelming process deciding where to buy and what the best property will be for you, and selecting the right home is much more involved than being happy with glossy fittings and style!!

Every First Home Buyer should review the below checklist before deciding to purchase!

You need to imagine what your life is going to be like in a certain home and what you will gain and what you’ll lose when you purchase the property. In other words considering the big picture and how it will affect you.

use the checklist to select the right house for you!!

The number one consideration for First Home Buyers is: how much can I afford?

This will determine the suburb where you can buy. For example, the inner circle in Sydney holds its value and is pricey whereas the further out you go, the more realistic prices are for First Home Buyers. Of course, there are many other determining factors listed below in the checklist.

I first worked out what I could afford before I started looking for property.

I also knew I needed to be relatively close to the city for work, and I wanted an apartment with lots of amenities and close to transport. Once I had narrowed it down to a few specifics of what I was looking for, it saved me so much time and made the choice a whole lot simpler!!

Here is the checklist for all First Home Buyers!

* What are you able to pay? Is this realistic considering what you want?

* Do you need to be near transport, schools and work?

* What area or suburb do you want to buy in?

* Do you want a house, terrace, semi, apartment or townhouse?

* How many bedrooms and bathrooms do you need?

* How much storage space do you need?

* Do you need parking or a garage?

* Do you want a garden, courtyard or balcony?

* Do you have any special needs?

* Are you prepared to renovate if the property requires repairs or upgrading?

What next?

Once you’ve used the checklist and narrowed it down to a few specific locations, talk to me about a getting pre-approval for your finance so you have piece of mind when it comes to making an offer or attending an auction!!

This is an exciting time and can often be a bit stressful, be confident in the decisions you make, but most of all enjoy the experience!!