The process of buying a new home can be a daunting task, but when you’re dealing with a local expert it does not have to be that way. Check out our buying tips below.
Before you enter the property market it is always a good idea to have a full understanding of your borrowing power and personal financial situation. With so many different options available these days getting the correct professional advice from a qualified Financial Advisor, Banking Institution or Broker is always advisable. You do not want to begin the process of looking at properties that may be outside your price range.
Create a Wish List
Remember to allow for the future when making your wish list. After you have a good understanding of your financial situation, the next step is to create a wish list. Start with your non-negotiable items working down to the nicer to have items. Click below for our free Wish List Property Builder (Insert PDF or Word document)
You know how much you have to spend, You know what you want, It’s now time to see what’s available on the market. With benefits of technology these days you can do your research at your convenience from almost anywhere. We suggest using the main online portals domain.com.au and realestate.com.au as well as subscribing to the JKL Alerts Mailing lists and market updates (Click here)
Establish a Relationship with an Expert
Finding the home of your dreams can become a challenging and often stressful experience with so many different options, things to consider, people to liaise with properties to look at and offers to make and negotiate. JKL are the local property experts to guide you through the hoops and hurdles to help make the process as exciting and stress free as possible for you. It does not matter if you’re looking to buy today or planning your retirement in a few years’ time. The JKL team are here to provide you with the obligation free advice you need to make your purchase in our local community.
Checking the condition of your dream home
You’ve been working with your Local Property Expert from JKL and found what you think could be the home of your dreams. Before proceeding with the purchase, It is a good idea to get advice from a pest and building expert to complete an inspection on the property on your behalf. We view this inspection as an assurance for our buyers that will either give the property a clean bill of health or it may potentially identify underlying issues that the agent or property owner may not be aware of when selling the home. JKL can put you in touch with some reputable local inspectors should you wish to have an inspection completed on a property for you.
Making an Offer
Once you are comfortable that you would like to make an offer on your dream home, the next step is to make an offer on the property. To do this all you need to do is get in touch with the JKL team and let them guide you through the process. JKL will take control of the negotiation with you and the owner and also make you aware of the contract exchange process if your offer is accepted.
On settlement day, your solicitor or conveyancer as well as JKL will request that you have a pre-settlement inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.
You’ve done it, you have the keys to your dream home in your hot little hand. How exciting! Hold on, who turned out the lights? On the lead up to settlement, don’t forget to contact your electricity, internet, phone and water providers to get any relevant services connected or transferred. There are some great businesses out there that can take the hassle and worry out of this process for you. To find out more about these businesses contact us.