Albeit daunting, buying your first home is an exciting journey. Here are some tips to help you make the process a little less stressful and more profitable.
The costs ?
The very first thing you need to do is work out if owning is for you. Can you afford to pay not only the monthly mortgage payments or the instalment payments, but the running costs of a home too ? Do the sums!
Use the right property finders
Gone are the days when a stop at an agents office was the only way to see how much folks were advertising a house for.
There’s a plethora of property search sites out there for research, also remember that Some homes are sold before they appear on the sites, so get pally with a local estate agents to hear as soon as a place hits their books.
Consider resale potential
If you don’t want to live in the property until you die, consider ease of resale.
This may be your true dream home but will it be for others?
If the property has been on the market for quite while, mull over why it hasn’t been shifted. Are people put off by the location, parking or accesibility ?