Tips for First Time Buyers
Buying a home for the first time can be incredibly daunting. There's so much that needs to be done, so much you need to learn and so much you need to see, and only a relatively small amount of time to fit it all in to. When it comes to finding a property that you love as a first time buyer, many jump the gun and go for the first thing they see that makes them feel good, without considering their long term future - in order to help you make that mistake, and similar, we've put together some advice and tips for first time buyers.
Buying a home for the first time can be incredibly daunting. There’s so much that needs to be done, so much you need to learn and so much you need to see, and only a relatively small amount of time to fit it all in to. When it comes to finding a property that you love as a first time buyer, many jump the gun and go for the first thing they see that makes them feel good, without considering their long term future – in order to help you make that mistake, and similar, we’ve put together some advice and tips for first time buyers.
1. Be patient
It can be tempting to run in all guns blazing and put an offer on the first house that makes you feel good just to avoid missing out, but think about it – it’s better to miss out on a house that’s okay for you and save yourself for the one that’s perfect. Additionally, it can feel like it’s taking a lifetime to see a property that you actually like, but that’s fine. Make sure your expectations are realistic for your budget and you’re good to go.
2. Hire the best help
Finding a great property is daunting for a reason – there’s a lot of work involved. That’s why there are a great number of fantastic, highly qualified and extremely knowledgeable industry professionals to help you with the hard stuff. Having a fantastic Real Estate Agent will go a long way to helping you feel relaxed, and keeping everything under control.
3. Be realistic
Unfortunately, the legal process that goes along with buying and selling property can take a bit of time. There are plenty of things that need to be done to ensure you’re protected legally, and that the property you’re buying will become yours, unequivocally. Of course, that can take anything from a few weeks to a few months to do – so be realistic with your expectations. Don’t start looking for a home 2 weeks before you want to move into it, because that’s just not going to happen.
4. Get a second opinion
Never go to view a house by yourself. Take someone with you, preferably someone who isn’t emotionally invested. Get their opinion on the property, and then have a surveyor take a look at it, too, just to make sure. You can never be too careful.
5. Research, research, research.
Perhaps this should have been the number one point, because it really should have come before all else. Make sure you research everything. The area you want to move to, the property you’re going to be living in, the Agent you hire, the lawyers you hire, everything. One can never be too prepared, especially with a huge investment such as this!
Real Estate, redefined
Whether you’re looking for your first property, or your tenth, Domobase can help! We connect you with the finest Real Estate Agents and Landlords in the area you’re looking to move to, all with next to no effort on your part. All you need to do is download our app, fill in your details and link up your social media profile. After that, we’ll have up to three first rate industry professionals get in touch with you within a few days to show you some brilliant properties that suit your requirements wonderfully.