Inspect & investigate
When inspecting a property allow adequate time at the exhibition so you don’t feel rushed so you can spend quality time looking through the property. Agents in the ACT must have the Contract for Sale available at the exhibition. This document includes the building and pest reports and you can request a copy be emailed to you to read at your leisure.
Finance Approval
Before you start looking at buying a property you should know what you can afford and have a pre-approval in place with a financial institution. We recommend utilising the services of The Home Loan Centre. A fully qualified Mortgage Consultant can meet with you and tailor a loan structure which best meets your needs and objectives. This service is free of charge to you.
Think long term
Don’t base your purchasing decision on short-term property outlooks. Property is a long-term investment. If you find a property which ticks all the boxes but decide not to make an offer just yet as you believe in a couple of months the property may be cheaper, this could result in missing out.
Buying Tips
Research the area
Being familiar with the area you are buying into is very important. Doing research on the suburb, school zones, public transport and facilities, nearest major shopping centre and hospital all are important factors to ensure your continued property growth in the future.
Gather Knowledge
Be aware of the different methods of sale, such as private treaty, auction or tender and know what they really mean as well as the potential risks involved.