As a first-time home buyer you play an important role in any property market. Typically this means you are looking to buy at the lower price end of the market. Unfortunately this is often where it is most competitive, too.
Since this is your first time buying a house, you are more likely to make some beginner mistakes.
I’ve listed down 10 of the most common traps that I have seen first home buyers fall into. Check and see that you do not fall into these yourself.
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After searching properties and compiling a master list of every property you like, is it ok to attend an open house without a buyers agent?
If you happen to happen upon an open house and you don’t have your buyer’s agent with you, there is nothing wrong with stopping in to take a peek.
But there are a few things you want to be sure to do and some you definitely should avoid.
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Apartments make a great entry point into Sydney’s real estate market. As your original purchase or investment property, you will want a smaller apartment. That typically means a single or two bedrooms.
Which one offers the greater benefits?
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As long as there is a scramble to acquire a property, there will be open houses.
Open houses are a great way for you to check out the property with your own eyes, suss out the competition, and dig beyond what is mentioned in the listing data.
As a buyer, here’s an etiquette guide for attending open houses.
Buying a property in Sydney becomes so much easier with a good buyer’s agent by your side. In fact, even though I am a buyers agent myself, I engage a buyers agent when I buy property, because that takes the emotion out.
However, you want to be careful with who you choose. Not all buyers’ agents are “created equal”.
Here are the most critical elements to look for when you screen your next buyer’s agent:
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We probably all know that a buyer’s agent can be a great asset when it comes to buying a great home.
But does it matter if your buyers agent is local, or is it more important that he or she is a fantastic person, no matter where they operate?
Find out why you need to find someone who lives, breathes, and understands your local area. And why it’s one of the most important things to take into consideration when selecting a buyer’s agent.
Thinking of buying a home or investing in a property? There is always that chance you end up buying a bargain property.
Buying for a much lower price, however, often comes with surprises. There are basically three terms you will hear when it comes to low priced properties in Sydney and elsewhere in the country:
Let’s have a look at these in turn, and what to be aware of.
In a world where generic real estate queries are just one Google search away, it’s nice to know that there are still people out there who can give you personalised real estate investment advice.
Before buying any property, you need to be well-informed about your personal options. Your financial capacity, the property’s investment potential, among others.
I’ve listed five essential people you should seek advice from before making a property investment:
Are you feeling stuck for ages at your parent’s place? Do you think you have blown enough on rent? Or may be, the idea of home ownership has started making its way into your dream figments. Newsflash: you can own your own home and why not- don’t we have the highest percentage of home owners on the planet? In fact, for reasons more than one, 2014 seems like the best time to fulfil your ownership ambition.
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Investors Shoot Up, First Home Buyers Fizzle Out
Home loan commitments to owner-occupiers have reached its monthly peak, calculated since October 2009. Both refinance and non-refinance commitments are trending much higher over monthly and year to year indices. A disturbing trend, however, is the marginalisation of the First Home Buyers (FHBs).
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