The Do’s and Don’ts of Home Buying

There are a lot of considerations to weigh up when buying a new home and it can be easy to fall into the trap of buying a property based purely on emotion. So before you start looking for your next home or investment, keep the below tips in mind:

DO look at several properties – Do your research to get a good idea of what property elements you like and to get the chance to compare what is out there.

DO ask for advice if you need it – Talk to mortgage brokers and real estate agents and get them to help you understand the buying process and what your options are.

DO get a building and pest inspection – This can help reveal any underlying issues with a property that you might not have noticed from a simple walk through inspection.

DON’T buy a house for the décor – Don’t buy a house because you like the way that it has been decorated. You’re not buying the furniture, so try to imagine what the property will look like with your furnishings inside.

DON’T get emotionally attached – This is an important rule to stick to but it is easier said then done. Try to think logically about your purchase and consider all elements such as the price, location and whether or not it will be a smart decision for you.

DON’T rush into anything – There is no race to buy a home, if you miss out on one property, there will always be others. Take your time and don’t sign on the dotted line until you think you’re ready.