Buying Real Estate
Buying real estate is about the biggest financial commitment and decision you will ever have to make. However, it is also an exciting turning point, one that will almost certainly make the most impact on your lifestyle.
For many it will be something never done before. Selecting the right property, in the right area, organising finance and negotiating the sale it can be a little daunting. Yet it is not as complicated as you may think and there are many ways that First National Real Estate Druitt & Shead can assist.
What kind of home are you looking for?
The first step is to decide what kind of home will suit your tastes, lifestyle & budget. It is also important to anticipate potential changes in lifestyle: size of family, job changes etc. Consider local amenities, extracurricular activities and schools when choosing your new home.
What can you afford?
Establish the price range that you can afford even before you start looking at homes and when possible, speak to your Broker or Lending Institution in advance to gain pre-approval. First National Real Estate Druitt & Shead can help by assisting you to determine both your priorities and potential price range.
Prepare a short list of preferred suburbs that suit your lifestyle, bearing in mind affordability and accommodation requirements and then start looking! Attend home opens and when necessary speak to the agent in order to arrange private viewings.
You’ve found it!
There are two ways of buying a home, and this is by Offer & Acceptance, or by Auction. Offers to purchase may be made in two ways, unconditional (commitment to buy the house as listed at the price agreed) and conditional (you will buy if certain conditions are met, e.g. Satisfactory Structural Report). At auction, make sure you keep your financial limit in mind and remember, once you have made a bid, it cannot be withdrawn. Auction terms & conditions will be provided by the Selling Agent/ Auctioneer prior to the Auction commencing.