You can streamline your house-hunting. Here?s how:
* Work out how much you can afford to borrow before you start looking at properties.
* Take into account what your monthly or fortnightly mortgage repayments, ongoing property maintenance and rates will be and to these add your other living expenses.
* Get pre-approval from your bank or mortgage provider before you start your search. Then you will be able to make a genuine offer when you find a property.
* Make a short-list of the essential features you want in a property. Include location, number of bedrooms, bathrooms, parking, outdoor living space and stick to your requirements, that way you won’t be swayed to buy something that doesn’t exactly suit your needs.
* Use websites such as www.natgroup.net to help you narrow down your search. You can search under multiple criteria including your price range, number of rooms and location.
* When you’re out inspecting a property, take notes or even a photo of each property to help you remember what you thought of it.
* Take your time in considering each property you inspect. Remember that the first one you see could be the most suitable.
* Too many people keep looking, miss out on the first one and then end up comparing all properties they see to the first one they missed out on.
* If you’re serious about a property, expect to pay approx. $200 for a professional building report and approx. $200 for a pest inspection report.
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