Buying property is about the biggest financial commitment you’ll ever have to make. However it’s also going to be 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 home in the right area, organising finance and negotiating the sale – it all sounds little daunting. Yet it isn’t as complicated as you may think!
First National Real Estate agents are trained to assist you to identify your priorities, helping you to find the property that best suits your needs and budget. The advantage of dealing with a network like First National is that your new property can be found by your agent, working in collaboration with thousands of First National agents nationally. All First National offices have technology links that will enable you to view a potential home on the other side of this city, in another state, or even another country.
1. Speak with your financier or your First National Finance Consultant to arrange the best loan to suit your needs.
2. Prepare a short list of preferred suburb that suits your lifestyle. bearing in mind affordability and accommodation requirements.
3. Research sales in those preferred suburbs using First National recent sales and justlisted.com.au. Inspect every property in your preferred suburb so you have a feel for the prices. Attend all open homes in the area.
4. Develop a relationship with one of our professional Sales Consultants who specialises in your preferred area. He/she will be able to advise you of any additional information you may need and inform you of any new listings that hit the market before they are advertised.
5. When you find a property, ask your agent to send a copy of the contract to your solicitor or conveyancer.
6. If you are considering making an offer through First National we recommend that you obtain a copy of our Purchaser Protection Pack which outlines the process of the purchase every step of the way.
7. Your solicitor will arrange a building and pest inspection to make sure you are aware of any major defects and pest concerns eg: white ant, termites.
8. Following your solicitors or conveyancer’s advice on the sale contract and taking into consideration the building and pest reports, you are now able to make an informed decision to proceed with the purchase of the property.
9. Once negotiations have been finalised, you will be required to sign the sale contract and pay a 10% deposit. Your deposit will be held in a trust account until settlement. Contracts will then be unconditionally exchanged.
10. On settlement day it is advisable that you do a final inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.
For more information about buying your new home or investment property, simply contact our friendly Sales team.