Buying a new home is an exciting time for anyone but can also be a time of learning for most. Read our buying tips to find out when is the right time to buy, the costs of buying and the fees you have to pay and what things to look out for while doing your initial homework.
Here at Wilkinsons Property we believe in assisting our clients to make educated decisions while supporting them with any questions or queries they may have along the way. We are here to help you.
Do Your Homework:
First of all, know the area you want to buy in. This is crucial in establishing an estimated price range for that area. This knowledge will serve you well later on when it comes to making an offer. Doing your research is vital and can be done through a number of primary and secondary sources. Ask locals in the area if they can give you any tips, read the local papers and drive through the area, taking note of the for sale to sold ratio. Conduct your own comparative market research by searching our recent sales page.
Many buyers new to the market will often overlook the ‘hidden homework’ that is essential. It would be wise to research property finance, government incentives like the First Home Buyers Grant, tax considerations and different insurance options. Compare your findings with a number of companies and you could be saving yourself time and money in the long run. A quick look through our financial services section of our community directory may give you the help you need.
To assist you with your homework, Wilkinsons Real Estate Agencies have provided a stamp duty calculator for your convenience.
When Is The Right Time To Buy?
Is there a right time to buy? It’s a question continuously asked by many buyers. The answer is simple. Anytime is the right time to buy provided the dollars and cents add up for your financial situation. The fact is that everyone’s circumstances are different and so the ‘right time’ could be now for some and for others it may be a little further down track. If the figures make sense to your long-term strategies and goals, then now is the time to buy. Getting your finance sorted can assist you with making the decision to buy now or later a lot easier.
Our agents are more than happy to assist you in any way they can, so if you have any questions please feel free to contact one of our three offices.