Buying Tips

Whether you are buying an investment property or a new home to live in, there are some common problems you need to be aware of to ensure your purchasing experience is stress free and risk free.

These few buying tips will make you aware of some of the pitfalls and ways to avoid them.

Why Are You Buying?

Think about why you are purchasing the property. If you intend living in the property does it really suit your needs?

If you have young children or elderly people living with you, you might wish to avoid stairs and prefer a level block.

Do you intend to install a pool in the future? Is the garden too big or too small? Will you need more bedrooms in future? Is it close to schools etc.

Building Reports

Be sure to have reports for building inspection and pest inspection prior to committing to the purchase.

Meet Your Neighbours

If you are buying a villa, apartment or townhouse you may be sharing a common wall with your neighbours. It would be advisable to check noise levels if possible. Try to meet your new neighbours. They may not share the same values as you.

Do Your Research

By researching the real estate market in a particular area you will be much better informed on property values. Ask Your Home Loan Consultant to show you some comparable properties which have sold in the area.

Check With Your Local Council

If a property has been renovated recently you might wish to check with the local council to ensure planning or building permits were approved.

Deciding how much to offer can be difficult. You might wish to make your best offer up front or start with a lower offer and be prepared to negotiate up.

However, purchasers who make higher offers might secure the property without giving you the opportunity to increase yours.

Buying At Auction

If buying at auction you should have:

  • Decided on a definite upper limit within your means
  • Conducted inspections
  • Had legal documents checked by your solicitor
  • Organised a cheque for the deposit
  • Finance approved

When bidding, bid with confidence and authority.

Cooling Off Periods

Note cooling-off periods can be waived subject to certain conditions.

James Sylvester


James commenced Mortgage Brokering in 2009 and launched the Mortgage Broker business "Your Home Loan Consultant" in February 2012.

With over 10 years of experience in the finance industry, our team in Brisbane are here to assist you.

We pride ourselves on transparency and communication, and no matter what you need – we are never more than a phone call away.

Your Home Loan Consultant is a full-service Mortgage Brokerage. Assisting first home buyers to get into their own home and then with the correct guidance show them how to create wealth through property investing.

James Sylvester

Latest News, Topics and your chance to WIN in our Competition

Competition

You have to be in it to win it! So go on ENTER TODAY! 

Please feel comfortable about entering the competition because we DO NOT and WILL NOT rent or sell any of your details to a third party. EVER!

We work hard to make sure that you understand what is going on in the financial industry. Our communication initiative ensures that you are kept up-to-date. This is much more than just the RBA announcements.

Keep up-to-date  with our our 8-page magazine with current topics on finance and property information posted directly to you. 

Make an appointment today to discuss your home loan needs

>