I'm planning to get myself a place.. my very own "nest" but it can pretty stressful when you are not familiar with the procedures , the do and don't , whether the value of the property is good or bad, the loan procedures.. this and that!
Being a "virgin" in this aspect (lol) it is important to have reliable home buying advise from the experts who knows the market inside out. Buying a property involves a large sum of money and its vital for you to do some research and know a little bit about the property market.
Watch and learn from this video. Its very informative and guide you step by step towards purchasing your dream home.
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For First Time Home Buyer
1 Finding the Ideal Propety -
Get pre-approval and check how much you can borrow. That way, you can set a budget and look for the property and area within the budget. Key word- Research.
2. Financing the Ideal Property
It is important to find out how would you want to finance your new home. It is critical to understand all the costs involved to avoid any nasty surprises along.
3. Home Loan Options
List out and understand the different loan options available, what effect interest rates will have on these, and which one might be most appropriate for your own circumstances
4.The Home Buying Process
Once the excitement of finding the ideal property is over, the actual home buying process can be a long, drawn-out affair. Its a long process, but getting your own home will be such a rewarding experience.
Good Luck!
If you are looking to buy a place in Sydney, do check this website out. A friend of mine is selling properties and if you need any assistance, do contact him directly. Have fun!
Click me! http://aussiepropertydotcom.blogspot.com/
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