There is no doubt that the house buying process can be insanely frustrating. As someone who is currently going through the house buying process for the first time, I can tell you that you will never be short of headaches – but its all worth it when you get those high’s!
Luckily for me, I have helped many other people buy their first home, so I knew what to expect and I was ready for it… most people are not so lucky. The biggest piece of advice I can give to anyone looking to buy a house is to get organised… but organise what exactly?
Well, first off, there is no buying a house without finance. We have covered finance in a previous post and I am sure we will again, but it is without a doubt the most important piece of the puzzle. Without money, your ideas don’t get off the ground – and unfortunately (depending on your perspective of course) for a lot of people the banks who lend the money have got a whole lot stricter on who they lend the money to meaning up to 84% of loan applications are currently being declined. The best thing you can do to get yourself approved is to make sure your budget is in order and documented – and then stick to that budget.
Aside from that, its a good idea to get online (pintrest is a great site for this) and get an idea of what colour schemes, fixtures and fittings you like. There is an almost infinite amount of options out there and there is (almost) no wrong answers. When you see something you like, take a photo or keep a record. You have no idea how easy it is to do something as a builder if you have a photo of exactly what your client wants.
Other things to keep in mind are all the insurances you need/should get around buying a home. For all of that we recommend speaking to your financial planner – and if you don’t have one, GET ONE!
For recommendations on building, getting organised or for recommendation of a planner, contact us today.