These tips can help steer you in the right direction if you’re considering moving in the future. There is a lot to think about when buying a home, but it doesn’t have to be stressful! 

– Save
The bigger the better when you’re saving for a home. A deposit of 20% of the purchase price plus enough to cover additional costs is a good goal
– Pre-approvalreal-estate-broker
Whenever you’re thinking of buying a home, always ensure you have pre-approval before you start to look. Compare    a few different loans before you decide. Ask your lender for a key facts sheet on each home loan so you can compare. Once you choose the loan and have pre-approval you’ll know what the repayments will be and how much you can afford to spend on a property
– Consider what you can really afford
Determine your budget based on what you can afford to repay now, not the maximum you’re allowed to borrow
– Get in first
When looking for properties, register for property alerts and Real Estate databases so you are among the first to hear about new properties for sale
– Inspect smartly
Take a list of practical things to check – like adequate power points, holes or cracks
– Is it sound?
Before you sign any contracts, it makes sense to have a pest and building report done on the house in case of any defects or problems

Conceptual paper house on washingline - 3d render