 |
 |
| Buying and
Selling Tips |
|
Please find following a number of Buying and selling tips. Click
on the Question below to see the Answer.
Home Buyer's Checklist
Facts for you the purchaser
The selling agent is engaged by the vendor and acts for the vendor, not you.
Am I ready to buy?
|
Home Buyer's Checklist
|
 You may think you know exactly what you want - and where. But a home that offers everything you want may not be in a suburb you prefer - or a home in the suburb you prefer may be out of your price range. So broaden your scope geographically. And start your search with an open mind. Here are some points you should keep in mind while house hunting:
1) What area do you want to live in?
2) What type of home would best suit your needs? (A house? Villa? Duplex? Terrace? Or, unit?)
3) Is the area convenient to work and schools?
4) Is transport nearby?
5) Is having family and friends nearby a priority?
6) Are lifestyle amenities important? (beach, shopping, pools, parks, or reserves, views).
7) Are any risk factors apparent? (suburbs in flight paths, near chemical plants, on Landfill or low-lying ground)
What is the development history/forecast of an area?
8)What is the home price performance for the area?
9) What is the crime rate for the area?
Top |
|
Facts for you the purchaser
|
Purchasing a home is one of the most important decisions many people will make during their lives.
In most cases, the sale of the home you want to buy will be handled by a real estate agent who acts for the seller and carries out marketing duties. The seller is known as the vendor.
Top |
|
The selling agent is engaged by the vendor and acts for the vendor, not you.
|
However, the agent has a duty to tell you some facts about the property. Ask the agent precise questions about the property. If the agent cannot answer your questions right away, then firmly ask them to find out the answers. You can also contact the relevant local council and other government organisations yourself and ask them for the information.
Below you can find advice on some of the issues that may be important to you when buying a home.
Top |
|
Am I ready to buy?
|
Buying a home is generally a long-term proposition and you need to think ahead financially. Make sure the home you buy is one you can afford.
You must be certain you have the money to pay a deposit on the property. If you require a home loan, make sure your income is enough to enable you to meet the repayments and that you can afford the establishment fee if one is required. Interest rates can go up as well as down so you should determine your borrowing capacity before looking at any properties. Financial institutions will help you do this.
There are also necessary annual payments such as property and contents insurance, local council rates on the property and service charges for water and sewerage. Generally, agents provide written information on these costs for individual properties. On top of all this, you need to make sure you have money for moving costs, electricity and gas, the telephone, water consumption, general house maintenance and the upkeep of lawns and gardens.
Top |
|
|
|
 |
|
 |
