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Our complimentary e-book "Preparing for your new home" outlines the issues that need to be planned for when buying a new home. It will assist in making your planning process more organised. It highlights steps most home buyers overlook and explains how our unique software package will help and save you time, money and stress.
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Popular Articles

Below are links to articles covering various important aspects to home buying.

A secret to the buying process.

Tips for preparing a budget.

Financial Planning tips.

7 Points to Costing your new home.

Attention home builders.

8 Points to Costing your project home.

How to cost the extras for your project home.

How to prepare and plan for your move.

Background to Home Buyers Information Guide.

About your Service Providers

6 steps in the Conveyancing Process.

The role of a Finance Broker.

The Buying Process

Always be prepared for the next step.

There are a number of issues that have to be addressed during the Buying Process. Get these in the right order and the process will be a lot easier.

Here we look at 2 different stategies for your consideration.

Strategy "A"

  • You decide to move, so you go and look at properties to see what is available. Good move? ….......No..............Why?
  • To buy a property you need to know what funds are available, you need to have an approval for finance and understand the legal process.
  • Imagine you saw a home that ticked all the boxes for all the family, but you cannot make an offer as your finance is not approved.
  • Now there is a mad rush to arrange finance which means compiling reams of documentation, which includes assets & liabilities, income & expenditure. This takes time.The stress levels are now rising.
  • You don't get the finance approved in time and miss out on the property. There is disappointment all through the family. The stress levels increase further.
  • Looking for a property before you are prepared, is the wrong way to plan.
    This is going backwards.

Strategy "B"

Strategy "B" works on the theory that you are always prepared for the next step. Lets go back to our example and look at a different strategy. To inspect homes with the view to purchase, you need to have the following plans already completed.

Make sure you start as early as possible on this preparation, like as soon as there is a possibility of a move afoot.

  • Start with a budget so that you know what surplus funds are available for mortgage repayments.
  • Prepare a list of assets & liabilities.
  • Start to prepare a "Cost Analysis" of the total project. Remember not all funds borrowed can be used for a home purchase. There are other contingencies that have to be met.
  • Take this information to a Lending Institution and get approval for a conditional loan.
    Note: Don't visit the lending institution before you have the above information as it will be a waste of time ie going backwards.
  • Find a legal representative to understand the legal processes in buying a house.
    Note: Make sure this is carried out before a contract is signed.
  • Determine all the amenities and services you require at your new location.
  • Prepare a list of what you require in your new home.
    Note: All this will have to be completed at some point in time so start early in your preparation and reduce the stress knowing you have plans in place.

Armed with the above information you are now in a great position to inspect properties knowing that:-

  • You have conditional finance approved.
  • You are operating within your financial constraints (Budget)
  • You understand the legal process as you will have to sign a contract.
  • You know what services & amenities you require at your new location.
  • You have a good idea of what you require in your new home.

This will place you in a much better position when it comes to the negotiation stages.