First Home Buyer Guide (Part 6) - Rands Financial Services - Mortgage Brokers

House Hunting

Once you have received pre-approval for a mortgage, it’s time to start house hunting. Knowing how much you can afford will help you narrow down your options and focus on homes that fit your budget. It’s recommended that you physically visit at least 20 properties in your preferred area that match your desired home features over a 6-month period.

There are several reasons why investing time in house hunting is crucial when it comes to buying your dream home.

• House hunting allows you to familiarize yourself with the local property market and the different types of homes available in your area.
• It helps you to track genuine savings history and conduct market research.
• Visiting multiple properties allows you to compare and contrast their strengths and weaknesses, and make a more informed decision when selecting your dream home.
• It can establish a relationship with a real estate agent who can assist you throughout the home buying process.
• Real estate agents have access to information and resources that can make your home search easier and more efficient.
• They can provide valuable insights into the local property market, negotiate on your behalf, and guide you through the paperwork and other administrative tasks involved in buying a home.

To Read More, https://www.randsfinancialservices.com.au/first-home.../...

Wait for the next episode, “Deciding if a ”House is the Right Fit for You"