North Mackay Real Estate - Mackay Real Estate

Buying Tips

How do you know when you are buying the “right” property? How do you know if the property is the “right” price? How do you know when it is the “right” time to buy?

Buying Tips

Buying a home is one of the most important stepping stones in your life, so it is understandable that you want to make sure that you are making the right decision, at the right time and for the right price.

Whilst the “right” time varies for everyone, it is frequently determined by the current trends in the housing market. For instance; are properties readily available and affordable? The “right” time can also often be determined by the financial situation of the buyer and therefore will have an impact on what they are able to buy, where they can buy and when they can buy.

We have put together some important factors for you to consider before you go and buy your dream property.

  1. You need to determine if you are buying the property to live in or as an investment
  2. What type of property are you going to buy? (unit, house, rural, land)
  3. What features do you require the property to have in order for it to be liveable or rentable?
  4. Do you need to sell before you buy another property?
  5. What is your budget?
  6. What will the costs be when I buy my new property?
  7. Do you need finance to purchase your property?

These top seven questions must be explored so that you can establish a clear plan for your property purchase. You need to research your needs and wants and determine your financial position so that you can make informed decisions and understand what you need to do in order to be comfortable.

The first step is to find out how much you can afford. Call our qualified Independent Home Loan Broking Managers now on (07) 4898 5999 and we will arrange a free, no obligation financial consultation in your home to assist you.