Buying with Angela Capitanio

Buying Your Own Home

Choosing the right home for you comes down to prioritising your needs and wants for your future property, knowing what you can afford and knowing exactly what’s on the market when you’re ready to buy. Once you have found your ideal property, there are a few more points you’ll need to know before purchasing.

Knowing What You Need

The type of home you buy should reflect the lifestyle you’re planning for the future. Listed below are some factors that should be considered.

Knowing What You Can Afford

This really comes down to how much money you have saved or have available as a deposit and how much you can afford in monthly repayments after all your other expenses have been taken into account.

Most lending bodies have strict guidelines concerning these issues and you’ll often find a great deal of variation in what’s offered in the way of home loans. You can approach the lending bodies individually or take advantage of RAY WHITE LOAN MARKET, which can save you time and money by finding the most suitable housing loan package on offer at no charge to you. Once you know your borrowing limit, you’re all set to take the next step…

Knowing What’s Available

You can now go into our Property Search to check out any of our current listings which may suit your requirements. If we don’t have what you want right now,  please contact me on 0418 772 315  or alternatively send me an email to acapitanio@raywhite.com with your requirements and we will ensure that you’ll be among the first to learn of a new listing – often well before the sign goes up or the first ads appear in the local newspaper publication.

So You’ve Found Your Ideal Property

The legal aspects of purchasing a home are often complex. We strongly recommend appointing a legal representative – either a solicitor or licensed conveyancer – to look after your legal rights with regards to your purchase.

Your next course of action depends on whether the property is for sale by private treaty or auction.

Private Treaty

Your opinion of the value of the property and what you can afford to pay will influence whether you pay the asking price or decide to make an alternative offer.  Once agreement is reached on price and other terms, it’s usually in everyone’s best interest to get the contracts exchanged as quickly as possible.

Auction

Sale by auction means that an immediate enforceable contract exists between the parties ‘on the fall of the hammer’. For this reason it is vital that you do your homework before bidding at Auction.

A Few Auction Tips

You’ve Been Successful – What Now?

Most sales settle between four and six weeks after the date of exchange. Make sure that you’ve taken out the necessary property insurance, preferably from the date of exchange, just for safety. Your legal representative may recommend a pre-settlement inspection of the property to make sure that nothing associated with the property has been altered.

THE HOME IS NOW YOURS. CONGRATULATIONS!