Buying or selling a home can be a complex and time-consuming process. Even before you make the ‘big decisions’ about which property to buy, which home loan to select, or which estate agent you engage to sell your home, there are many other important decisions you will need to make. Doing some homework can help you avoid expensive mistakes.
You are more likely to make the right choices if you:
• know what you want
• are informed about your options
• shop around for the best price and service or product that meets your needs
• refuse to hurry into a decision
• take your time
• read everything before you sign
• ask questions.
Know what you want
Start by making a list of all the essential features you require in your property. This will help you stay focused on your requirements so you don’t get carried away and buy something that looks great but doesn’t meet your needs. It’s also a good idea to make a wish list of all the desired but non-essential features you would like so this can be factored into your decision making when you find them in a property you can afford.