Are You a First-Time Home Buyer? Here Are 5 Ways to Ensure Everything Turns Out Perfectly!

Tuesday, November 14, 2017, 6:00 AM | Leave Comment

Regardless of what stage of life you’re in, buying your first home is an exciting and memorable experience.

It is one of the greatest achievements an individual can make. Like many, you might be motivated by the desire to quit paying the ever-straining monthly rent, or perhaps you just yearn to acquire the satisfying freedom of being a homeowner.

If you are buying a home for the first time, here are some of the most important things you’ll would want to consider to ensure your dream home purchase is all a success!

  1. Location is key!

    Depending on your personal preferences, choose a neighborhood that offers a suitable ambience for you. Ultimately, you want to ensure your home is in a secure and convenient location within close proximity of social amenities such as shopping malls and banks.

    It’s an added bonus if you can find a place near your school or workplace.

  2. Have enough space

    One of the top reasons why people want to move is because they need more space. Look at your current home and take note of the areas that seem a bit clustered and stuffy.

    Find out what the floor plan of your current home is so that you can estimate an appropriate size for the your new living space.

    In addition, your lifestyle will also affect how much space you’ll need. For example, do you love hosting guests or would you like to begin working from home? Take all these into consideration when choosing a new home.

  3. Look at the amenities

    Apart from the basic amenities such as electricity and running water, there are many other features you need to evaluate before purchasing your first home.

    Kitchen appliances, bathroom amenities, household finishing and heating/cooling systems should all be inspected thoroughly to ensure that they match your expectations.

  4. Ensure all the legal requirements are in check!

    Many people have been conned into buying homes which are not legally owned by the seller involved. To avoid this, you would want to ensure you do a thorough background check on the seller and ensure they have the legal title deed of the property in question.

    To ensure your purchase occurs within all the legal requirements, get in touch with a discount conveyancing firm to help you facilitate services such as title searches and handling contracts of sales.

    These firms also help cut down the conveyancing fees by different percentages depending on the property value of the home you are to purchase.

  5. Work within your budget

    Money is also an important factor you need to consider. Depending on your financial plan, you would want to ensure you can comfortably afford your home.

    To avoid experiencing future strain in making payments, make sure you save well enough in advance and consult your housing agent on the best negotiable price.

    All this ensures you get the best home at the most pocket-friendly price; for affordability is key, but perfection is priceless!

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