If you are looking at buying your own home there are a number of things to consider to ensure you make the right choice.
Congratulations! You are ready to buy a home in Darwin. Purchasing a home is an exciting life milestone and is a huge decision with so many factors to consider. Finding the right property can be a challenge. What may seem like a good fit now may not be the best choice for you in the long run.
Here are a some tips when buying a home
Think about your lifestyle – how you live day-to-day, your plans for the future and your budget will determine the home you buy. Will you need more or less room in the future? Is it important that you live close to family, work, parks, cafes and other recreational facilities? Consider how far you are prepared to live from schools and shops and if there is good access to transport.
Neighbourhood – Do your research before looking at homes in neighborhoods that aren’t convenient for young families. Look into school districts, local parks, neighbours and proximity to doctors and hospitals. Consider the length of your commute to work so that you can maximize the amount of time you have to spend with your family.
Space – How many kids do you want to have? Simple things like sharing a bathroom or closet space can become a hassle in the long run. Families with small children might want to look into an open-concept floor plan for safety reasons. A designated playroom might be a smart idea for your family, or maybe you’d prefer two levels instead of three. List out what your priorities before making the move.
Affordability – Now that you know what you’re looking for, the next step is figuring out what type of home you can afford. A review of your income, savings, monthly expenses and debt will be necessary.
Offer – Once you’ve found your ideal house, it’s time to get started with the financial and contractual side of the purchase. Let your Peter Kafkas Team property professionals guide you through this process. Purchase contracts vary in length and terms from state to state. Multiple offers on the same home are not uncommon, so you may only get one chance to make an offer that the seller will consider. That’s why it’s important to think carefully about your strategy.
Inspection – Once you’ve made an offer, hire a professional home inspector to give the house a standard inspection and make sure that it is a safe home for your family.
The Peter Kafkas team are ready to make a commitment to help you capitalize on current market opportunities and assist you in making an informed decision. A Call2View agent can help ensure you make the right choice for the long term, get a better understanding of different neighborhoods, schools, and market conditions, find a mortgage specialist, and more. Find an agent today!
Like this article or found it helpful? Share it!