When buying your first place property whether to live in as an investment, you need to make sure you have certain things in order before putting down an offer. Determine the main purpose of buying a property – Are you buying to live in or to invest
- Work out where you stand financially to see if you can afford to make the loan repayments. This should be on top of how much you spend for your day to day living expenses. Our mortgage brokers can help work this out and see if you are ready
- Get a pre-approval from a lender
- Engaged a solicitor /conveyancer so you they are ready to review your Contract of Sale on the property you want to purchase
- Let the house hunting games begin!