Even when our financial status is settled, buying a property can result in a lot of stress. In this article, we explore the best practices we can follow to reduce stress and make the process go as smoothly as possible.
Know What You Want
If you don’t know what you want, you will undoubtedly spend a lot of time looking at homes that don’t meet your needs. If you know what you want, however, you are able to give a real estate agent a summary of your requirements, and they will be able to point you in the right direction. This will make the search less stressful, as the homes you look at will simply be better suited for you.
If you aren’t sure which aspects you should keep in mind, consider the following:
- Number of bedrooms and bathrooms.
- Home exterior: wood, brick, vinyl.
- Type of home. Are you looking for a townhouse, house or apartment?
- Surrounding schools.
- Proximity to public transport, including bus and train lines.
- Distance from your work – are you willing to travel, or would something closer be ideal?
- Distance to shopping centres.
- Age of home: would you prefer a newly built home, or something older? Are you interested in renovation?
These are just some starting points. There are many other things to consider, but having these as a basis will strongly help your search.
Buying a property is an intense process, which is why you should get help throughout it.
Your Real Estate Agent
A strong connection with your real estate agent will save you a lot of headaches and stress. If you aren’t liking the homes they show you or if you’re after something slightly different, tell them.
Once you do find a home you like, discuss the settlement process with your agent. Do they recommend implementing certain conditions? Should you organise for someone to inspect the house before you purchase or is that not necessary?
The process of purchasing a home involves a variety of legal documents which must be navigated. Doing this alone can be overwhelming, but even worse, can land you in an unfortunate position.
Contact a law firm – navigating the legal waters with a lawyer or conveyancer will help you get the right deal and ensure that the conditions you propose meet your needs.
Need Advice or Assistance with Buying Property?
If you’re looking to buy property, speak to our experienced lawyers in Brisbane. As members of the Queensland Law Society, our lawyers will examine your individual circumstances and offer timely advice on the best pathway forward.
At Phoenix Law, we specialise in Family Law, Personal Injury Law, Migration Law, Commercial Law, Property Law, Litigation Dispute Resolution, Estate Planning, International Trade Law, Intellectual Property Law and Workplace Relations Law. We speak your language, with a team of multilingual lawyers ensuring our clients get the best possible understanding of Australian law. Call our law firm today on 07 3180 0908 or contact us online.