EVERYTHING to know when BUYING a home.
Consider this your handy wee insiders guide to buying your next home. Even if you’d done it before, you’ll do better with this episode under your belt!
Andrew Duncan, real estate adviser and blogger, joins me on this episode to discuss everything you need to know BEFORE you decide to BUY your next home.
Like watching your kids move out” You wonder if they’ll get a little beaten up in the process of finding their feet. You have lots of advice, but you bite your tongue.
Real estate agents, mortgage brokers, banks, builders, friends, facebook groups and of course, your parents solicitor, all have plenty to say too. They come from different backgrounds and offer something in terms of guidance and perspective. Sometimes though, these voices can be contradictory – at worse they can be downright misleading!
So you’ve already purchased a home before – fancy yourself as a bit of an expert?
All it takes is one change in one of the many bits of legislation, or just one change in lending criteria, combined with a dynamic property market, to push you off course. One change could render your past ‘experience’ useless.
In this podcast episode, which is part two of a short series around this topic, we cover things like:
How to identify your next home
Getting realistic around price…and fast.
Can you trust real estate agents?
Is it buy at auction, by tender, or by negotiation?
Who’s better to deal with – the listing agent, or the selling agent?
Call it low and watch it grow – how to really know what an auction property is going to sell for.
Preparing for the day of auction – what’s the best strategy to use?
What’s the difference between using a mortgage adviser vs going to the bank directly?
Please note that all comments made in relation to any professional adviser who may help you during the home-buying process should be considered general remarks only. Please consider the team you place around you carefully. Before you embark on the home-buying journey, it’s a wise move to have an initial discussion with a mortgage adviser to get a home-buying-strategy arranged.
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Please ensure that you act independently from any of the content provided in these episodes. It should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions. In an ideal world, consult and engage an authorised financial adviser to provide guidance around your specific goals and objectives.
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