A question asked by the many and answered by very few. It's hard, especially as a first-time buyer, to understand the best way to invest in a property.
When buying a property there's a whole host of different personal factors to be considered and as if that wasn't enough, you have the appreciation of the asset to consider, affordability, stamp duty... the list is endless.
For us, we still believe that personal preference far out-weighs investment logic when it comes to buying your home. Amongst all the confusion, we advise our buyers to keep things simple.
Pull up a chair, grab a pen from the dusty stationary draw and scribble the essentials down on a piece of paper.
- Marital Status
- Occupation / Work Commitments
- Lending Power / Affordability
- Necessities (No. of rooms & bathrooms etc).
Once you have a simple tick list of the things that are most important to you, stick to them. Listening to generalised advice on the best locations to buy or the 'upcoming areas' is not going to find you your ideal home. For every buyer, there's a completely different set of priorities that need to be accounted for and it's these exact things that will make the difference when investing in your dream home.
A good estate agent will always keep track of these goals and ensure the buyer is reminded of what they came looking for at the start of their hunt. With this, you can't go wrong.
Good luck in your hunt! If you need help, give us a call.