Buying Tips

Buying Tips: Be Prepared, Be Confident

1. Prepare a Property Wish List
   Start by outlining the key features you need and want in a home. Identify your non-negotiables—such as location, number of bedrooms, parking, or proximity to schools or transport. This will help focus your search and streamline your decision-making.
2. Organise Your Finance in Advance
   Securing loan pre-approval gives you a major edge. Speak with your bank or mortgage broker to understand your borrowing capacity and repayment obligations. Being finance-ready shows sellers you're serious and strengthens your position in negotiations. If buying at auction, ensure your deposit funds are ready in your cheque account.
3. Engage a Lawyer or Conveyancer Early
   Having a legal professional ready to review contracts can save time and stress once you find the right property. If you’re unsure where to start, your real estate agent can usually recommend trusted professionals.
4. Budget for Additional Expenses
   Beyond the purchase price and loan costs, factor in ongoing property expenses. These may include council rates, home insurance, maintenance costs, land tax, and, where applicable, strata or body corporate fees. Understanding the full picture helps you budget realistically.
5. Do Your Research
   Attend open homes, inspect multiple properties, and compare features and prices. The more you see, the better your understanding of market value, which puts you in a stronger negotiating position. Tools like online price guides and property reports are great for comparing recent sales in your target area.
6. Sign Up for Property Alerts
   Use websites like domain.com.au and realestate.com.au to create customised property alerts. You’ll be notified instantly when properties matching your criteria are listed—keeping you ahead of the competition.
7. Don’t Skip Pest and Building Inspections
   For a relatively small cost, these inspections can uncover hidden issues that might otherwise cost you thousands. Always invest in professional reports before finalising a purchase.
8. Conduct a Pre-Settlement Inspection
   Before settlement, visit the property to ensure it’s in the agreed-upon condition. Confirm that any required repairs or inclusions have been completed and that nothing has changed since your last inspection.

Ready to Take the Next Step?
Whether you’re just starting your property journey or you’re ready to make a move, our expert team is here to help. At Limitless Realty, we offer personalised guidance, local market insights, and trusted advice to make your buying experience smooth and successful.

Call us today to speak with one of our friendly agents or
Email us to get tailored property alerts.

Your next home starts with Limitless.