- Find out how much of a mortgage you can afford. This is calculated by taking into consideration your savings, household income, current debt and expenses. You will likely need to pay 20% of the purchase price as a deposit.
- Get your loan pre-approved from a bank or financial institution. This will give you an indication of the price range in which to choose your home from.
- Now you can go about finding a home of your dreams. It will pay to have a list of things that you need in your home and perhaps a list of your wants as well. You may also want to take into consideration the locality of your dream home too.
For comprehensive information on how to find your dream home, we at Hearth Inc, invite you to attend our free information sessions for first-home buyers like you.
- Once you have found the home you want, make an offer to purchase the property. Here, you must employ the services of a solicitor.
- Now you can apply for your loan to be finalized and do any last minute checks.
- Once your offer is accepted and the agreement of sale is signed by both the parties, you will become the proud owner of your first-home.
Congratulations!
Tips on searching for your perfect home
Consider the following points to make your home buying experience manageable and successful:
- Determine the area, suburb and the neighborhood that you want to live in
- Work out and know your budget for your new home
- Create a checklist of what you would like to have in your home
- Have as look around to get a fair idea of what is available in the market
- Keep a diary and make notes of all the prospective houses you have seen
- Know the purchase options available and how they work
- Know your finance options and shop around for the best deal
- Find out the costs involved such as loan establishment fees, legal and conveyance fees, moving costs, insurances, any immediate repairs, need for furniture, etc
- Know the people whom you are likely to deal with such as the real estate agent, loan officer, solicitor, etc
Need more information?
We are holding free information sessions designed especially for first-home buyers like you.
Come in and have all your questions answered by certified industry professionals and equip yourself with up to date market information.
All for FREE!
Call us now and reserve yourself a seat in the very next information session. Places are limited so don’t let this opportunity pass you by.
Let us help you buy a home of your dreams!
Call us today and we will make your home buying process a breeze!
Call us on 0800 123 4567 or 09 123 4567.
Because We Believe……..
HEARTH INC.
We help people buy homes, not houses!
Head office
Level 4
Hearth Inc. Complex
100 Corner Street
Auckland Central
Auckland
Ph: 0800 123 4567
DDI: (09) 123 4567
Fax: (09) 123 4568
Email:
Mr. M. Morton
Real Estate Agent
Level 4
Hearth Inc. Complex
100 Corner Street
Auckland Central
Auckland
Ph: (09) 123 4567
DDI: (09) 123 4577
Fax: (09) 123 4587
Email:
Reference:
House:
ERA Ranch & Coast Real Estate Blog, (2010), Who Really Owns Your Property? Title, Ownership & Taxes. Retrieved January 8, 2011, from
Handshake:
RW Automation, LLC, (2009). Consulting/Custom Designs. Retrieved January 8, 2011, from
Lady:
Bendigo Lending Services, (2006). Retrieved January 26, 2011, from
by
edheer (student)
