Most people’s New Year’s resolutions have something to do with losing weight, becoming more organized or finding a partner. For others, purchasing property is on the top of their resolutions list.
Unlike many short term goals, buying property takes a lot of time and planning so as we get closer to the end of the year, now is the time to start thinking about 2017. If you’ve been considering getting into the property market for the first time or expanding your portfolio – have a think about what your plans are for the new year.
First things first, what exactly are your goals? Are you hoping for an investment property or a home you can grow into?
Have you considered whether you would like to buy in Rockingham, Kwinana or Baldivis? Perhaps you’re looking at real estate interstate?
Planning for the future is crucial, especially when you first start dabbling in property. There is a plethora of options available to you so doing enough research to back yourself is definitely step number one. In a market that seems to be continuously changing, deciding what area and style of home will suit you will require you to get out and do some leg work.
Speaking to property agents and our mortgage brokers will keep you educated on the latest properties for sale and how your finances can be optimised to take full advantage.
Our mortgage brokers are integral when it comes to purchasing property so forming a good relationship with them will definitely help you along your property path.
Below are 7 things you should consider asking yourself this New Year.
- How much do I need for a deposit
- Decide on an area and style of home
- House or unit?
- Should I visit open homes?
- Do you want to buy and sell quickly or hold onto the property for some time to come?
- Will you be selling any property at the same time as buying?
- How many properties do you see yourself having in the long term?
What’s in store for you next year?