Whether you are a first time buyer or someone that has purchased numerous properties it can always seem daunting. So many questions to be answered. Is this the right time to buy? Where shall i obtain my finance? What about insurance ? These are all very relevant questions and the good news is that Ray White Echuca can help answer all these questions for you. Timing is important and you will need the assistance of an experienced and knowledgeable team to help you through the process.
Before you start to look at property, go to your financial institution or finance broker and determine the price bracket you wish or can afford to buy in. Without doing this you are basically shopping without knowing how much money you have to spend. This can lead to disappointment and frustration.
Private Sale V Auctions
Whether you are looking to purchase a property that is for Private Sale or for Auction the main thing to remember is to stick to your budget.
Buying at Auction is not difficult, however, we recommend that you discuss your interest in the property with the marketing agent well before the auction date. We also suggest that you attend several auctions before you intend to bid. This simple step will help make and bidder more familiar and confident with the whole process. Auctions are a transparent way to buy, you can see who you are bidding against and can be confident knowing the Sale of Land Regulations forbid dummy bidding.
A simple way to help narrow down which home is for you is to prepare a checklist of the features you are looking for. Divide it into must have features and others that are desirable and would be a bonus. Keep this list for all homes you visit, staple it to the brochure so that you can refresh your memory. It is also a good idea to visit any property that interests you at different times of the day and week.
Stick to these simple rules and we are confident you will be happy with your decision, whatever property you choose.