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Advice for first-time buyers to narrow their home search

By Andrew Bell

If you’re looking to buy a home for the first time, you may find that the sheer number of choices available to you is overwhelming. After all, there are a lot of listings out there at any given time, and you might not know how in-demand any given option will be.

The following tips should help you straighten these issues out quickly and easily to prioritise the right properties for you:

Do your research

When you’re looking for a home, it pays to put in the time and effort to come up with a short list of the properties that are most interesting to you. Realestate.com.au noted that this can take quite a while initially, but it will be worth it in the end because it may only require you to go to a handful of showings before you find the ideal home for you.

Understand exactly what you can afford

A great way to quickly narrow down your list of possible properties is to crunch the numbers and figure out exactly how much you can reasonably spend on such a purchase. That should give you a relatively narrow window between the low end (homes you might not consider unless you run out of other options) and the upper limit (homes that are great but just too expensive).

That highly specific range of available homes should give you a handful of options that strike the perfect balance between the right price and the kinds of features you want.

Think about future needs

If you’re not totally clear on what your future holds, the things that make a home great for your needs today might be a bit of a bad fit even a few years into ownership, according to The Mortgage Reports. For instance, if you already have kids, or are planning to do so in the next couple of years, a home with only two bedrooms or a small yard might not suit your purposes.

Especially when you’re going through this process for the first time, it’s vital to have a seasoned professional by your side every step of the way. At Ray White Surfers Paradise, we can guide you through all the ins and outs of looking for your first home, giving you crucial advice throughout the process. Give us a call today to learn how we can help you find that perfect first house.

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