What is the process to buying your first home?

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1. Organise your finances

How much can you afford in mortgage repayments, as well as other ongoing costs associated with owning a property, and how much is your lending institution willing to lend you.

2. Find a property

Determine what kind of house and where you would like to buy. Attend open inspections and auctions to get an idea of how much properties are selling for and to get an idea of what the buying process is.

3. Engage a conveyancer

It is recommended that you engage the services of a professional conveyancer or solicitor as early as possible in the house buying process. They will help you with the legal documentation and the settlement process.

4. Research the property

When you find a property you are interested in you should do some background research to help you identify any building issues or other factors that may affect whether you…

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