7 tips for BUYING YOUR DREAM HOME

Strategies to stay ahead of a competitive market

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Whether you’re starting out on your journey to buy a home or are on track with your savings goals, getting into the property market can seem confusing and a little daunting.

There are still opportunities for home buyers in the market, so don’t be disheartened by what you are hearing.

To help with your property goals, Brad Cramb, CEO of distribution at Aussie, shares his insights into the seven things you need to know before buying a home.

1 GET YOUR FINANCES IN ORDER

Knowing how much money you currently have, what your expenses are and what level of repayments you can make before you start house-hunting will help you avoid any disappointment. This includes how much you can afford for a deposit, stamp duty, fees and home loan repayments. Reviewing an updated record of your savings, income and spending will help you to budget and assist in getting you a home loan sooner.

2 ASSESS YOUR LIFESTYLE NEEDS