Your real estate buying journey Before you can make an offer, you’ll need to know the method of sale being used for that home. Remember, the real estate agent should treat everyone fairly, and your lawyer or conveyancer is there to support you through the process. Don’t make an offer on a property before seeking legal advice. Finding a property Thinking of buying? Agree on your goals Decide what you’re looking for and what your goals are. Talk to friends and family. Sort your finance How much can you borrow or afford? Buying a new home comes with additional costs you need to budget for. Investigate and understand your loan options and limits before you take out a home loan. Build your support crew You’ll need a lawyer, an insurer and a bank or mortgage broker. You may need a property inspector later too. Learn the lingo The more prepared you are, the less confusing the process will be. Learn about methods of sale, types of property ownership and how to identify risks and potential issues. Attend open homes or arrange a private viewing By now, you’ll know what you’re looking for in a home and what red flags to watch out for. If you like a home and it meets your needs, you can let the agent know and start researching it in more detail. 2
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