BUILDING AND PEST INSPECTIONS FOR FIRST HOME BUYERS
by Dwell Building Services | August 2020 | Pest and Building Inspections
Ask anyone who’s interested in investing and they’ll tell you the best time to do it is…Right Now.
And that includes investing in your future in the form of buying property. Right now is probably the best time in years for first home buyers – interest rates are at an all-time low, there are still pockets of opportunity for reasonable prices on the Gold Coast and Tweed Coast, and if you have a good mortgage broker who can steer you through the bizarre lending landscape, you’ll be winning.
Come along with us, we’ll help you through the complicated and sometimes daunting process.
Here are 3 Tips to Get You Started:
1. Don’t Cut Costs: We realise that at this time in your life, you’re probably having second thoughts about taking on so much debt, worried about money and don’t want to over-spend in the buying process…but if you try to cut costs on your “team” you could do yourself a serious disservice. We’re talking about “online only” conveyancers and “one man band” pest and building inspectors. Always use professionals you trust. In your team, you will need an experienced solicitor/conveyancer, a mortgage broker, and a licensed pest inspector and building inspector. Don’t be afraid to call around and actually talk to people about the service they provide, make sure you are comparing apples with apples before committing.
2. Don’t Discount Ugly: There are a lot of houses out there that are ugly. But then miracles happen: you buy an old fibro shack at auction for $300,000, slap some paint on it, put in a new kitchen in and presto-chango, you’ve got a really nice house. Our building and pest inspections can save you thousands of dollars in the long run because you get a chance to have a full consultation with our inspector (who is a master builder) on site. He will give you insight into renovation potential as well as let yo know what needs to be done to maintain your dream property!
3. If you don’t trust real estate agents or are not confident negotiating…you’re not alone. There are other options if you’re not sure you can do the deal yourself. There is such a thing as a buyers agent. They are licensed real estate agents who are actually working for you and who will guide you and negotiate on your behalf. They have their fingers on the pulse of the current market and can be worth their weight in gold if you really don’t know what you’re doing. If you don’t have the money for that, get a friend or family member to help you. Think about all the people you know – is anyone a real estate agent? They could help you by sussing out properties for sale and negotiating on your behalf. If not, pick a stiff-necked uncle and go in there swinging with someone on your side…it’s not embarrassing especially once you’ve go the keys to your new home in hand.
Good luck and happy house hunting!
Dwell Building Services is your pest and building inspection expert on the Gold Coast and Tweed Coast. Our qualified and experienced inspector will ensure that you are armed with the best possible information going forward with your purchase!
