When is the right time to buy property?
This is one of the questions I am asked most often, but there is no secret formula that can give you a definitive answer.
We don’t know when the market is going to turn, we don’t know when property demand and supply will be optimally balanced in your favour, we don’t know when your dream home will go on the market for a price within your budget.
What we can help you with, is how to position yourself well, which includes:
* Keeping your eye on your local property market,
* Monitoring local sale prices,
* Going to open houses and see how many others are attending,
* Talking to local agents and letting them know what you’re looking for,
* Organising pre-approval of your loan so you know your borrowing capacity and have the ability to place an offer or bid confidently, knowing you have the wheels in motion with your lender, and
* Having an independent building and pest inspector ready to inspect any property you set your heart or mind to.
It’s important to work to your own timeframe rather than waiting to see what happens in the market. If now is that time, make it happen now.
The goal is to be in the right place at the right time with everything in place for you to confidently buy that house.
We’re here to help in any way we can!