Saving up for a new house can be a tedious undertaking, even when you qualify for the state government’s First Home Owners Grant of up to $10,000. Many people admit foregoing the unnecessary expenses for a while to save for building a new house under programmes for house and land packages in Perth. For the sake of a brand new home, it is a necessary sacrifice. On the bright side, you can make things work without having to undertake a really severe austerity programme.

When you need advice about buying a house for the first time, everyone will tell you that you have to consider your budget, mortgages, and everything that has to do with the financial aspect of buying a house. But you’ll also have to think about the place itself and determine whether or not the place is perfect for you.

In searching for a brand new home, you’ll have to expect that not everything about these pre-built homes may fulfill every part of your need. You can make it suit your personality by initiating a couple of changes later on. You don’t have to look for a house that will match your idea of a perfect home, because the truth is there isn’t one until you make the needed changes to make it so.

If you have enough money saved and are secure in your job, there’s no better time than now to buy the home you’ve always dreamed of. That said, before you even start looking at a new home, you need to identify what type of real estate you’re interested in so you can choose the best one for your needs.

Choosing a property

Only one thing really matters in real estate: location. Everything else is just icing on the cake. So before you invest in property, be sure that it’s in the right location for your needs. How far is it from the office? From your children’s school? Are the transport systems in place highly efficient? Is the neighbourhood safe? Buying a property that addresses issues such as these is the best way to ensure a satisfying, problem-free purchase.

Buying your first home requires a substantial financial commitment. As such, you shouldn’t leave room for regret to squeeze into the picture. To make sure of that, ask yourself the following questions before you finalise the details of your contract:

How quickly can I get a home loan?

Trick question. Regardless of whether you are buying an existing house or having a new house built, make sure you have been pre-approved for a loan before you start looking at houses. Not only does this help set your budget, but it also helps speed up negotiations with the seller or the builder.

Experienced and veteran home buyers know how crucial property inspections are to the entire home shopping process, especially when they are looking into aged homes. However, first home buyers may not be aware of this important step. Some of them may even be tricked into thinking that if they are buying newly-built homes then they won’t need a property inspection when in fact, it’s the opposite that is true.