What are the Basics of Buying?
Introducing LJ Hooker’s fun way to learn
about the buying process.
The road to home ownership can be a lengthy and daunting process if you’re not prepared. By breaking down the home search, the financial preparations, and the purchase into a step-by-step process, the practice can be made much easier. That is why LJHooker has developed a fun and easy to understand guide to the buying process with the infographic board game.
By playing the LJ Hooker board game you will gain a good understanding of the buying process from start to finish. But, first, here is a breakdown of the three most basic steps that can’t be forgotten when you want to buy a property.
Get an appraisal
To get a good understanding of the local market, your equity and what your first steps should be, a property appraisal is needed. Your local LJ Hooker real estate agent can help you with this by providing you with a no obligation appraisal of your property.
Another crucial step is making sure you speak to a lending specialist. These are people with the right experience and qualifications in getting people into their dream home, and will be able to help you organise your finances and determine a sound plan for securing lending. Once you know your borrowing capacity, you can narrow down your list of properties. The team at LJ Hooker Home Loans are also able to help in this respect.
Research and save
Doing a lot of detailed homework on the areas you’re thinking about buying into is crucial. Are good schools nearby? Is it a safe neighbourhood? Does it have the amenities you like and want? The answers to these questions will all play a role in your final decision. While you’re at it, make sure your savings are in top shape!
So that’s the beginning of the journey: Assembling a dream team of experts, and making sure you step up with the savings and the research. But what comes next? Play the board game in our infographic to find out! It’s fantastic fun that might help you find your ideal property.
Article provided by myLJHooker. For the full article and more tips head to myLJHooker.com.au.