Buying Tips

Buying and Selling!

Whether you have spent years saving and preparing to buy a home, you're a seasoned investor, or you're looking to sell and upsize, or downsize, the process of buying and selling can be a very daunting experience.

You can find the answers and peace of mind by working with, and utilising the knowledge and experience of RE/MAX Lighthouse Realty. A local real estate agency established in 1979.

Here are some tips to help you with the process of purchasing your first, or additional home.

First Home Owner Assistance Package

The Department of Commerce (WA) offers a First a Home Buyers Assistance Package of upto $2,000 to assist buyers with their legal fees.

Prequalify for a loan

Being prequalified for a loan determines how much house you can afford. It also allows you to move more swiftly when you find the right house, especially when you aren't the only interested buyer.

RE/MAX Lighthouse Realty have an in-house finance broker who can assist you with a myriad of finance options. A difference of even half a percentage point can make a huge difference in your mortgage payments and how much you pay over the life of a loan, so be sure to call and ask for Mitch Oliver. You'll be surprised of the rates a broker can find for you.

DO your homework!

Visit home opens to get an idea of the type of home your budget will buy. Doing the round of Saturday and Sunday opens may be a pain in the social life, but it will give you a good idea of value when you do find that right home. Only by viewing a number of homes can you get a gauge for whether a property is suited to your requirements.

Connect with a real estate agent

Real estate salespeople are out there appraising homes all the time. We know of other properties that you may not have found out about yet, we also know of properties that will be coming on the market in the coming weeks and can often match a house to you. We may also know of properties which failed to sell and the owners would sell if we had a buyer. If you have a house you need to sell first, we may already have a suitable buyer on our books to make the whole move a seamless event for you.

Features that help or hurt resale value

In some areas, a swimming pool actually detracts from a homes' value and makes the home harder to sell. In neighborhoods with two-car, attached garages, a single-car or detached garage may impact the home sale and future value. A knowledgeable agent will be able to point out features that hurt, as well as those that help, resale value.

Rate the houses you tour

Request an inspection check-list thru the contact us form on this website and I will send you a PDF copy for you to print off and take with you to property viewings. After touring each home, write down what you liked and didn't like. Develop a rating system which will help you narrow the field down to the house that's the best for you.

Refer to your Shortlist

Once you have shortlisted a few houses, call the real estate agents who you viewed the properties with, set up a second viewing and take an experienced set of eyes with you to look over things that you may not have spotted. It's amazing the things that can be missed in the excitement of house hunting!

If you're stuck, send us your buyer requirements by clicking this link and we'll do the shopping for you!

At RE/MAX Lighthouse Realty, we are all about service and are more than happy to give you some impartial advice to help you thru the maze, or perhaps offer you other options that you may not have considered, so let us help you get started.