The essential steps to a fast home purchase
So you’ve made the decision to go out there and find your dream home.
Your partner and family are excited.
Your friends are excited (and perhaps a tiny bit jealous…)
But there’s a part of you that worries about the potentially long process ahead.
Yes, it can sometimes take months to discover your new family home. However, there are ways to go from house-hunter to homeowner as quickly as possible.
We’ve outlined 3 important actions below.
1. Know your budget
Before you do anything, work out how much you can afford for a home loan. What’s your credit history? What’s the current work status of you and your partner?
We suggest lining up a meeting your bank directly or a mortgage broker. They’ll provide advice on your borrowing capability, plus your monthly or fortnightly repayment capacity.
You also need to consider:
- Future ongoing costs – e.g. groceries, electricity and water bills
- Government fees and charges
- Legal and conveyancing fees
- Pest and building inspections
- Moving costs
Ensure your home loan is pre-approved and ready to go before you proceed any further.
For more tips, check out our first home buyer checklist.
2. Decide upon your criteria
Are you dreaming about a beautiful four bedroom home in Black Rock or Sandringham? Or a luxurious apartment in St Kilda or South Yarra?
Discuss it with your partner and write down (or type!) your key list of criteria. This will give you a clear picture of exactly what you want and don’t want in the property.
Consider things like:
- Type of housing (apartment, townhouse, house)
- Your ideal lifestyle (i.e. close to the beach, national parks, CBD, etc)
- Amenities nearby (i.e. close to shops, schools, and cafes)
- Number of bedrooms and bathrooms
- Parking available
3. Sign up to Listing Loop
Now that you know your budget and criteria, it’s time to jump online and check out Listing Loop’s off-market real estate platform.
Listing Loop is a new way to discover property listings that aren’t always advertised in the open market. By providing a one-stop-shop for off-market listings from all leading real estate agencies, finding your dream home can be achieved a lot quicker.
You don’t have to spend hours scrolling through property websites.
Or visiting multiple Open Homes.
We’re all about efficiency and putting an end to the time-consuming house-hunting process.
At Listing Loop, we replace ‘searching’ with real time property ‘matching’ – bringing the property to you. Simply sign up and insert your key criteria to gain access to properties matching your desires. You’ll soon start receiving alerts about suitable new places as soon as they’re uploaded.
And if you’ve got questions throughout your home buying process, you’ll have an Agent Assist to support you.
Are you ready to find your dream home faster? It’s time to get in the loop! Listing Loop is for serious buyers, not window shoppers. We look forward to helping you find your dream home ASAP!