A guide to your property buy this new year

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The ushering in of the new year brings with it the prospect of purchasing property in 2019. First-time homeowners who are trying to get their feet into the property market may not understand or be clued up on how to adequately pursue the undertaking. We take a look at some of the steps to take when deciding to purchase.
CEO of Greeff Christie's International Real Estate Mike Greeff says, "The process of purchasing property need not be overly complicated, by following guidelines such as these and securing the trusted expertise of a qualified real estate professional the process is already significantly made easier."
1. Assess your finances
While this step may be a difficult one, it is necessary and purchasing a property is not possible without doing so. This includes taking a look at your income and expenses as well as disposable income. This also includes considering your deposit and what saving for a deposit on a monthly basis would mean for your finances. 
Assessing your finances also means realistically thinking about what you are able to afford as a monthly repayment and once you are ready to start looking at properties you should always bear that amount in mind.
2. Approach a real estate professional
One of the most crucial steps throughout the property buying process involves consulting a real estate professional to be your guide. An estate agent's skills and knowledge will be crucial in helping you find the property suited to you, so selecting an agent from a reputable agency is vital. 
Once you have an idea of an area or two you may be interested in, an estate agent will be the point of contact between you and the seller of a property you may be interested in.
3. Start looking at properties
Here comes the exciting part. The search for property opens up a world of opportunities as a prospective buyer. During your search you will consider the features you require in your property, including the number or bedrooms, bathrooms, kitchen, garage, etc. You will also consider properties which fall within your price point and in an area of your choice. 
Finding your perfect property will undoubtedly be an unforgettable experience and must be approached with the knowledge and experience of a qualified agent. Looking at properties means you get to narrow down a list of properties that that are suited to you and which fit the criteria and price bracket of your choice.
4. Settle on a property and put in an offer
Once you have settled on a property, through the help of your agent, you will be able to submit an offer to purchase to the seller whereby stating your intention to purchase their property. Once all the paperwork has been successfully completed, the transaction may take some time to be finalized before you are able to move in. 
Adhering to these four guidelines is one way to ensure an easy purchase process and focus on the more important things... enjoying your new home.  

Author: Greeff

Submitted 12 Feb 19 / Views 179