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Homebuying tips for spring
In a blooming property market, forward planning could help you find your next home sooner.
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As the weather warms up, so does the Australian housing market.
Spring is one of the busiest times for both buyers and sellers, often bringing new listings and increased competition.
Whether you’re looking for your first or next home, here are some buying tips to help you make the most of the season.
Get pre-approval
Home loan pre-approval is an important step to help you understand your budget and property possibilities.
In a competitive market, it could also strengthen your position by showing sellers that you’re a qualified buyer. This can make your offer more attractive when compared to those from buyers without pre-approval.
Explore your options
Spring often brings a fresh wave of listings, making it a great time to explore open houses and auctions.
Visiting properties in person allows you to experience different layouts and atmospheres firsthand. It can also be an opportunity to learn more about the things that are important to you, such as block size, natural light, and local amenities.
Look beneath the surface
While spring sunshine can enhance a home’s appearance, it could also hide potential problems such as poor drainage or leaks.
To avoid unwanted surprises, consider investing in a building and pest inspection. This could offer valuable insights into the property’s condition and help you make an informed purchasing decision.
Enhance your offer
With increased competition in the spring season, consider different ways to make your offer stand out.
Beyond price, this could include being flexible on settlement terms (where possible). Having your finances in order and being settlement ready can definitely work in your favour.
Chat with an expert
From exploring different property listings to finding a home loan that works for your circumstances, preparation can go a long way in a spring property market.
For expert lending support on your homebuying journey and beyond, reach out to your local Liberty Adviser today.
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There’s more than one way for first homebuyers to reach their property goals.
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