| We are taught from a young age not to dive into | | | | are targeting and have prepared the groundwork |
| a pool or dam without investigating the depth and | | | | for getting a loan, you are ready to begin house |
| any possible dangers which may lurk beneath the | | | | hunting. There are some things to keep in mind |
| surface. Buying property can be a wonderful | | | | when searching for a home. First and foremost |
| experience, especially when buying a new home, | | | | you should consider location. What does the |
| but like diving into refreshing waters, it's best to | | | | neighbourhood look like? Are there schools |
| be sure before diving into a property deal. | | | | nearby? Remember that it is better to get a bad |
| This article will give you some advice on the steps | | | | house in a good neighbourhood than to get a |
| to be taken in finding and purchasing a home, | | | | good house in a bad neighbourhood. |
| from the time you decide that you are interested | | | | Make an Offer on the House |
| in buying a home to the signing of the contract. | | | | Don't be afraid of negotiations. The property's |
| Educating yourself before beginning your search | | | | listed price is not cast in stone. Try to push for a |
| for a new home will make the process that much | | | | better price and see what the response is. Once |
| quicker and easier, for you, the seller and the | | | | you agree on a price make sure to carefully read |
| agent, which means that you will get the best | | | | through the purchase and sale agreement before |
| house for your money without unnecessary | | | | signing. Talk to your real estate agent about any |
| delays. | | | | problems you have with the document. Do not |
| Establish Your Budget | | | | sign yet though... Make sure that the seller that |
| Many home loan providers have websites offering | | | | you made the offer to is the real owner of the |
| loan payment calculators, where you can establish | | | | property. Your real estate agents should be able |
| how much you can afford to loan. Alternatively | | | | to explain the offer to purchase to you. You, as |
| you could visit a home loan consultant who will | | | | the buyer, have to perform certain activities; |
| help you establish what your home buying budget | | | | make sure that you are in a position to perform |
| will be. This is a good place to start. Major | | | | on time as per the contract. |
| Mortgages offers excellent assistance in assisting | | | | Have the Property Inspected |
| homebuyers in the preparation of a budget. See | | | | Be sure that the contract includes beetle and |
| contact details below. | | | | electrical, if not have the house inspected before |
| Familiarise Yourself with the Laws Governing the | | | | signing the contract. The inspector should have |
| Buying of Property | | | | experience in residential properties and allow you |
| There are rules and regulations which should | | | | to accompany him during the inspection. This will |
| shape the property purchasing or selling process, | | | | set your mind at ease, letting you know about |
| however these are not always adhered to, | | | | any problems the property may give you down |
| whether this is due to ineptitude or a slipup of | | | | the line. A Beetle certificate is included in the offer |
| some sort, it will be to your benefit to be | | | | to purchase in the Western Cape but it is not |
| educated on the legal requirements involved in | | | | custom in Gauteng. Make sure that you are |
| buying a house. This will allow you to pick up on | | | | protected by a special clause where the seller will |
| any problems as they arise, dealing with them | | | | issue an electrical certificate. |
| quickly will avoid frustrating delays at a later | | | | Shop Around for Insurance |
| stage. | | | | You will need to have your insurance lined up and |
| Search for a Home Loan | | | | ready before signing the contract. With so many |
| Too often home buyers wait until after they | | | | specialist websites out there it is not difficult to |
| have found the house they wish to buy before | | | | find quotes and tips on buying insurance online. |
| searching for a home loan. This can take some | | | | Finally You Can Sign the Papers |
| time, so get it out of the way before looking for | | | | Do not be shy of asking questions before you |
| your house. You should get offers from several | | | | sign. This is the time to handle any issues that |
| lenders, and enquire about pre-approval home loan | | | | may be troubling you, because once you have |
| offers. Major Mortgages, will contact all major | | | | signed it may be too late. Buying your new home |
| institutions to get the best rate for you. One | | | | is a very important - not to mention expensive - |
| phone call can save you a lot of time and money. | | | | step to take, so never be afraid of asking |
| See their details below | | | | questions, and be 100 percent sure of your |
| Begin Hunting for your New Home | | | | decision. |
| Once you have an idea of the price range you | | | | |