Buying a house

[southee]

What a emotional roller coaster this has been.

Sold our house and moving out in a few weeks to the In laws.......so we have the cash and finance and are open to the settlement but the mind games some of these agents play has really opened my eyes.

Seems the homes we like are asking just over our price or the cheaper ones require work (new kitchens, bathrooms etc...)

Totally doing my head in ATM .

First home I have sold and buying a new place so I guess its all part of the experience......

Any tips?

[BoundaryRider84]

Just signed a contact for an ex display home, all the furniture included in the purchase price and fully landscaped.
Easiest house I've ever purchased, do it that way!!!!

[MatteeG]

At least your house is sold southee- you are doing the first part right.

Where you looking? And what specs are you after?

[southee]

At least your house is sold southee- you are doing the first part right.

Where you looking? And what specs are you after?

Down the flat mate......anywhere down in the suburbs. Inner South, South west areas. We are down South ATM (up your way)

[southee]

Just signed a contact for an ex display home, all the furniture included in the purchase price and fully landscaped.
Easiest house I've ever purchased, do it that way!!!!

Congrats mate !!! Wish it was that easy

[kickinit]

first thing you have to ask yourself if it's a house you are going to want to live in for the rest of your life. If yes then the thing I would be doing is writing a list of requirements that you would want the house to have. While it might sound strange once you've lived in it for a year or 2 it will make sense. If it doesn't have the things you need 1- are you able to do them to the house in the future and 2- how much would it cost to do them. Now if your thinking you will more then likely move again say in 10-15 years, i'd be looking at something that is able to be rented out.

If you find a house you like and it ticks all the boxes but out of your price range, don't be afraid to put in a bid. What's the worse that is going to happen it gets declined. while it might get declined, it could also mean that house might still be on the market in a month or so, and the price could get dropped to within your range. I've bought 2 rentals that way.

Probably one of the hardest things in buying a house is having a open mind, you have to try and picture your furniture inside it. While your still in your current house take measurements of every room, unless you have the floor plan. What this will allow you to do is compare it your new house to make sure everything is going to fit. Also take measurements of your appliances, while it might seem silly do these things, just think if it doesn't fit that means you will have to buy new stuff which could end up costing a few thousand dollars, which could be spent on doing things to the house.

1 thing I would consider especially in your situation, repaint the inside before you move in. It's a dam lot easier painting a house that is empty then a house that's full of furniture.

[Dog_ger]

Well done southee.

Only tip I can offer, enjoy the ride of life.

Hope to be in your situation one day.

[Baron Greenback]

Have to say my first experience has been great.
Signed the documents a month ago, but still haven't reached settlement because the land titles are still being done (land was subdivided into 3 blocks).
So basically been living rent/mortgage free for a month!

[Lightning McQueen]

Have to say my first experience has been great.
Signed the documents a month ago, but still haven't reached settlement because the land titles are still being done (land was subdivided into 3 blocks).
So basically been living rent/mortgage free for a month!

Lucky you, I've had two terrible experiences and I'm about to enter a 3rd one that is going to be an absolute nightmare.

[Booney]

It's a stressful event at any time, for anyone, in any price range - cant be anything other than that.

But, with the right agent, the right mind set and having done your homework it can also be very rewarding.

Our last purchase saw us hold onto our previous home for 2 years as an investment. Rates went up, values went down so we sold and cashed out.

We now live in the home we see ourselves living in for many, many years to come. Plenty big enough for our family with two teenagers at the moment and will be plenty big enough for me to hide from Mrs.Boon when the kids have left home.

I'd only have two things to add.

When buying - offer what you think it is worth, not what anyone else says - and do your homework on the prices in that area.

When selling - be realistic and dont let the agent dictate what the price should be - again, do your homework on the prices in that area.

[southee]

Thanks guys for all your help.

Not much really grabbing us on the market ATM.

Hope something will get up soon that interests us in our price range.

[Bum Crack]

Have to say my first experience has been great.
Signed the documents a month ago, but still haven't reached settlement because the land titles are still being done (land was subdivided into 3 blocks).
So basically been living rent/mortgage free for a month!

Lucky you, I've had two terrible experiences and I'm about to enter a 3rd one that is going to be an absolute nightmare.

He has a good conveyancer

[Footy Chick]

I think I should probably look at someone to sell my house at some stage, I think that's going to be the biggest headache - selling a unit in a strata with ridiculous strata fees!

[heater31]

I think I should probably look at someone to sell my house at some stage, I think that's going to be the biggest headache - selling a unit in a strata with ridiculous strata fees!

Probably wait until your other house at least has a roof on it

[Footy Chick]

I think I should probably look at someone to sell my house at some stage, I think that's going to be the biggest headache - selling a unit in a strata with ridiculous strata fees!

Probably wait until your other house at least has a roof on it

I'd be happy for some holes in the ground at this point Mister!

[heater31]

I think I should probably look at someone to sell my house at some stage, I think that's going to be the biggest headache - selling a unit in a strata with ridiculous strata fees!

Probably wait until your other house at least has a roof on it

I'd be happy for some holes in the ground at this point Mister!

you got a shovel? Start digging

[Footy Chick]

Isn't that why I'm paying you the big bucks?