It is true that buying a first home can be scary time. Buying your 2nd 3rd property can also be confusing and stressful but there are many things you can do to improve your odds of making a successful choice. Drawing up a wish list of desired features before you start searching for property, then sticking to it, is one.
A wish list serves as a compass for the new-home buyer and it can help you resist the enticements, sales pressure and even well-meaning family advice that you are bound to encounter.
When creating your list, you might want to ask yourself the following questions and invent a few of your own:
Once you have decided whether the house meets your specifications and there are no nasty surprises, the next step is to consider its on-sale value, particularly if this purchase is only a stepping stone to another property. Consider the following:
Has a property boom hit the area you in which you are buying? If so there may not be a lot of money to be made for seven years, maybe longer.
Suburb Property Data and Trends
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Some general tips
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