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Buying your Home – Do your research

First Home Buyer Hub Do your research

7 RESOURCES
OVERVIEW
I’ll show you how you can go from “clueless” to “clued in” when it comes to knowing how much you can really afford. It goes beyond just plugging a few numbers into an online calculator. Using this strategy you will understand the true costs of buying and owning a home, including a few sneaky hidden fees that you might not expect.

Do your research

When you’re a first home buyer, there’s always a sneaking suspicion in the back of your mind that you might have missed something, a critical flaw in the property that you’re buying that you’ve missed.
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Building and pest reports are essential

Building and pest reports are what I would consider the most common, and almost mandatory cost when buying a house. These reports look at the building (structural soundness) and pests, to check you aren’t flatting with termites or white ants.
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Be flood aware

It’s very important to research the flood history of your home and to make sure it hasn’t gone underwater before.
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Check commute times

Most property inspections are done on Saturdays when the traffic is much different from during the week when there are commuters going to work and kids being dropped at school.
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Research your suburb and surrounding area

Even if you are familiar with a local area it’s still worth thinking about who will buy the property from you in the future
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Research the History of Your Home

As a fun little bonus, I thought we’d include a way for you to research the history of your home. Brisbane’s suburbs are littered with character homes with lots and lots of history.
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Warning Real estate agents aren’t your friend

I think real estate agents are in general friendly people, and while they will try to help you as much as they can in the home buying process you need to understand who is working for whom.
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