When purchasing property, it is important to consider several factors: 1. Make sure buying a property is financially affordable for you in the long run and that it fits with your overall financial security plans. 2. Calculate all true costs of purchasing and moving, as costs are usually higher than initially thought. 3. Determine your borrowing limit before looking at properties to keep your search within budget. 4. Research the area by talking to locals and neighborhood groups to learn more about the community. 5. Ask many questions of sellers and pay attention to their responses to help identify any issues.

1. THINGS TO CONSIDER WHILE PURCHASING PROPERTY
SHARED BY – JOE ARMATO

2. As vaguely hinted at, buyers should concentrate on whether
buying is affordable and the right decision long term.
Concentrate on the bigger picture: financial security.
Tip 1

3. Work out the true cost of buying as purchasing
property usually costs more than you think. Also,
always consider costs of moving from your present
place to the new property as part of your
calculations (if a house is what you are buying).
Tip 2

4. Find out how much you are able to borrow
prior to looking and when looking at
properties, always look in your budget. If not,
you will always be disappointed.
Tip 3

5. Peruse the area you are purchasing property
in, question the locals or neighbourhood
watch coordinator if one is available.
Tip 4

6. Before putting in an offer ask as
many questions as possible. Even if
you do not get a truthful answer you
can probably sense their discomfort
when they do answer.
Tip 5

7. Take pictures when looking at
properties. They are a useful
reference point when making a
decision.
Tip 6

8. View the property during the day to get a feel of what
the area is like at different times during the day.
Tip 7

9. Have a list of deal breakers and go
through it with each property
Tip 8

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