🏡 10 Burning Questions Every First-Time Homebuyer Asks

Buying your first home is exciting—and a little nerve-wracking! Here’s a quick guide to help you navigate the process like a pro.

1️⃣ How Much Can I Afford?

Think beyond the bond! Factor in interest changes, insurance, levies, maintenance, and surprise costs.

2️⃣ Deposit: Bigger Always Better?

A larger deposit reduces interest and strengthens your bargaining power—but it’s not always required.

3️⃣ Extra Costs You Might Forget 💸

Transfer duty, attorney fees, bond registration, inspections, moving costs, furniture, and renovations.

4️⃣ Pre-Approval = Power Move ✅

It confirms what you can afford and shows sellers you mean business.

5️⃣ Is Now the Right Time to Buy? ⏰

Markets shift, but the key is financial readiness. If you’re ready, it’s the right time!

6️⃣ Am I Paying a Fair Price?

Check recent sales and ask your agent for a reality check. Don’t rely on the listing alone.

7️⃣ What to Watch for During Viewings 👀

Check the roof, plumbing, wiring, and signs of damp or structural problems—don’t just focus on paint and decor.

8️⃣ How Long Will It Take?

Transfers usually take 2–3 months. Stay organized to avoid delays.

9️⃣ Is This a Good Investment? 💡

Look beyond the house—research the neighbourhood, future development, and growth potential.

🔟 Who Should Be On Your Team?

Your dream team: a trusted agent, inspectors, bond originators, and financial advisors. They protect your investment and guide you safely.

Extra Tips for First-Time Buyers

• Zoning laws: Know what’s allowed before planning extensions.

• Ongoing costs: Include rates, levies, and estate fees in your budget.

• Avoid mistakes: Don’t rush, skip inspections, or ignore resale potential.

Remember: Buying your first home is about building security, stability, and your future. With the right info and team, it can be fun—not stressful! 🎉