Pride Buying Tips

Buying property either to occupy or as an investment is one of the most significant purchases you will ever make. Pride Real Estate's buying tips will get you prepared to enjoy the returns of a successful property portfolio.

Tip 1: Get your finances in order

Have a clear understanding of your financial status and credit rating.
Reduce your consumer debt including any credit card balances.
Consolidate your deposit.
Determine how much you can budget for the property.
Get familiar with basic mortgage terms and shop around for suitable loans.
Determine your buying price range.
Arrange pre-approved or pre-qualified lending arrangements.
Engage a mortgage broker.

Pride Real Estate recommends mortgage brokers, Mortgage Fair (endorsed by the REIV). Mortgage Fair will meet you at your home or office at a time that is convenient. They will advise you on the best option(s) to finance your real estate investment.

Contact Max Ivanoff: 0405 595 610 or max@mortgagefair.com.au
Contact Amber Linzner: 0404 633 994 or amber@mortgagefair.com.au

Tip 2: Seek and you shall find

Familiarise yourself with your desired location.
Choose a maximum of three locations.
Partner with a real estate agent in your chosen area.
Visit the properties and make notes on each.

Tip 3: Make an offer

Consult the real estate agent when evaluating the asking price of the property.
Decide how much to offer for the property.
Be prepared for, and open to, the negotiation process.
Make an offer with confidence.