It’s a common question, how do I find a Sydney property that fits my budget? Here at Full House Finances we understand your conundrum. You have been looking at all the real estate websites… fantasising about your dream home… inspecting property after property… you find THE one and you start deciding where to put your furniture… and then it happens – SOLD! With a price tag that is always well above your budget.
Looking for a property is often described as emotional, stressful and exhausting. Once your dreams are shattered (temporarily at least) dipping your toe back into the water and starting the house-hunting routine all over again can seem like an impossible task.
The good news is that you can avoid all this heartbreak and take a much more strategic approach to investing in the Sydney property market. It needn’t be as difficult as you currently think!
The fact is everyone has an idea of which areas they would like to live or invest in. The first question you need to ask yourself… “Is this a realistic goal based on what I can comfortably afford”? To answer this question effectively you need to do two things…
Firstly, you need to research the suburbs and neighbourhoods that are on the top of your hit list. The easiest way to do this is to take advantage of our free property report. This will help you to fully understand the market within the areas that are of specific interest to you.
We will identify and explain the emerging trends and also provide an analysis of recent sales. Using this information you can then narrow down and refine your search to the neighbourhoods within your set budget. This will give you a much more pinpointed target zone meaning that you don’t have to waste your time or energy looking at properties you simply cannot afford.
The second step, which is no less important, is to meet with a mortgage broker to discuss your finances and to secure pre-approval on a home loan. Again, this will ensure that you avoid heartache and disappointment in the future when you do find the right Sydney property. For more information on finding the best home loans, click here to read our dedicated post.
Do these two simple steps and you’ll be on the fast track to finding a property in Sydney that’s within your budget. Want further assistance? Here at Full House Finances we can take things one step further and find your dream property for you. Give us a call today and ask us about our Buyer’s Agent Service. Get your Saturday’s back and let us do all the work for you (including all the tricky negotiations!). Call us today on (02) 8354 3014.