First-Time Home Buyer's Guide: Buy Like a Pro

Buying your first home is a big deal. There are so many things to think about and so much that you don’t know, that it can be intimidating. We’ve demystified the process and broken it down into 6 easily understandable steps to help you on your way to becoming a proud home owner.

The Road Map

Find out more about what you need to know about home loans, property search, conveyancing and more.

1. Getting Your Bucks in a Row

Here’s what you will need to do to get yourself ready to take on the financial commitment of a mortgage.

Make sure your credit history is healthy

Build up your credit score.

Save For a Deposit

Why you should save for a deposit?

Assess Your Affordability

Before you start looking for a property you need to have an idea of what you will be able to afford. You can use an affordability calculator to work out what size mortgage you can qualify for. Beware the Additional Costs There are a number of additional costs that are incurred when buying and taking ownership of a house and these may come as a shock to a first time buyer.

2. House Hunting Tips

Some things to take note of when you are house hunting include:

3. Doing the Deal on a Property

A quick checklist when completing an offer to purchase:

4. Home Loan Know-How

The home loan application process:

5. Registration and Transfer Process

Taking ownership of your new home. Understanding the legal aspects of registering your bond and transferring the property to your name. The three attorneys involved in transferring your new property into your name are:

6. Moving Tips

Deciding how you will move will be influenced by: