Skip to main content

5 Tips For Buying a Home In Logan

If you’re thinking about buying a home in Logan, you should know about our 5 tips that can help you make the right decision on your purchase.

1)     Be honest about what you can afford

One of the worst things you can do is purchase a home that is beyond your means to pay for.

Buying the wrong home can lead you to slave away paying off an expensive mortgage your entire life. Or worse, it can become too costly for you to pay at all, forcing the bank to repossess your home.

Affordability is not a matter of borrowing the max amount you can borrow. Instead, you should consider just how much you can afford to pay every month.

Plan a budget based around your home loan repayments with enough left over for emergencies and maintenance. That way you can have a great home while still enjoying the lifestyle you want.

buying a home in logan

2)     Know your zoning and overlays

Knowing your zone and overlays are very helpful when purchasing a home.

“Zoning” is the way that the government controls how the land can be used. As such, zoning laws determine how large buildings can be and where they can be placed.

Meanwhile, “overlays” are more specific and relate to specific elements of the land such as vegetation, heritage, character values or risks (erosion, bushfires etc).

If you’re looking to modify or build on a property, knowing what zoning laws and overlays apply to the area will let you know what you’re allowed to do on your own land.

3)     Look at the area of the home

The home you want can vary based on your lifestyle. Thus, you should make sure the area your home is in caters to that lifestyle also.

For example, if you are a family with young children, you may want to position yourself near a school.

However, if you’re a professional who works in the City, you’ll want to buy a home as close as possible to the CBD.

If you’re someone who does not own a car, you would be wise to buy a home somewhere that has ample public transport within a short walking distance.

4)     Negotiate as much as possible

Buying a home is the biggest investment that many people ever make. As such, you should not be afraid to negotiate as hard as you can.

You should begin with a reasonable, lower end offer on the price of the home. If this price is not accepted by the seller’s agent then gradually work your way up until a compromise is reached.

Set yourself a maximum price cap and do not go over it.

5)     Book a building and pest inspection

One thing that can influence the price of the property is the existence of any flaws.

Such flaws include a termite infestation, degraded fencing, damaged roofing, bathroom mould and poor paintwork.

These flaws are generally exposed by a Pre-Purchase Building and Pest Inspection.

After finding these flaws, you can either decide not to buy the home, force the seller to amend these issues or compel them to lower the price of the home.

Contact Dedant today

Dedant offers quality Pre-Purchase Building and Pest Inspections from $350. This inspection can save you thousands of dollars when buying a home in Logan.

To book with Dedant, contact us on our website or call us on 07 3807 0122.

Labels:

Comments

Post a Comment

Popular posts from this blog

Chemical Termite Barrier

 Since 2009, we have been providing chemical termite barrier s. Brisbane and South-East Queensland is a popular spot for termites. Our climate, frequent rain and bushy-environment provide ideal conditions for termites as they love the heat and damp timber. Due to this and the high amount of damage they cause to homes, Australian Standards recommend that every home have a termite management system in place. This can be in the form of a physical termite barrier, chemical termite barrier, baits, and/or frequent inspections. However, a chemical termite barrier is the most effective system currently available. What is a termite barrier? A chemical termite barrier is a type of termite treatment that provides long-term protect against termites. It is installed around the perimeter of a home and prevents subterranean termites from gaining access to the building. The chemical used for the treatment is a long-lasting chemical that lasts for up to 8 years. At Dedant Building and Pest Inspect...
Post a Comment
Read more

Drone Inspections

 Since their invention, drones have been utilised in many industries. In the building and pest industry, drones are employed to carry out roof inspections. Drone inspections provide a safe, accurate and cost-effective method of checking the condition of a rooftop. Without the use of drones, the only method for checking a rooftop is to physically climb up on the roof via a ladder or scaffolding. As you can imagine, these options are not always possible due to safety concerns and budgeting restraints. The purchase of a property is likely to be the biggest investment someone will ever make in their lifetime. As such, many buyers want to be assured that the property they are considering purchasing is in good condition, including the roof. Drone inspections can provide peace of mind by capturing 4k High-Definition footage of the current condition of a rooftop. The Drone Inspection Process If you’re considering getting a drone inspection for your roof, be assured that the process is stra...
Post a Comment
Read more

Pre-Purchase Building and Pest Inspection

 A Pre-Purchase Building and Pest Inspection is a visual inspection of a property. It is performed prior to finalizing a property purchase and is there to protect the buyer. Buying a new home is likely to be one of the biggest investments you’ll ever make. Understandably, you want to make sure the house is in the condition you believe it to be. Nobody wants to move in only to find the home is ridden with termites or major defects. A pre-purchase building and pest inspection helps prevent this from happening by providing a snapshot of the true condition of the property. What's included in a Pre-Purchase Building and Pest Inspection? As the name suggests, the inspection is a combination of a building inspection and a timber pest inspection. The building inspection checks the property for major defects and safety hazards and other minor defects. The timber pest inspection checks the property for any evidence of termite activity or damage. During the pest inspection, the inspector wil...
Post a Comment
Read more