Buyers & Seller Decisions

We can help you make the right decision when buying or selling your home. Here are a few things you will need to prepare for when buying and selling your home.  Call and speak to an M&M Real Estate Realtor who can assist you in the buying and seller process.

Making the right choices

• know what you want

• are informed about your options

• shop around for the best price and service or product that meets your needs

• refuse to hurry into a decision

• take your time

• read everything before you sign

• ask questions.

Know what you want

Start by making a list of all the essential features you require in your property. This will help you stay focused on your requirements so you don’t get carried away and buy something that looks great but doesn’t meet your needs. It’s also a good idea to make a wish list of all the desired but non-essential features you would like so this can be factored into your decision making when you find them in a property you can afford.

Be informed

Learn as much as possible about every aspect of the property buying and selling process. Research as much as you can about the market value of property in your preferred areas by searching the internet, attending auctions, speaking with a variety of Real Estate agents and reading newspapers for auction results.

Shop around

Educate yourself about the products and services offered by Real Estate agents and lenders. Websites are an excellent source of information and shopping around will give peace of mind that you are getting value for money and your needs are being met as fully as possible.

Don’t hurry

Never rush or be pressured into making hasty decisions. There is a lot of money at stake and many years will be spent paying off your mortgage. Make sure you are committing to the right property for you.

If you take your time and do your homework you will feel more confident you are making an informed decision when the right house at the right price with the right loan comes your way.

Read before you sign

While buying or selling you may come across different types of contracts such as loan contracts, authorities to sell and contracts of sale.

It’s important to take the time to read and fully understand what you are signing, before you sign it.

This includes all terms, conditions and fine print. Make sure anything agreed to verbally be put in writing so you know exactly what you are committing yourself to.

If something is unclear, ask for an explanation. If you are still uncertain, it is better to wait and seek professional advice before signing. You should keep a copy of all documents you have signed as a record for your reference.

Negotiate

Many terms and conditions are negotiable between the parties. Real Estate agents and lenders, as well as buyers and sellers, want your business.

Buying or selling a home can be a complex and time-consuming process. Even before you make the ‘big decisions’ about which property to buy, which home loan to select, or which Real Estate agent you engage to sell your home, there are many other important decisions you will need to make. Doing some homework can help you avoid expensive mistakes.