PHOTO: Before you can hammer a sold sign into the ground, there’s lots to be done to reach your home-buying goal.(ABC Life: Luke Tribe)
Buying a home can be a daunting and difficult process — especially if you’ve never done it before.
Before you even get to the point of purchase, there are important conversations to have if you’re buying with someone else, paperwork to get in order, professionals to see and money to save.
Whether you’re steadily working towards buying your first place or simply curious about what it takes, we’ve pulled together a guide to highlight what’s ahead to help you avoid or overcome common stumbling blocks.
Saving a deposit and understanding what’s ahead
If you’re planning to buy in the next year or so, this timeline outlines what you could be doing 12, six and three months out to make it happen.
It includes speaking to a mortgage broker (here’s some tips on how to find one you trust), and setting a realistic savings goal — with a time frame that you can stick to.
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