✓ Become familiar with the relevant real estate advertising web portals and register so that you can receive email alerts
✓ Check with lender regarding minimum floor area requirements if buying an apartment
✓ Check what concessions apply in your situation e.g. stamp duty, first home owner grants, pensioner concession etc
✓ Always register your interest on a property via email to the selling agent. This will ensure it doesn’t sell without you being notified
✓ Do your figures taking into account legal costs, stamp duty, pest and building inspections, lender’s mortgage insurance and bank application fees etc
✓ See an accountant or financial planner to discuss which entity the property will be purchased in. e.g. personal name/s, trust, SMSF, company
Sound preparation will lead to a successful outcome!
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