Are you a first home buyer?
Are you looking for your first home?
In this weeks blog we have outlined tips & tricks for first home buyers.
Dowling Mayfield can help you every step of the way.
We have helped hundreds of clients in the Mayfield and surrounding areas and are here to help you with any questions you may have.
Buying, renting or investing in property is a big decision. Knowing that the Mayfield area is right for you is just as important as the property itself.
Median property price in Mayfield NSW 2304
Buy – $395,000.00
Rent – $380.00 per week
If you are a first home buyer, it’s to easy to push yourself beyond your limits when you buy your first home.
It is very important to set realistic financial limits. Working within your budget can be a very exciting and fulfilling experience.
Questions you should ask yourself before you consider getting into the property market:
- What are the hidden costs of buying a home? Can your finances cover them?
- How much will your new home cost you per month above and beyond your mortgage payments? Think about utilities, insurance, home maintenance and other regular costs.
- Do you have a fallback plan in case of a loss of income?
- Can you afford to make current and future repayments on your current income or incomes?
And never let fear or false optimism cloud your judgement!
If you have any questions please do not hesitate to contact our office on 02 4960 0499 or simply email mayfield@dowling.com.au