Whether you're a first-time home buyer or a seasoned hand, it can be a stressful time. Keep the stress down by being well organised. Here are some pointers to buying your own home.

Arrange finance

Arrange finance well in advance. We are more than happy to refer you to a well recognised broker or lender should you require.

Choose where to live

Write down the suburbs you'd like to live in (but be realistic about price!). Also think about school zones, transport and how close it is to the things you like to do for relaxation.

Research the cost of property

What are house prices like in the places you want to live? Crockers Market Research can give you answers (just ask any Crockers Sales Consultant for this). Look through as many properties as you can and attend some auctions. You'll soon have a good idea of what to expect to pay.

Get advice from the experts

Develop a relationship with a Crockers Sales Consultant specialising in your preferred suburb. Not only can they give you good advice, they can also alert you to new listings before they are publicised.

Conduct due diligence

Once you find a property you want to buy, read the sale contract carefully, and arrange a Lim report and Building inspection to highlight any major defects. Have your solicitor inspect these documents too.

Investigate body corporate rules

If the property has a body corporate, ask your Consultant for a copy of the body corporate rules.

Considerations when bidding at Auction

If you are bidding at auction, you will need pre-approved finance and will be required to pay a 10% deposit on the day if you win. Final settlement dates are generally around 30 days after the auction.

Considerations when buying by negotiation

If you are buying by negotiation, you will be required to sign the sale contract and pay a 10% deposit. Your deposit will be held in trust until settlement

Remember to complete your pre-settlement inspection

Between the time you agree to buy and settlement day, you can ask for a pre-settlement inspection. This is to ensure that the property is in the same condition as when you last inspected it, and that all the chattels included in the contract are still in place.