Top 3 tips for first-time buyers

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Buying your first home is one the most exciting yet stressful times in your life. If you are in the process of looking for a home or even just entertaining the idea of it, we have 3 key tips for you, as a first-time buyer.

  1. Buy off-plan

Buying off-plan is an option that is becoming more popular with potential homeowners. While difficult to contemplate at first, the benefits of purchasing off-plan include avoiding transfer duty as a prime reason, saving you a large fee. Purchasing directly from a developer allows you to be a part of the bigger picture when it comes to the process at hand. Watch your home being built from the ground up and envision your future in a prime location. An additional benefit of purchasing off-plan is the advantage of securing a bond and only contributing towards it once transfer of your home is taken. This allows you some time to consider your financial planning. Save up while you wait and prepare yourself for the time ahead. Having sight of that helps you with perspective and preparation as a first-time buyer which can sometimes be tremendously overwhelming.  Off-plan purchases will result in a ready-to-move-in home that does not require additional work, which often plagues first-time buyers when factors like costly restoration comes into play.

  1. Research

Ensure you conduct the necessary research required before purchasing. It is of utmost importance to understand the developers that you purchase from; how they work and how their projects have turned out to give you peace of mind on your future home. International Housing Solutions (IHS) is a leading developer and is pioneering the affordable, green housing market and energy conscious choices when considering developments, as these have become in-demand in achieving sustainable lifestyles for the property market. IHS have created projects like Mason Arbour Town that have taken this approach to creating green lifestyle and becoming EDGE-certified. Another aspect of research involves understanding what the hidden costs may be when purchasing off-plan. Contact your conveyancer or sales agent to talk through these steps in detail, so nothing comes as a surprise!

  1. Consider location for lifestyle

Your home’s geographical location is an important one to consider when purchasing your first home. If you are purchasing for your little family, factors like schools and recreational facilities might be necessary to consider beforehand. Mason Arbour Town is situated in an area that hosts a range of family-focused amenities that are located within a close range, ensuring an enthralling lifestyle that is suited to a first-time buyer. Within the estate, Mason Arbour Town boasts a secure gated community where you can also enjoy life near the poolside or with family time in the kid’s play area.

No matter where you choose to purchase, ensure that you have a sense of security when it comes to what you truly want out of your first home.