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Even though our plan was not to purchase a place for at least a year or so – at least this is what we agreed was feasible with our savings – we still felt like it was important to start exploring the market.
We started heading out to Saturday inspections, and by ‘we’ I mean me and Mum. Jordan really enjoys spending his weekends on the golf course… that feels worth highlighting.
Honestly, I was pretty surprised by the variance in terms of the quality of the houses we looked at within our price range. But it was comforting getting out there and seeing what was in the market. It reaffirmed our intention to purchase something older, something that we could eventually fix up later down the line when we were better set up financially. It also assured me that the kinds of things that were mandatory for us were available within our budget.
Even though our plan was not to purchase a place for at least a year or so, we still felt like it was important to start exploring the market.
Since we always knew that moving into the property down the line was a real possibility, we really liked the idea of finding a house that we could make our own. Better yet, we liked the idea of finding a house we could one day make into a home.
The number one thing that stood out during this part of the process was how important it was to get out there and do some ground work. It wasn’t until we saw what was out there that we were really sure what we were getting ourselves into.
Plus, don’t be afraid to use your network for advice. The fact that I could always ask people at work questions while I undertook my research really helped give us the insights we needed to find the best property to suit our needs and nail down exactly what we were looking for. Doing our own research also helped make us more discerning. Because we knew what different price points could get us around the area, we felt prepared to be practical and level-headed investors when the time came.
Little did we know though that the time was going to come a lot sooner than we expected.
Once you understand what you can afford, it’s important to get out into the market and explore the reality of what’s available. Don’t forget, ING DIRECT has home loan specialists available from 8am-8pm Monday through Friday and from 9am-5pm on Saturday to answer any questions you may have along the way.
Whilst Sam is an ING DIRECT employee, these are her own views as an ING DIRECT customer Testimonials appearing on this site are individual experiences of customers that have used our products and/or services. We do not guarantee that they are typical results that consumers will generally achieve. Testimonials are not necessarily representative of all those who will use our products and/or services. A Pre-approval is not a final or formal loan approval. A pre-approval is simply an indication of your ability to borrow funds based on the information provided.
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