What to do if you are a Buyer in 2010
publication date: Dec 30, 2009
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author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
What to do if you are a Buyer in 2010
Here are Kate's Top Five Property Buying Tips for 2010:- 1. Make sure you have your finances in order and as much money for a deposit as possible. 2. Don't automatically fix your mortgage - seek professional and varied advice from an Independent Financial Advisor, a Mortgage Broker as well as your bank. 3. Don't rely on the internet to find a home. It's a good research tool, but you must visit and get on with local agents while property stocks are so low. Also take a walk around the area - even put a note through a home you really like! 4. Try to get a 10%+ discount on the REAL value of the property. If it's been up for sale for more than six months it's likely to be overpriced or something is wrong with the property. 5. Take your time. Buying the right home is an incredibly difficult task. Don't be bullied into making offers or rush into buying. Consider offers on new builds - especially if the company's year end is February or March! NEED HELP FROM THE DESIGNS ON PROPERTY EXPERTS? Email enquiries@designsonproperty.co.uk for a one of our FREE Property Checklists. Do you have a property question? GET AN INDEPENDENT ANSWER! ASK US via our PROPERTY FORUM, email enquiries@designsonproperty.co.uk or call 0845 838 1763.
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