Do you search property websites, wondering whether a particular property could be your dream home? Do you feel like you're wasting money on rent but are confused by the world of real estate-and real estate agents? Relax! This practical guide covers all aspects of buying property, from buying a piece of history to building from scratch to signing on the dotted line.
Work out whether you're ready to buy-find out whether you're ready for the commitment of buying property, financially and psychologically
Focus in on the right property for you-determine your 'must haves' and like to haves', and whether you'll need to make a trade-off between these and your preferred location
Decide what kind of property you want-discover if your best option is to buy off the plan, find an established property or build yourself
Deal with property professionals-cut through real estate agent spin and understand how buyers' agents work
Find the right finance-choose the home loan that suits you and your finances
Negotiate a great deal-move smoothly through the buying and settlement process, whether buying at auction or through private treaty sale
About the Author
Karin Derkley is the former deputy editor of Personal Investor magazine, and continues to write for The Age and AFR Smart Investor magazine. She has also lived through the pleasures and pitfalls of purchasing and renovating her own home.
Part I: The Great Australian Dream.
Chapter 1: Assessing the Dream: Buying Property.
Chapter 2: Squeezing Your Foot onto the Property Ladder.
Chapter 3: The Position or the Property.
Chapter 4: Dealing with Property Professionals.
Part II: Finding Your Dream Home.
Chapter 5: The Search Is On.
Chapter 6: Buying a Piece of History.
Chapter 7: Renovator's Dream (or Nightmare).
Chapter 8: Nice and New.
Chapter 9: Building from Scratch.
Part III: Borrowing For, Buying and Protecting Your Home.
Chapter 10: Climbing Aboard the Mortgage Merry-Go-Round.
Chapter 11: Going, Going, Gone: Buying at Auction.
Chapter 12: Making an Offer: Buying Through a Private
Chapter 13: Sold to the Highest Bidder! Now What?
Part IV: The Part of Tens.
Chapter 14: Ten Things to Remember as a First Home Buyer.
Chapter 15: Ten Areas (Almost!) to Check at Open Homes.