Buying your first home is an exciting time. It can also seem complex and confusing. First home buyers (FHBs) often find themselves dealing with financial and legal processes outside their experience to date.
Regardless of whether your first foray into property is a small bolthole that removes you from the rental treadmill, an investment property or a family home, the process to purchase is much the same. Before you take the leap into property you should have done your homework and created a budget, minimised credit card usage, been saving hard, paid your bills on time and researched the property market.
So what other steps will you need to tick off your list when you leap off the precipice into the world of property ownership?