I've been looking for the perfect home for a while.But after a few years of waiting, I finally found it.I knew I wanted a two-bedroom, two-bathroom home, with an attached garage, that was located near the river.I also knew I needed a backyard.So I put down my deposit, and in December of 2015, I walked into the Realtor's office in the River Oaks section of San Francisco.He was so happy to see me.I ...
Get ready for the biggest house-buying frenzy in Australia’s history.
The country is in the midst of the biggest construction boom in decades and is expected to hit $3.5 trillion in construction by the end of 2020.
With that amount of money, many will be moving into their own houses as well as renting out their properties.
Here’s how to get a new home.
Find an Affordable Place to Live First, consider a safe, affordable place to live.
It will cost you less to buy a house than to rent an apartment.
Get a Homeowner’s Certificate If you can, get a home owner’s certificate from your local government, which will give you a home ownership license.
Make the Decision You want to buy and then buy a home.
Make sure you’re ready for that step.
Read our tips on buying a house in Vietnam.
Get more stories from Australia in the VICE Australia series: The first step is to get your mortgage approved.
A home buyer’s certificate allows you to buy your home and build up your equity.
Your mortgage lender will then need to sign off on your home purchase.
Get the Homeowners’ Certificate Your first step should be to find an affordable place.
The cheapest place to buy is in Sydney’s inner-west.
It’s a great option if you have good connections to local property owners.
Your home should be built around your interests, such as your income, commute, and pets.
Make your decision on a location with good amenities such as parks, green space, a lake, or even a pool.
Check with your mortgage provider to see if there are any restrictions.
If you’re a first-time buyer, it might be worth getting an appraisal first.
Find a house you can afford and get an appraisal done.
Make a list of your current costs and your savings.
Your savings will allow you to afford a house without moving into your own property.
Once you’ve identified the house you’re interested in, get your appraisal done to make sure you can make the purchase.
Find out how to do this at your local real estate agent.
Get an Approved Realtor Once you’re satisfied you can handle a mortgage, your lender should approve your home for sale.
They’ll send you a form confirming the appraisal and a list price.
If your home is priced below $1 million, you’ll need to go through a separate application process.
You can also apply to the Treasurer’s office to get approval.
If it’s not approved, your mortgage lender can revoke your home’s approval.
Read about how to revoke your mortgage.
If approved, you can buy your new home from a licensed real estate broker.
Read on to find out how.
2-4 people can buy a $1.6 million house in Melbourne.
Read a story from Australia’s most expensive property market.
You’ll need: an affordable home, a mortgage and the right application for your needs.
Check out our guide to buying in Melbourne for more information.
3-4 homes in Sydney can be bought for $1m each.
Read stories from Sydney’s most popular places to buy in the Sydney Morning Herald and Sydney Morning Telegraph.
Find your best deal: Get a mortgage or a homeowner’s certificate.
If the mortgage is approved, the real estate lender will pay off the mortgage and give you your property back.
If not, you may have to pay the full amount.
Read this guide to finding a home buyer.
Get your appraisal and home owner licence from your mortgage broker.
You’re ready to buy now.
Find more in our guide on the top 10 biggest house prices in Australia.
Read More 3.
Find Your Interest The house you want should be attractive to you.
A good place to start is by looking at your existing home.
Look at the size of your yard, the size and layout of the rooms, and how it’s decorated.
Check the amenities such a swimming pool, fitness centre, or gym.
Make an appointment to find your ideal home.
It should be near a train station, shopping centre, park, and open space.
It shouldn’t have any major construction or maintenance issues.
The best time to search for a house is before a big holiday season.
Check our advice on how to buy before you go on holiday.
Get yourself a rental or buy a property to make the transition easier.
Make certain you can meet the terms and conditions for a rental agreement.
Once your home has been approved, make a home purchase in your preferred time of year.
The price you pay will determine how much you’ll pay to rent your home.
Read the advice on buying in Australia for more tips.
Get Your Home On the Move Now is the time to buy if you’re planning to move out of your home by Christmas.
If that’s the case, you should have some money to buy an apartment or a house.
Find the right apartment