When your idea of a dream home entails building on from the ground up, naturally, you’ll start by making an offer on a piece of land for sale in Melbourne West. Build a house from scratch afford you the rare chance of customising it to fit your unique needs. There’s also an off chance that you might even save a considerable chunk of money in the process. For the best results, you need to take a few proactive measures.
Delve deep into the research
If you’re going to sink a significant portion of your life’s earning into buying a home, then you might as well err on the side of caution. Otherwise, you might wake up to some nasty surprises that could suck the joy right out of the homeowning dream. Imagine how disappointing and frustrating it would be if after building your forever house, a neighbour decides to knock down their home.
They have been approved to put up rental units, and the construction process commences immediately. Given that you can’t afford to move, you have to grit your teeth through all the din and dust. Doing your due diligence could have informed you of areas building code as well as the regulation.
Question the asking price
Realtors are in the business of helping owners dispose of their properties and in return, they get paid a commission for their efforts. To this end, it is in the best interests to set high asking prices on their listing. You can’t hold their need for a fat pay day against them, but you don’t have to facilitate it either.
Carry out independent research to establish the price of similar properties in the region. Doing so could shave off tens of thousands of dollars from the set price. Having credible information lets you negotiate from the point of knowledge and can often snag you a great deal.
The last thing you want is to walk into a real estate deal completely unprepared. Doing so places you at the mercies of the sellers, and you could be saddled with a higher price tag than necessary.
