Buying your first home can be a daunting task, especially if you are in a new area or don’t know much about the process. Luckily there are many professionals out there who can supply advice and information for first home buyers.
Three professionals first home buyers need on their team
A good financial advisor or mortgage broker
Unless you can afford to buy outright with cash, the chances are you will need a mortgage. A good advisor will be able to find you a good deal on a mortgage and also be able to advise you on other options for financing your purchase such as government-approved loans or using KiwiSaver. If you can get pre-approval on your finance this may make you more attractive to vendors.
A good lawyer
Once you have found a potential property, there are a number of things you need to do before you go unconditional on a contract. A lawyer will be able to carry out some of these tasks for you and can also go over your contract before you sign to ensure there is nothing remiss.
Your lawyer will also be responsible for transferring the funds when you are ready to buy.
A building inspector
Before you commit to going unconditional you should ensure there are no hidden issues with the property you are about to buy. A professional building inspection can help to clarify any issues.
Choose an experienced building inspector who has the right tools and knows what to look for rather than choosing a general builder for the job.
If the inspection finds no problems, you can carry on with peace of mind. If issues are raised you can choose to either pull out of the sale, or negotiate for any repairs to be carried out before the sale is complete or for a negotiation on price to enable you to carry out repairs yourself.
InnoHome can provide crucial information for first home buyers about the state of their potential new property
When you have found the property you think is right for you, InnoHome can carry out a full pre-purchase home inspection for you.
As an experienced inspector, Kevin knows exactly what to look for. Our inspections cause minimal disruption to the property and the current owners. We provide written reports with detailed information for first home buyers on the state of the property.
Our inspection includes a thorough check of both the exterior and interior of the property including:
- Site: including ground clearance and drainage
- Subfloor: including workmanship and materials, plumbing and electrical work and any alterations
- Roof: including clearance of claddings, age and type of roof and its current state
- Roof space: including materials and workmanship, wiring and plumbing and any leaks
- Exterior: including cladding, flashings, penetrations, joinery.
- Exterior windows and doors: including wear and tear and maintenance
- Interiors: including maintenance, alterations and wear and tear
We also carry out non-invasive moisture testing to ensure the building is not suffering from leaks or damp.
If you would like to organise a pre-purchase inspection with us, please get in touch.