If you are looking into buying a house in NZ then you will absolutely love this guide. On this page I am going to look at a few of the things that you will need to consider when looking into the option of purchasing a property. Most of this information should be considered a long time before you even contemplate looking at your first house.
The first thing that you are going to need to do before you do anything else is to get a source of funds. This is incredibly important. Most people won’t take you very seriously unless you have money in place first. They will just see you as a waste of time if you don’t. There are plenty of ways in which you can obtain the money needed to buy a house in New Zealand. The most popular is through home loans, but you can also look to see if you qualify for any grants that can aid you with the purchase. Once you have your funds in place you can go and hunt for a property.
The next thing that you are going to need to consider is the type of property that you after. You will need to bear a lot in mind here. This includes the location of the property, the size of the property and anything else that you may find useful. I find that drawing a list up of what you wish for in the house is going to be handy. Separate this list into two columns. The first column should list your needs and the second column should list your wants. Remember, it is highly unlikely that you will find a property that includes absolutely everything that you could possibly want.
Now, carry out a bit of research into the buying process. I won’t go into too much depth here of course, because you could write a whole book on the rules and regulations of buying a house in NZ. At this point you can also get in touch with a real estate agent who can help you out. Remember, you will want to ensure that you are comfortable working with this real estate agent. You will want to find one that understands your needs and wants!
Finally, go out and hunt for that property! There are plenty of ways in which you can find what you want. The most popular way is through a real estate agent, but don’t forget that you can also head online and find a property that you want. Remember, there are tons of ‘properties for sale by owner’ out there which will not appear on any estate agent’s lists but they can be found online (try places like TradeMe for this).
Of course, this is very basic information for those that are looking into the idea of buying a house in NZ. I really do suggest that you carry out a bit of research before you dive into your purchase. Remember, this is a pretty big commitment after all.
