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Top 5 Tips for Buying a Home

Get a foot forward in the process of buying a home with these 5 great tips from an expert.

top five tips for buying a home - lady on a phone in a living room calling the bank

DON’T FORGET! It is the bank that actually pays the mortgage broker’s fees, so it shouldn’t cost you much.

Tip 1
Getting a Mortgage

You are probably more ready than you think!

It is often the case that people are ready to apply for a mortgage far sooner than they actually think!

We here at George and Maguire Properties would strongly urge you to call your bank or mortgage broker and organise a time that you can sit down and talk about your particular situation.

Tip 2
Build Relationships

Who are the players involved?

It is super-important to get to know who your local estate agents are.

You should be able to openly communicate with them about your specific needs and let them know that you are serious about finding a home – they only want to deal with buyers and not tire kickers.

a large hand holding a business card size image of a house

REMEMBER! Your estate agent is ready to help you so have an idea of what you want.

George Properties Valuation with a calculator and a minature house on top

BOX CLEVER! Sometimes, property owners are anxious that their home is on market for too long.

Tip 3
Budgeting & Pricing

Learn to play the game a little!

Once you know your budget look at least 5%-10% above the value. 

Pricing strategies vary with each agent so be sure to ask the agent you are dealing with. It’s always worth placing offer – what’s the worse that could happen?

Tip 4
Viewings

Go and see as many as possible!

You really need to get a good sense of the market- suss out who’s there and the numbers of people interested in the properties. 

Always call to cancel if you can’t make it as you won’t be getting many callbacks if you keep canceling.

Monalin bray wicklow with a for sale sign in the driveway Our Properties

REMEMBER! You can only really get a feel for a property if you see it in person.

CHECK WITH YOUR BANK! Sometimes, a credit transfer takes a few days.

Tip 5
Make Offers

Committing with a solid offer

Show your commitment to the property by making a solid offer – estate agent will dedicate their efforts to you.

Make sure to always show your bank approval and follow up with a confirmation email. If you go sale agreed, the agent will want at least a 3% refundable booking deposit.

Properties for Sale

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