Still feeling bitter about a property you’ve missed out on in the past? Don’t be discouraged or let the missed opportunity keep you from house hunting. Instead, prepare a strategic, well-researched plan of attack to guide you as you re-engage with the property market. To start, it’s highly advised to establish a solid rapport with your mortgage broker and get pre-approved for a loan. You can also take the time to understand how much of a deposit you would need to put down. This will allow you to get very realistic about your wants and expectations.
With the clarity, you can begin doing your research. Narrow down your options by limiting yourself to no more than three primary and three secondary suburbs. You and your buyers agent can then spend time studying the market and even driving to your property of interest at different times to monitor the traffic. All of this will really help you understand the true value of your property. For the full checklist on the things you should do as a Melbourne house-hunter, head to AllHomes.