Questions You Must Ask when Buying or Selling Your Home
Announcement posted by Smartline Rockingham 31 Jul 2013
Mortgage Brokers serving Baldivis, Rockingham and Kwinana reveal the most important questions for buyers and sellers to ask before moving.
Rockingham, WA, July 31, 2013 - The Mortgage Gallery Rockingham (TMGR) helps provide home loans in the Rockingham, Baldivis and Kwinana areas. They often find themselves in the position of brokering simultaneous mortgages when a family or individual buys one home and sells another--at the same time.
Due to their position, they have become experts in the mechanics of both buying and selling properties. They have seen a lot of transactions result in positive outcomes; unfortunately, they have also seen many transactions return negative outcomes.
Consequently, The Mortgage Gallery Rockingham has provided its customers and various vendors with a series of questions to ask themselves when buying or selling a property.
Ideally, the best transaction for a person buying and selling homes simultaneously is when they make money on the house they sell, save money on the house they buy, and love the home they move into. Usually, though, in the interest of fairness, ethical buyers and agents attempt to provide a solution where both parties involved in a single transaction--the buyer and seller--are satisfied with the price and the terms.
While many people feel that money should always be the main consideration when buying or selling a home, prospective homeowners are looking for more than just a “good deal” when buying a home. The people at TMGR know this and have come up with a series of recommendations that can help a buyer or seller determine whether or not they should proceed with the transaction or look at another option.
According to TMGR, prospective buyers should always ask themselves--first and foremost--if they can afford the property they are thinking of buying. Buying a property that one cannot afford is the most common mistake made by homebuyers which can result in default.
Another question to ask is whether or not they really want the property they are thinking of buying. Many people move out of boredom. The thought of “moving up” somewhat gives energy but eventually, they find that they aren't happy with their decision.
TMGR also recommends that prospective buyers investigate how a home was priced and how long it has been on the market. Other factors, such as why the seller is selling are also recommended.
For sellers, TMGR recommends the same question: Making sure they really want to sell their current homes. They also recommend investigating and knowing the full costs of selling the home. This includes stamp duty, agent's commission and any finance charges that may be incurred.
Justin Smith, Principal of The Mortgage Gallery Rockingham, always recommends doing one's “due diligence” when buying or selling a house. He said, “We not only like to see a successful transaction, but we like to see our clients happy with their decisions and we like to see them succeed financially.”
Smith continued, “One of our favourite situations is when a former client comes in to buy another home and tells us how much they enjoyed the one that we helped them buy. We feel that if a buyer or seller has enough information before they actually make a move, they will be a lot happier with the results.”
Smith concluded, “A little bit of caution goes a long way, but once you select the right home, it's full speed ahead.”
The Mortgage Gallery Rockingham brokers home loans in the Baldivis, Kwinana and Rockingham areas. For more information, call (08) 9527 1800 or visit their website: http://www.themortgagegalleryrockingham.com.au/.
Due to their position, they have become experts in the mechanics of both buying and selling properties. They have seen a lot of transactions result in positive outcomes; unfortunately, they have also seen many transactions return negative outcomes.
Consequently, The Mortgage Gallery Rockingham has provided its customers and various vendors with a series of questions to ask themselves when buying or selling a property.
Ideally, the best transaction for a person buying and selling homes simultaneously is when they make money on the house they sell, save money on the house they buy, and love the home they move into. Usually, though, in the interest of fairness, ethical buyers and agents attempt to provide a solution where both parties involved in a single transaction--the buyer and seller--are satisfied with the price and the terms.
While many people feel that money should always be the main consideration when buying or selling a home, prospective homeowners are looking for more than just a “good deal” when buying a home. The people at TMGR know this and have come up with a series of recommendations that can help a buyer or seller determine whether or not they should proceed with the transaction or look at another option.
According to TMGR, prospective buyers should always ask themselves--first and foremost--if they can afford the property they are thinking of buying. Buying a property that one cannot afford is the most common mistake made by homebuyers which can result in default.
Another question to ask is whether or not they really want the property they are thinking of buying. Many people move out of boredom. The thought of “moving up” somewhat gives energy but eventually, they find that they aren't happy with their decision.
TMGR also recommends that prospective buyers investigate how a home was priced and how long it has been on the market. Other factors, such as why the seller is selling are also recommended.
For sellers, TMGR recommends the same question: Making sure they really want to sell their current homes. They also recommend investigating and knowing the full costs of selling the home. This includes stamp duty, agent's commission and any finance charges that may be incurred.
Justin Smith, Principal of The Mortgage Gallery Rockingham, always recommends doing one's “due diligence” when buying or selling a house. He said, “We not only like to see a successful transaction, but we like to see our clients happy with their decisions and we like to see them succeed financially.”
Smith continued, “One of our favourite situations is when a former client comes in to buy another home and tells us how much they enjoyed the one that we helped them buy. We feel that if a buyer or seller has enough information before they actually make a move, they will be a lot happier with the results.”
Smith concluded, “A little bit of caution goes a long way, but once you select the right home, it's full speed ahead.”
The Mortgage Gallery Rockingham brokers home loans in the Baldivis, Kwinana and Rockingham areas. For more information, call (08) 9527 1800 or visit their website: http://www.themortgagegalleryrockingham.com.au/.