Give Yourself The Gift Of Homeownership

Buying a first home is an exciting undertaking, though for some it can be difficult to know what approach to take.

In keeping with the time of year, first home buyers might find it helpful to pretend as if they are looking for that perfect Christmas gift - only for themselves.

Firstly, like any gift you give, it is important to have a budget in mind. This will help narrow the selection to things you can afford and thus save you time.

A how much can I borrow calculator can give you an idea of your borrowing capacity based on your income and expenses.

When you start looking at properties, do as you normally would when buying a present for someone you really care about. Have a look at all your options, compare pro’s and con’s, and most importantly, think about how much the person will like it and cherish it for years to come.

After all, that person is you! And you want something of good quality that will last, not a throwaway piece of bric-a-brac.

The time you spend evaluating all the different factors that are important to you will result in a decision you are proud of and a house you love.

It’s up to you to decide whether to wrap your gift - in a new coat of paint!

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.