Finding Real Estate - Basic Guidelines
If you are looking at, and planning to purchase some real estate in the South Island of New Zealand there are some basic guidelines that will help you find the best place for you and your family.
Prices have risen greatly in the South Island in recent years, mainly to come into line with the rest of New Zealand.
However there are still amazing deals to be made, particularly if you choose a place in a smaller town.
Even in Christchurch or Dunedin you'll be able to get more for your dollar than say in Wellington or Auckland.
Like any home or land purchase it's really important that you don't rush into anything.
Spend time learning about the local market and do some research on where you might like to live.
Find out about local amenities, and what sort of community you'll be living in.
If you aren't sure, you might want to rent in the area first to experience it firsthand.
Knowing how much money you have is the key.
If you find the perfect place and haven't finalised your finances yet, make sure you make anything you sign conditional on finance so you're covered.
However it's best to start with a visit to your bank or lending institution as then you know how much you've got to use and can look at places in your price bracket.
It can be a good idea to drive around the area you are looking at with an agent, asking them to show you various places of interest.
If you are not living in the area, it's a good idea to visit if you can.
At the very least, ask for a video of the home, and the area, and use the internet to help research the area and the recent patterns of buying and selling real estate in the South Island of New Zealand.
It is normal to try and purchase the house for less than the listed asking price, and then move into negotiations.
You may need to move from the initial offer, so leave some funds aside to do so.
It's not advisable to go in with your best offer first.
If you are looking at real estate in the South Island of New Zealand there is one other important factor - you need to fall in love with what you buy.
This is a large and important purchase, and you need to be happy with what you get.
Prices have risen greatly in the South Island in recent years, mainly to come into line with the rest of New Zealand.
However there are still amazing deals to be made, particularly if you choose a place in a smaller town.
Even in Christchurch or Dunedin you'll be able to get more for your dollar than say in Wellington or Auckland.
Like any home or land purchase it's really important that you don't rush into anything.
Spend time learning about the local market and do some research on where you might like to live.
Find out about local amenities, and what sort of community you'll be living in.
If you aren't sure, you might want to rent in the area first to experience it firsthand.
Knowing how much money you have is the key.
If you find the perfect place and haven't finalised your finances yet, make sure you make anything you sign conditional on finance so you're covered.
However it's best to start with a visit to your bank or lending institution as then you know how much you've got to use and can look at places in your price bracket.
It can be a good idea to drive around the area you are looking at with an agent, asking them to show you various places of interest.
If you are not living in the area, it's a good idea to visit if you can.
At the very least, ask for a video of the home, and the area, and use the internet to help research the area and the recent patterns of buying and selling real estate in the South Island of New Zealand.
It is normal to try and purchase the house for less than the listed asking price, and then move into negotiations.
You may need to move from the initial offer, so leave some funds aside to do so.
It's not advisable to go in with your best offer first.
If you are looking at real estate in the South Island of New Zealand there is one other important factor - you need to fall in love with what you buy.
This is a large and important purchase, and you need to be happy with what you get.
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