Purchasers Guide

Purchasing your first property should be one of the most exciting experiences in your life.

Purchasing Things to Consider

Step One

Before hitting the Property Press, Trade Me or Real Estate Agent websites it is important to know exactly what price bracket you really can afford to purchase in.

We recommend you get together with an experienced Mortgage Broker and go through the process of obtaining a Pre-Approval of Finance as many of the Banks have different Lending Criteria.

Importantly - remember a Pre-Approval of Finance is not unconditional Finance.
So never make your Agreement for Sale and Purchase unconditional based on having a Pre-Approval for Finance. 

This will clearly identify what price property range you can afford to look in.

Be prepared to work with a budget in addition to your Loan Repayment. There will be other costs to be considered such as:

Insurance both Building and Contents.

Council Rates and possibly Water Rates depending on where you purchase.

Power.

Phone.

Gas.

Including everyday living expenses.

Loan repayments.

Step Two

Now that you have completed Step 1 there will other factors to be considered:

Location to;

Dentist

Doctor

Medical Centre

Hospital

Public Transport

Schools

Daycare Centre

Primary School

Intermediate

High School

Polytechnic Colleges

University

Banks

Traffic Noise - Low - Medium - High

Recreation:

Gym

Library

Swimming pools

Parks

Sports Clubs

Facilities and Amenities:

Shopping Centres

Cinemas

Video Stores

Post office

Restaurants and Cafes

Library

Church

Friends and Relatives

Other

Step Three

You are now ready to define what it is you actually want in the home you are looking for, it could be;

Bathrooms

Bath
Shower recess
Flooring
Tiled/Lino/Other
Extraction fans
Heated Towel Rails
Standard Towel Rails
Vanity
Number of power points
Disability requirements
Drainage

Bedrooms 1 2 3 4

Heating
Heat Pump
Central
Aspects of Windows facing
- North
- South
- East
- West
Built in Wardrobes
Ceiling Fan
Ensuite

Floors

Carpets
Floorboards
Lino
Other

Electrical

Number of power points
Smoke Detectors
TV connections
Sky
Free to Air
Phone/Internet connection

Storage

Kitchen

Oven - Gas/Electric
Rangehood
Cook top - Gas/Electric
Phone/Internet connection
Number of power points
Number of cupboards/storage
Dishwasher
Waste Disposal
Flooring - Tile/Lino/Other
Smoke Detectors
Extractor Fan/Rangehood

Living Rooms

Heating
Central
Heat Pump
Fire place/Kent Fire
Smoke Detectors
Phone connection/Computer connection
Aspect of Windows facing
- North
- South
- East
- West
TV connection
Sky/Free to Air
Flooring
Carpet/Timber/Other
Window Dressings
Drapes/Curtains/Blinds/Other
Number of Power points

Laundry

Separate/In garage
Super tub
Storage

Step Four

You have now covered what is required in your home- it's time to start looking.Where do you begin? We recommend you engage the services of the local Real Estate Agents. These Agents generally work and live in the area and surrounds, so they will know the neighbourhood well.

They will work with you to find your ideal home. Be specific and communicate your requirements to your Agent.

Do not be pressured into signing an Agreement for Sale and Purchase we recommend before you sign any documents to consult with your Conveyancing Practitioner to ensure the conditions in the Agreement do reflect your needs.

Here at Property Conveyancing Services we will check the Agreement with no obligation or charge.

We recommend you always contact your Conveyancing Practitioner and request a copy of the Title and any encumbrances.

Contact us toll free by clicking here.

For a no obligation quote to perform your property settlement - click here.

Useful links for First Home  Purchasers

Helping Hand for First Time Home Buyers - NZ Government Welcome Home Scheme