A First Time Home Buyers Guide to the Blue Mountains

Blue Mountain Village

Blue Mountain Village

Buying a home in the Blue Mountains

Buying a first home in the Blue Mountains can be a daunting experience. Whether you are looking for a house, a condo, or a property to build your home, there are so many factors that will influence your decision.

Budget, financing, location, property type, property restrictions, and market factors are just a few of the things buyers will be faced with when searching for their dream home. The Blue Mountain Property team is here to help you get through the process as easily as possible, and find you the perfect property.

Here are some quick tips for first time homebuyers in the Blue Mountains.

Refine your budget

To get started, it’s important to know what your budget is as this will influence which properties you look at, and how much financing you may require.

There are a lot of things to consider when looking at your budget, not just the price of the listing. In addition there are property taxes, home maintenance costs, strata fees, and emergency funds. Be sure to factor in everything you can think of into your budget.

Financing

Once you’ve done your calculations and understand your budget, the next step of the process is financing. At Blue Mountain Property, we always advise our clients to get pre-approved for a mortgage, as this will make the process much faster and smoother.

Discuss your options with Matthew Lidbetter in order to meet your short and long-term real estate goals. We work with a number of local mortgage brokers and can point you in the right direction when it comes to securing financing.

Finding a property

After you have nailed down your budget and financing you can start looking for potential properties. It is always important to keep an open mind through every aspect of the search.

Whether you are looking for a specific location, or property type, know that there are more options out there and talk to Matthew about the best decision to match your goals.

One of the best tips we can offer for this stage of the buying process is to make a list of your needs vs. wants, this way you can narrow down the search to best match your must-have requirements.

The buying process

This is where a Realtor really comes in – the buying process. Matthew will negotiate the best offer for you and ensure that all the paperwork and necessary inspections have been carried out.

As a company, Blue Mountain Property’s aim is to make the process as easy and stress-free as possible for our clients. We are here to find the perfect Blue Mountain property for you so you can become a long-time local!

Get in touch for more information on buying your first Blue Mountains property.