Buying a home can go wrong. Real estate disasters are rarely talked about, but there are plenty of nasty stories out there. Trust me.
The best way to avoid common real estate pitfalls is to follow a process and a checklist. A process helps you remember what needs to be done at the different steps in the purchasing process. Checklists make sure you don’t forget anything. You may be thinking clearly now, but house buying can get emotional.
Trying to predict future scenarios that may upset your potential home is tough. On top of that, financial and time pressures can lead to bad decision-making.
Consider what can go wrong when buying a home; ask yourself “Will I want to renovate? What is the land zoned for? Will I have the income and financial security sustain my repayments? The list of considerations goes on! And that’s not including any of the challenges when buying from overseas!
You can avoid many of the problems by following the 8 steps below! That’s why GTODD LAW have put together this handy infographic to outline buying a home in New Zealand. This process has been developed through years of experiences in helping residential buyers.