8 Steps To Buying Your Dream Home

Here are the steps you need to know to turn your home buying dream into reality…

1. Research: Start by researching the housing market and determining your budget. Look at listings online and visit open houses to get a sense of what is available and what you can afford. Consider factors like location, size, and condition of the property, as well as the type of mortgage that is right for you. We can help you, visit our listings here and follow us on instagram here.

2. Pre-approval: Get pre-approved for a mortgage before you start looking at houses. This will give you a better idea of your budget and what you can afford. Pre-approval involves submitting a mortgage application to a lender, who will review your financial information and credit history. If you are pre-approved, the lender will provide you with a letter stating the maximum amount that they are willing to lend you.

3. Make an offer: Once you’ve found a house you want to buy, you’ll need to make an offer to the seller. This typically involves putting down a deposit and agreeing on a purchase price. You may also need to provide proof of your pre-approval letter to the seller.

4. Contract of sale: After your offer is accepted, you’ll need to sign a contract of sale. This is a legally binding document that outlines the terms of the sale, including the purchase price, the closing date, and any contingencies. Contingencies are conditions that must be met before the sale can be completed. For example, you may include a contingency that states that the sale is contingent on the property passing a building inspection.

5. Conveyancing: You’ll need to hire a conveyancer or lawyer to handle the legal aspects of the sale. They will:

  • Review the contract of sale: The conveyancer will review the contract of sale to ensure that it is fair and accurate, and that it reflects your negotiations with the seller. They will also explain the terms of the contract to you, so that you understand your rights and obligations.
  • Conduct searches: The conveyancer will conduct searches to ensure that the property is clear of any liens or encumbrances. This includes searching the title of the property to make sure that it is owned by the seller, and checking for any outstanding mortgages or debts that might be attached to the property.
  • Transfer the title: The conveyancer will handle the transfer of the title of the property into your name. This involves preparing and lodging the necessary paperwork with the appropriate government agency.
  • Coordinate with other parties: The conveyancer will coordinate with the seller’s conveyancer, the lender, and any other parties involved in the sale to ensure that everything is moving forward as planned.
  • Advise you: The conveyancer will provide you with advice and assistance throughout the conveyancing process, and will answer any questions you may have.

6. Pre-settlement inspections: You may want to hire a building inspector to conduct a pre-settlement inspection of the property. This will help ensure that the house is in good condition and that there are no unexpected issues. The inspector will look for things like structural problems, plumbing and electrical issues, and pests.

7. Closing: On the closing date, you’ll need to pay the remaining balance of the purchase price, as well as any closing costs and fees. You’ll also need to transfer the title of the property into your name. Closing costs can include things like stamp duty (a tax on the transfer of property), legal fees, and lender fees.

8. Receiving the keys: Once all of these steps are complete, you’ll receive the keys to your new home! You’ll be able to move in and start enjoying your new home.


We’re here to help you every step of the way!  Contact us to discuss if you’re looking for your dream property and view what our previous clients have to say about us here.