Points To Keep In Mind When Buying A House Without A Realtor

It is not too difficult to skip the services of a realtor when you want to purchase a house

. Most prospective home buyers prefer not to have real estate agents around when they buy property. If you are among those who want to buy a home without an agent, just keep the following points in mind:

Get out there and find a place that is for sale! An agent would have several listings lined up to show you. When you are going solo, you have to do this yourself. Drive around town, if necessary, and collect the contact details of all the houses for sale in Queensland (or whichever area you are interested in). Keep an eye on the classifieds in newspapers. Check real estate sites. Collect and collate all the info that is relevant to you.

Shorten your list, gradually, based on your budget and the prerequisites that you have in mind for your home. Make sure the location is conveniently accessed by all kinds of transportation. Also ensure that all the amenities you need are situated at a convenient, reasonable distance from the house you are planning to buy.

Get total clarity on the price of the property you plan to buy. Get a certified property valuer to evaluate the property. Dont forget to involve a property conveyance to check the legality of the documents and also help you with the transfer of the title deeds of the property. Trying to skip a conveyance may prove costlier to you in the long run than availing the services of one.

Make an appointment with the person who is selling a house in Queensland and find out all you can about the property. Questions like Why are you selling this property? and How safe is this neighborhood for small kids? will get you a lot of information, generally. Try to set up a cordial rapport with the owner. It will help if you decide to finally buy his/her property.

Once you have zeroed in on a property that fulfils all your requirements, negotiate on the price and other things that youd like changed in the contract. Be ready to compromise, but dont hesitate in putting your wishes across either.

Get your lawyer or property conveyance to go through the contract before you sign anything. Make sure that everything that you settled in your negotiations is covered correctly in the contract. Also ensure that you will get possession of the property within a suitable time frame. This too has to be clearly mentioned in the contract.

If you are going solo on this property buying trip, it is a good idea to deal directly with those who are selling house privately. You will save the thousands of dollars commission you would otherwise pay to real estate agents. There are various tools and loads of information on the internet that will ease the process for buyers and sellers worldwide.

When you are looking for property in Australia which is for sale on the market, do visit: www.sellingmyhouse.com.au for a host of tips that will make the journey a smoother, more memorable one.

by: Greg Robins

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