How to ace your property purchase
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Loading... - Rebecca Andre Mfongi
- 30 Jan 2023
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Buying a home is a huge step. Getting it right can dramatically improve your lifestyle and financial future. Getting it wrong can leave you regretting the day you ever decided to stop renting.
So, how to ensure you’re making a smart buy? David Jacobs, Gauteng Regional Sales Manager for the Rawson Property Group, shares his insider tips.
Choosing the right neighbourhood
“The area you live in plays a huge role in your ability to enjoy your home. It can also directly affect the value and growth potential of your investment,” says Jacobs. “Since you can’t just pick up and move your property if you don’t like where it’s located, finding a neighbourhood that meets your needs should be the first step of any house hunt.”
Price
Jacobs says the easiest way to narrow your neighbourhood choices is to exclude those that fall outside your affordability.
“The best buys are in neighbourhoods with property prices at your affordability level and higher.”
Amenities
If a neighbourhood is priced right and safe, it’s time to consider its amenities. Does it provide access to the essentials you need for everyday life?
“Make a list of your must-haves, from public transport to good school zones,” says Jacobs. “Remember, a property is a long-term investment, so don’t just think of your needs now. Imagine what you’ll want in five- or ten-years’ time as well.” Read More…
