Embark on the Journey of Home ownership:
Your Dream Home Awaits!

Buying a house is a significant step that requires time, effort, and financial commitment. However, with the correct guidelines, it can be a straightforward and enjoyable process filled with excitement and anticipation.

 Step 1: The Decision to Purchase a House 

The journey begins with the decision to buy a house. This decision is one of the most impactful choices you’ll make, offering long-term financial benefits and personal satisfaction. Home ownership is a crucial step toward building long-term wealth and securing a valuable investment.

 Step 2: Get Pre-Qualified for a Bond 

Before you start house hunting, it’s important to get pre-qualified for a bond (mortgage). This will give you an idea of how much you can afford and show sellers that you are a serious buyer. You can approach various banks or use a bond originator to assist you in securing the best interest rate.

 Step 3: Choose an Agent 

 Selecting the right property developer is vital. A trustworthy property developer like Kiron Properties will:

• Educate you about the current market.

• Analyse your needs and preferences.

• Direct you to properties that match your needs and financial plan.

• Ensure all paperwork and deadlines are handled properly.

• Resolve any issues that occur during this buying a house process.

Seek referrals from friends and family, and interview several agents to find the one you feel most comfortable with and trust.

 Step 4: Find Your Home 

This is the most exciting part of the buying a house process. Your agent will help you identify the perfect development that meet your criteria and budget. Take into account factors like location, size, amenities, and potential future resale value. Visit several property developments and imagine yourself living there to determine which home best suits your needs.

 Step 5: Make an Offer 

Once you find the perfect home in one of our developments, the next step in the buying a house process is to make an offer. Since our developments have set prices, your agent will guide you through the offer process, ensuring you understand all the details. The offer to purchase (OTP) includes:

• Conditions (such as subject to bond approval or sale of another property)

• Deposit

• Occupational rent (if applicable)

Your agent will assist in finalising the offer and ensuring all necessary paperwork is in order.

 Step 6: Bond Application and Approval 

Once your offer is accepted, you need to formally apply for a bond. Your bank or bond originator will submit your application to various lenders to secure the best terms. The bank will conduct a property valuation before granting final approval.

 Step 7: Carry Out Due Diligence and Close 

Before finalising the purchase, conduct due diligence. Your agent should provide a seller declaration form detailing any known defects. You may also want to get a professional home inspection to identify any potential issues. This ensures you’re fully aware of the property’s condition before signing the closing papers.

Once due diligence is complete, you can proceed to the closing stage. This involves:

1. Signing the Deed of Sale: The buyer and seller sign the deed of sale (the offer to purchase).

2. Transferring Ownership: A conveyancer (property lawyer) will handle the transfer of ownership, which includes ensuring all legal and financial obligations are met.

3. Paying Transfer Costs: These include transfer duties, conveyancing fees, and other related costs.

4. Registering the Property: The conveyancer registers the property in your name at the Deeds Office.

 Step 8: Move In 

Once the property is registered in your name, you can move in and begin enjoying your new home.

 Why Choose Kiron Properties? 

At Kiron Properties, we prioritize exceptional service and attention to detail, ensuring your home-buying experience is smooth and enjoyable. Our team is dedicated to helping you navigate the buying a house process and find the perfect home that meets your needs and budget.

For more information on the house purchasing process, do not hesitate to contact Kiron Properties for any assistance.

Start your journey to home ownership with us, Kiron Properties, where your dream home awaits!