Buying a home or investment property which suits your needs and lifestyle can often be the most difficult and daunting tasks imaginable. Not only are you choosing your dwelling place you are most likely investing a large portion of your assets into this venture. The more prepared you are at the outset the less overwhelming and chaotic the buying process will be. To assist you in your search, we have compiled a useful checklist of tips so you can make an intelligent and informed decision.

1. Keep in close contact with your personal financier making sure arrangements are made to secure the best loan for your specific needs along with a pre approval amount which you can borrow.

2. Know what you want. Become familiar with what it is you are looking for – making a list of preferred area, streets and surroundings. To secure your dream consider affordability, accommodation requirements – know your limits and expectations.

3. Do the research & groundwork before you buy. Research the sales in your preferred area, attend as many auctions, open houses and inspect as many properties as you can - this will give you a better feel for the market and you will know exactly what your money can buy. Log onto us at conias.com.au or other award winning national websites – realestate.com.au or domain.com .au – check out the latest listings & sold properties.

4. Build a rapport with your Conias Residential Agent using their knowledge and make the most of their informed advice. Discuss your wish list and develop a strong relationship with an agent who will provide you with new listing information prior to the commencement of an advertising campaign.

5. When you find a property that meets all your needs ensure you have a solicitor or conveyancer you can trust and have your agent send a copy of the sales contract to them.

6. Arrange for a thorough inspection – organize both a building and pest inspection. Before making an offer be aware of any defects or major pest issues.

7. Collate the results of the building and pest inspections and make an informed decision – listen to any advice from your solicitor or conveyancer. If everything is satisfactory make an offer.

8. When negotiations have reached their final stage, you will be required to sign the contract and arrange for the payment of the deposit.

9. The time between exchange of contracts and settlement should be used wisely. Arrange for architects, builders, designers to make their assessments. Your agent can arrange reasonable access with the vendor.

10. Prior to final settlement your solicitor or conveyancer will request that you conduct a final inspection. Take this opportunity to ensure that the property and inclusions are in the same state as they were during your previous inspection.