Top tips for first time buyers (part 2)

For a first time buyer, it is always important to work with an experienced agent who has been operating in the area of your choice for some time.

It is also important to be honest about your budget and needs so as to ensure that you buy a property that fits with this. Be conservative and rather buy below your means.

Lastly, make sure you buy the best that you can possibly afford. In real estate, we say, buy the worst house on the best street because this will mean that over the years your capital appreciation will be built up by all the other properties in the area and neighbourhood.

Buying a property is a big decision with significant financial consequences, so be sure to do it right.