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TEN TIPS TO AVOID PROPERTY PITFALLS
 Chris Gray
TEN TIPS TO AVOID PROPERTY PITFALLS
1_Do your research Know what you’re really buying and what it’s really worth.
2_Choose your area carefully Is it attractive to other buyers and tenants - close to water, work, leisure and transport?
3_Don’t buy on price alone Buy the right property at the right price. Don’t buy the cheapest property in the cheapest area.
4_Use a professional valuer Avoid an emotional purchase at a price you might later regret.
5_Assess demand Buy in an area with limited available land but plenty of buyer and rental demand.
6_Set your buffer Have an emergency cash buffer so you can meet your loan repayments if interest rates rise.
7_Get pre-approval Sort out your finance before you start searching for property.
8_Set your strategy Have a clear investment plan in place, so you’re always focussed on the bigger picture.
9_Pay for expertise Use professionals who can provide real guidance and remove the fear from your decision process.
10_Buy well Focus on buying well in the first place, it will save you thousands.
 Go For Your Life by Chris Gray: Read more here!
We hope these tips are useful. If you want more help to make a successful
property purchase, why not let Empire handle the whole thing for you?
telephone 02 9994 8944 or email info@yourempire.com.au
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