If you are thinking of purchasing your first property, there are a number of things to consider, including your financial status and personal circumstances. (1) Think about why you want to buy a home Are you buying a place to live in or will it be an investment property? The answer to this question can help determine the kind of loan you apply for and home you buy, depending on your short and long-term plans. (2) Research potential properties and loans Knowing the market is crucial, so sure you conduct some research on the areas you are looking at, check out price trends, as well as auction clearance rates and recent sales. Once you are aware of what you are looking for and the
