Plenty of us are waiting with bated breath for housing prices to drop, but if you really want to buy a house in 2022, you’ll have to do a lot more than wait. Instead, you’ll need to start doing your homework.

1. Improve your debt-to-income (DTI) ratio.

If you’re looking at a 2022 purchase, there’s ample time to make sure your credit score is as high as possible.

2. Save for more than just a down payment.

Skip the name brands and go no-frills for awhile. Cut unnecessary spending. After all, buying a house is just the beginning; maintaining a house requires a different budget altogether.

3. Shop for bonds.

The next step is to get the very best offer possible for bond rates and terms, and the best way to do this is to start shopping around for bonds. Get a pre-approved bond with the best interest rates at the best bank now.

4. Choose an agent who knows your future neighborhood.

Last, but not least, you should get a professional real estate agent on your side. This can be a bit like dating; you may kiss some frogs before you find the perfect match. Once you’ve got the right agent in your corner, it’s just a matter of time before moving into your dream home becomes a reality.

Buying or selling a property – we’ve got your back! Our Conveyancing Department has earned the reputation of being one of SA’s best!

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