Buying your first home is an exciting milestone, but it can also feel overwhelming—especially in a competitive market like Porirua. From financing to final settlement, understanding the process can make all the difference. Here are five key things every first-home buyer should know before getting started.
1. Get Pre-Approved Early
Before attending open homes, speak with a lender or mortgage broker to get pre-approved. This gives you a clear budget and shows sellers you’re serious when it’s time to make an offer.
2. Understand the True Costs
It’s not just the purchase price. Make sure you budget for:
- Building and LIM reports
- Solicitor fees
- Moving costs
- Insurance
Being prepared avoids surprises later.
3. Research the Neighbourhood
Spend time in the area you’re considering. Visit at different times of day, check transport links, schools, local shops, and future developments that could impact value.
4. Don’t Skip the Building Report
Even newer homes can have hidden issues. A professional building inspection can save you thousands and gives peace of mind before you commit.
5. Ask Questions
No question is a silly one. A good real estate agent will guide you through each step and explain everything clearly—especially if it’s your first purchase.
Thinking about buying your first home? Our team is happy to help guide you through the process and connect you with trusted local professionals.