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Introduction
Legal and Negotiation Processes
Preparation and Planning
Settlement and Post-Purchase
The Market and Compliance
Viewing and Inspecting Properties

01.
 
How To Use The Step Guides
02.
 
Buyer Introduction
03.
 
Your Current Scenario
04.
 
Understanding Real Estate Market Dynamics and Influences
05.
 
Assessing the Benefits of Owning vs. Renting
06.
 
Assessing Your Readiness and Financial Planning for Homeownership
07.
 
Establishing a Budget for Property Purchase
08.
 
Deciding to Work With A Mortgage or Financial Adviser
09.
 
Deciding on Whether to Proceed with Home Buying
10.
 
Analysing Financial Capacity for a Mortgage in New Zealand
11.
 
Getting Pre-Approved for a Mortgage
12.
 
Proceeding As a Cash Buyer
13.
 
Consider Utilising a Home Buying Service
14.
 
Attending Property Seminars and Workshops
15.
 
Exploring Various Mortgage Options in New Zealand
16.
 
Property Sale Types in New Zealand
17.
 
Anti Money Laundering Rules and Regulations
18.
 
Determining Long-Term Goals and Future Plans for Property Buying
19.
 
Costs Associated with Buying a Property
20.
 
Creating a List of Must-Haves and Nice-to-Haves
21.
 
Potential Purchasing Partners for Property Buying
22.
 
Researching the Housing Market in Your Desired Area
23.
 
Avoiding Pricing Pitfalls: A Guide to Transparency in New Zealand’s Property Market
24.
 
Location and Commuting
25.
 
Understanding Property Taxes in New Zealand
26.
 
How to Compare The Values of Similar Properties
27.
 
Exploring Property Listings and Conducting Online Research for Buying Property

28.
 
Interacting with Real Estate Agents
29.
 
Arranging Private Viewings of Properties
30.
 
Arranging Professional Property Inspections
31.
 
Guide to Attending Open Homes and Viewing Properties
32.
 
Seeking Comprehensive Legal Advice Before Making an Offer
33.
 
Choosing the Right Conveyancing Lawyer when Buying Property
34.
 
Understanding Legal Obligations and Rights as a Buyer
35.
 
Considering Community Amenities and Infrastructure
36.
 
Conditional Offers Versus Unconditional Offers
37.
 
Formulating an Offer Strategy
38.
 
Buying a Property at Auction
39.
 
Auction Bidding Services: Expert Representation for Your Property Purchase
40.
 
Buyer First Mover Advantage Offer Strategy
41.
 
Engaging in Negotiation of Purchase Terms
42.
 
Ensuring Compliance with Agreement Conditions When Buying Property
43.
 
Discussing Agreement Details with Your Legal Advisor
44.
 
Undertaking a Geotechnical Report
45.
 
Reviewing Property Inspection Reports for Potential Issues
46.
 
Requesting and Analysing a LIM Report
47.
 
Requesting and Analysing a PIM Report
48.
 
Things to Do During Due Diligence Period to Prepare for Move
49.
 
Advantages and Disadvantages of Using a Moving Company
50.
 
Organising Home and Contents Insurance
51.
 
Settlement Day Procedures
52.
 
How to Deal With Settlement Delays in Property Transactions
53.
 
Planning Interior Layout and Design
54.
 
Settling In and Post Purchase Steps
55.
 
Purchasing Necessary Furniture and Appliances
56.
 
Tools and Services To Help Manage Your Property & Finances Post Purchase
57.
 
Re-evaluating Your Budget Three Months Post-Property Settlement

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Buy / Step 27 of 57

Exploring Property Listings and Conducting Online Research for Buying Property

Jumping into property listings and all that comes with them

New Zealand's property market is as dynamic and varied as the beautiful landscapes that define this nation. Diving into this market requires a keen eye and solid research to make the most of your investment. Understanding how to navigate online property listings and conduct thorough research is paramount.

Embarking on your property buying journey begins with exploring listings. These listings are a treasure trove of information, providing key details such as price, location, size and features of the properties available.

Decoding Listing Language

Property listings come with their own jargon. Terms like 'RV' (Rateable Value), 'LIM' (Land Information Memorandum) and 'CV' (Council Valuation) are common in New Zealand real estate. Familiarise yourself with these terms to fully understand what each listing is offering. We have a full glossary available here.

Once you've identified potential properties, the next natural step to reaching out to real estate agents.

Asking the Right Questions

Prepare questions before contacting agents. Inquire about the history of the property, the vendor’s reasons for selling, any known issues and negotiation possibilities regarding price.

Establishing Relationships

Building rapport with agents can lead to more detailed information about listings and insider knowledge on upcoming properties not yet listed.

After thorough online research comes the physical inspection.

Checklist Creation

Create a checklist based on your online findings to inspect during viewings – this ensures you don't overlook important details when you’re on site.

Scheduling Viewings

Arrange viewings at different times of day to get a sense of natural light exposure and neighbourhood dynamics throughout the day.

Finally, narrow down your choices using all the information gathered from listings, research and viewings.

Comparing Options

Weigh up all options side-by-side considering factors such as price, location, potential risks and personal preferences.

Seeking Expert Advice

Before making an offer, seek advice from experts like property inspectors or investment advisors who can provide further insights into your chosen properties.



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