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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.
 
Attending Property Seminars and Workshops
14.
 
Exploring Various Mortgage Options in New Zealand
15.
 
Property Sale Types in New Zealand
16.
 
Anti Money Laundering Rules and Regulations
17.
 
Determining Long-Term Goals and Future Plans for Property Buying
18.
 
Costs Associated with Buying a Property
19.
 
Creating a List of Must-Haves and Nice-to-Haves
20.
 
Potential Purchasing Partners for Property Buying
21.
 
Researching the Housing Market in Your Desired Area
22.
 
Location and Commuting
23.
 
Understanding Property Taxes in New Zealand
24.
 
How to Compare The Values of Similar Properties
25.
 
Exploring Property Listings and Conducting Online Research for Buying Property
26.
 
Interacting with Real Estate Agents
27.
 
Arranging Private Viewings of Properties
28.
 
Guide to Attending Open Homes and Viewing Properties

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

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Buy / Step 28 of 54

Guide to Attending Open Homes and Viewing Properties

Your property viewing checklist

Attending open homes and viewing properties is a critical to finding the best house to make your home. This is your chance to assess potential homes, up close and personal. This comprehensive guide will walk you through the essentials, ensuring that you leave no stone unturned during your property inspections.

Once inside, remain vigilant about both cosmetic details and structural aspects. Look for any immediate red flags such as dampness or mould, which could suggest deeper issues.

Layout and Flow

Consider how the space feels as you move through it. Is there a natural flow between rooms? Are there enough bedrooms and living spaces to meet your needs? Is there sufficient storage space? Visualise your daily routine within this environment to gauge its suitability.

Outdoor areas contribute significantly to lifestyle quality.

Decking and Entertaining Areas

Inspect decking for stability and maintenance needs. Consider how much work outdoor entertaining areas might require before they're ready for use.

Garden Maintenance Level

Evaluate whether gardens are well-kept or if they'll need extensive work – this can impact both lifestyle enjoyment and resale value later on.

Once you have your list of potential homes and scheduled visits, arm yourself with your property viewing tools. Prepare a checklist of what you're looking for in a property, including your non-negotiables and nice-to-haves. Also, ensure you have a notepad or digital device to take notes and consider bringing a camera to capture details that you might want to review later.

As you approach a property, take note of its curb appeal. Assess the condition of the driveway, fencing and landscaping. These elements can give you insights into how well-maintained the property is.

Structural Integrity

Examine the exterior walls for any signs of cracks or weathering. Check if the roof appears new or if there are any missing tiles that could indicate potential leaks or damage.

When attending open homes, there are several key features that require your attention:

Walls and Ceilings

Search for any indications of dampness or cracks. Discolouration or bubbling paint can be signs of moisture problems that may need addressing.

Flooring

Inspect carpets for wear and tear or unpleasant odours that might necessitate replacement. If there's hardwood flooring, check for scratches or warping.

Windows and Doors

Open and close all windows and doors to ensure they function properly. Look out for drafts or difficulty in operation which could imply poor installation or ageing frames.

Kitchen Evaluation

The kitchen is often considered the heart of the home. Check that all appliances are in working order and examine countertops and cabinetry for damage or excessive wear.

Bathroom Inspection

In bathrooms, look for functional taps, good water pressure and effective drainage. Mould around seals can be cleaned but may also point to ventilation issues.

Plumbing and Electrical Systems

Assessing these systems can sometimes be overlooked but is crucial:

Plumbing Health Check

Check under sinks for leaks or water damage. Flush toilets to see if they run properly, and don't hesitate to turn on taps to test water pressure.

Electrical Safety

Take note of where power outlets are located and whether they appear modern or outdated. Flick light switches on and off to confirm they're operational.

New Zealand's climate varies greatly so it is important that your potential new home has what it takes to keep you warm and dry.

Temperature Control

Ask about heating systems installed in the home – whether it's a heat pump, wood burner or central heating – and test them if possible.

Insulation Check-up

Inquire about insulation in walls and ceilings because well-insulated homes are more energy-efficient, translating into lower power bills.

Adequate storage space is often undervalued until it’s too late.

Storage Solutions

Look out for built-in wardrobes, hall closets, attic space or a shed which provide essential storage options.

Parking Provisions

Check whether there's off-street parking available – garages or carports add convenience as well as security for vehicles.

Reflect on Visits: Revisit your notes from each viewing while everything is still fresh in your mind. Use this reflection to compare the pros and cons of each property.

Seek Professional Advice: Engage a trusted real estate agent or property inspector to assess the condition of the home and provide expert guidance.

Consider Future Needs: Think ahead to your future plans – will the property meet your needs in the long run or will you need to make costly renovations or move again?

Don't rush into a decision. Take the time to weigh all factors and consider your options carefully before making an offer.


By following these steps and being thorough in your evaluation process, you can increase your chances of finding a home that meets both your current and future needs.

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