Tips-A2Z: The best tips on (Property) Buying

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All | Discussion (0)Buying (General)

Owner-building: save money, cut pollution, and create an intelligent machine: it makes power, treats sewerage, collects and reuses water, and gives you food. Then you only need to pay for telecommunications. ^{kellyjones00 (593)}

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Owner-building is much cheaper than buying an established house, if you have the skills. Even better if you're an electrician or plumber (but not an accredited builder). ^{kellyjones00 (593)}

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Land: the most important are aspect, soil structure, and drainage. Also check the council office for any building restrictions. ^{kellyjones00 (593)}

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Sometimes it is better to rent. If you have to take out a big loan to buy a property, you will effectively be paying rent to the bank for a great many years. ^[guest]

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If you have the opportunity, buy a house that needs painting for $20,000 less rather than buy a freshly painted house for $20,000 more. That is, don't pay the earth for a coat of paint. ^[guest]

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Property prices rarely reflect functionality but what other properties in the area are selling for. Do you really want to pay for, e.g. ostentatious design, fitting-in, etc.? ^{kellyjones00 (593)}

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