Top 5 considerations when buying a property


Determine what type of property best suits your needs

There are many options to consider when deciding which type of property is right for you. Perhaps a traditional single-family home is your style? Or an investment townhouse, apartment or duplex or you may even want to buy land and build a brand new home. Each option has its pros and cons, and what matters ultimately is what you want and need in your property. Knowing this will help you make the perfect purchase.


What specific features will your ideal property have?

While it’s good to retain some flexibility in this list, buying a property is a major purchase decision and you deserve to have something as close as possible to your requirements. Identify what you need in a property now and what you may need in a few years. For example, have you got a growing family or elderly parents and need more space or are you after a passive income stream from your property with lifestyle benefits.


How much mortgage do you qualify for?

It is important to know what your budget is for buying a property. Sometimes what you think and what the bank thinks are completely different.  You may think you can afford a $1,000,000 home, but lenders may think you’re only good for $750,000.  Lenders consider factors such as – current interest rates, how much other debt you have, your monthly income and how long you’ve been at your current job.


“What You Can Borrow & What You Can Afford Are Two Different Things – It’s Important to Know the Difference”


How much can you actually afford?

On the other hand, sometimes a lender will give you a loan for more than you really want to pay. Carefully consider what you deem to be affordable. Maybe you can pay a large mortgage now, but what happens when you have two more kids, or if interest rates rise. You may also prefer to have spare money for holidays and other luxuries, rather than everything going on your mortgage.


Who will help you find a home and guide you through the purchase?

A real estate agent will help you locate properties that meet your needs and are in your price range, and arrange an inspection of these properties. Once you’ve chosen a property to buy, these professionals can assist you in negotiating the entire purchase process, including making an offer, getting a loan, and completing paperwork. The team  at RAY Real Estate have expertise that can protect you from any pitfalls you might encounter during the process.

Best of luck in your buying journey!

Beach walking

Glen did a great job with handing all aspects of my sale. I chose him because of his and his agency's long history, contacts and knowledge of the area and he did not disappoint with a comprehensive marketing strategy pulling in and negotiating with a large number of interested buyers. Would recommend.

Darren Kingscliff February 10, 2021

Casuarina beach

I would not hesitate in recommending Glen for selling or buying a home. Glen is an excellent communicator, has strong local market knowledge and achieved an excellent price for our house.

Steve and Anne Kingscliff February 10, 2021


We had a remarkably smooth sale through Ray's Real Estate with Glen. Glen was very efficient and negotiated a new record price for us in super fast time. In tune with today, everything was done via email or phone. This was the easiest sale I have negotiated, of which, I have done many in Australia

Kathy and Mark Kingscliff February 10, 2021

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Glen and team did a fantastic job selling our investment property in Kingscliff. Despite the challenges posed by lockdown in the Tweed, he managed to get an outstanding price for the property. His knowledge of the local market and great negotiation style were key to achieving this. Highly recommended!

Simone and Peter October 8, 2021

Casuarina beach seat

Working with Glen was an absolute pleasure, he made the whole transaction feel like a breeze, was prompt, precise and supportive throughout.

Tim Casuarina February 10, 2021

Couple lazing on beach

Glen has been extremely helpful throughout our purchase process, especially considering we were buying from interstate. He's been very accommodating, quick to respond to questions and very easy to deal with.

John and Claire Kingscliff February 10, 2021


Glen is knowledgable and proactive in achieving the result we wanted. He went over and above what I would have expected. Great Service.

Narelle Kingscliff February 10, 2021

Just wanted to say thank you for selling our home. You made the process easy and stress free.

Steve & Mandy June 25, 2015

Kudo's to Ray Real Estate - gave them the difficult task to sell  within 6 weeks and find us a smaller place. Happy to say the sale went through and living in a Kingscliff apartment. Thank you.

Robert Casuarina June 25, 2015