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Moving On Up: 3 Tips for Second Time Buyers

30th October, 2018
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As John Lennon once famously put it, “Life is what happens when you’re busy making other plans.” Whether you’ve bid goodbye to carefree singledom and have embraced the joys (ahem) of family life, or a newly empty nester, chances are that you’re now in the market for your second home. As a leading estate agency in Malta, the team at Frank Salt Real Estate shares a few tips for second time buyers.

1. Don’t Sell Your Current Home Too Quickly

Out with the old, in with the new indeed – but all good things come to those who wait… and who have good backup plans. Nowadays the property market is one of the most fast-paced out there, so there’s always a risk of your purchase falling through. See if there are any potential buyers out there who would be willing to let you rent your old home for a few months, rent a furnished apartment or move in with some (very patient) friends and family while you explore all the options out there. An experienced estate agency in Malta will be able to guide you through the whole process.

2. Save, Save, Save

Very often, second time buyers end up having to rent for a while until their second property is finished or until they have found a new home that fulfills all their needs and wants. Avoid that 3 am nightmare of finding yourself having to move into a cardboard box by setting up a savings account from Day One.

3. Get A Real Estate Agent

Nothing facilitates the house hunting process more easily than an experienced and knowledgeable estate agent. Think of them as the Yoda to your Padawan, the Dumbledore to your Harry Potter, the Gandalf to your Frodo. A good agent will stay in touch even after you finalise your purchase, and will be your advocate (and a shoulder to cry on) throughout the entire buying experience.

If You’re Thinking of Buying a Second Property, Frank Salt Real Estate is at Your Service!

Second time buyers: fret not; contact us today and we’ll set you up with one of our expert agents who will guide you through the process of buying your second home. Find your dream home or apartment with the help of Frank Salt Real Estate – leading independent estate agency in Malta!

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