Before purchasing a property, consider factors such as location, budget, future property value trends, and your long-term goals. Assess the local amenities, transport links, and the overall community vibe. It's also crucial to review the property's condition, any potential repair costs, and to get a professional home inspection to avoid unexpected expenses.

Determining the value of a property involves looking at comparable recent sales in the area, understanding the local market trends, and considering the property's unique features such as size, condition, and amenities. Engaging a professional appraiser or working with an experienced real estate agent can provide a detailed and accurate valuation based on these factors.

The home buying process typically starts with obtaining pre-approval for a mortgage to understand your budget. Next, work with a real estate agent to find properties that meet your criteria. Once you choose a property, make an offer and negotiate terms. After the offer is accepted, conduct a home inspection and finalize your mortgage. The final steps are the closing process where you sign all paperwork, and the transaction is completed, leading to the transfer of ownership.