What not to compromise on in your property search. Ray Ellis talks to Sue Williams, Sydney Morning Herald

Read full article on SMH.com.au here

The first thing buyers should never compromise on is budget, advises First National Real Estate chief executive Ray Ellis. 

“The purpose of your home is to help you lead a better life,” he said. “So if the purchase ends up affecting your financial health, and you’re worrying about every mortgage payment, then it is never worth it. That’s especially if you’re unable to keep up and are forced to sell it, and then make a big loss.”