THE slowdown in South Africa's residential property price growth provides an ideal opportunity for potential home buyers to get a foot on the property ladder.

But to take full advantage of this opportunity, consumers need to empower themselves with information to guide them on how to make the best possible investment decision.

Jenny Rushin, provincial sales manager at bond originator Ooba, says as the economy recovers confidence will return to bricks and mortar investments.

But Rushin emphasised the importance of location.

She says always research an area thoroughly and consider the following when purchasing property:

• Always look at the surrounding areas - what sort of infrastructure exists, how good or bad is the security of the area?
• Ensure that you are comfortable with the commute to work and the distance that you will travel on the road each day.
• Try to purchase property in a good school district. This advice applies even if you don't have school-age children. When it is time to sell, strong school districts are often a top priority for many home buyers, thus helping to boost property values.
• Always be on the lookout for facilities that can create unwanted noise or disturbances in the area.

The second consideration is the budget, Rushin says.

"Calculate how much you can actually afford," she says.

"Potential buyers should start their search online. Property websites which list nationwide properties that are for sale will prove to be very useful."

She says choosing the right mortgage is paramount.

"Though banks have recently eased their lending criteria and will consider 100percent home loans, a deposit will increase your chances of your home loan being approved at a favourable rate."

Consider the following structural aspects before purchasing a house:

• Look at patent defects that include wall cracks, sagging gutters, broken windows, missing tiles and the like. It is a buyer's duty to acquaint themselves with the general condition of the property.
• Water pressure and geyser condition.
• Approved plans for all alterations. It is imperative that you consult the local municipality on whether all buildings on the property you intend to invest in are approved and fall within building lines.

"Ensure that you do adequate research on the prices of recent sales in the area and current property market conditions before you make an offer to purchase," the sales manager says.