Are you looking to buy?
It’s become a complex market for buyers today.
If you are in the market to buy, it’s best that you have all of your ducks in a row before you start your search for a new home. Things move pretty quick and it can be a very emotional experience. Now more than ever you need a trusted team that can guide you and take on the emotional burden to ensure that your decisions are clear and in your best interest.
If you want to chat for an hour or four, one of our team members would be happy to schedule a meeting in person, by video conference or by phone.
“It’s more than a house, it’s your home. Let’s find something perfect together.”
Our real estate market is fast and competitive.
You need to have everything in place so when you find a home you like, the sale can go through quickly, and without problems. Getting pre-approval is essential as it helps you determine your budget and what type of mortgage is right for you. It also guarantees you the best interest rate available to you for a specified period of time.
Pre-approval is key. It involves a review of your finances, including your credit report. If there are problems or errors on your credit file, and this does happen, they will need to be addressed. Even if your credit is less than perfect, you can get a mortgage through an alternative lender, but you want to know all of this before you attempt to buy.
It will be hard to find a house that has everything you want.
Expect to do some improvements to make it your home and budget accordingly.
To get started, research the market and identify the areas that you would like to look at. Write a list of the “must-haves” for your home. Make a second list of your “would-be-nice-to-haves”. These lists should include the size, age or style of the home and naturally, the price. Think about how you live and what makes you comfortable.
This is why your “must-have” list is so important. First, consider the neighbourhood. You will have to live in that neighbourhood for many years to come and even if it is a “developing” area it may not develop until years later. Can you live with that? Chances are you are better off buying a less expensive home in a better neighbourhood. You can always improve it while you are living there, but you can’t change the neighbourhood.