A Few Tips for Buyers

A Few Tips for Buyers

 

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    Choose a Realtor you are comfortable with, someone who is honest, trustworthy and understands your needs and wants. 
  • Before you look, you should decide your needs and wants. Get your Realtor’s advice. 
  • Get Pre-Approved for a mortgage. Know how much you can afford. 
  • Stick to your budget. “You still want to go out for dinner and movie sometime.”
  • Before you look get your documentation ready for your Mortgage: T4’s, Letter of Employment, Proof of Down Payment (your Mortgage Representative will let you know what you need). 
  • Make sure that you know how much the home is worth. You usually pay too much. 
  • Avoid getting into a bidding war. You usually pay too much. 
  • Don’t be overwhelmed by the owner’s décor or furniture. Imagine your own furniture there. 
  • Look at the features of a home, even if it needs a coat of paint, it may still suit your needs.
  • Location! Location! Location! 
  • Decide what area you want to live in. 
  • Decide if you want to be close to work, school, buses, etcetera. 
  • Get the home inspected by a “Professional Home Inspector.” 
  • If you’re renting, you may be able to buy a home and don’t realize it. Get in touch with a Mortgage Representative and see if you qualify for a mortgage. 
  • Get a Lawyer. A referral from family, friends or your Real Estate Sales Representative.