Home Buying Tips
Purchasing your first home can be one of the most nerve-wracking experiences, however, it is also one of the most rewarding feelings you can have! Read on to learn more about our tips on home buying.
1. Start your journey off by speaking with a mortgage professional. They will help you with you pre-approval and give you your home budget on what you can afford.
2. Calculate your overall budget. This should include all the extra costs it will take to run your home. Utilities, internet, cable, insurance, condo fees, and most importantly savings for the future.
3. Find your BEST mortgage rate. Take the time to shop around and get the best rate that will work for you!
4. Look at the qualifying programs such as RRSP Home Buyers Plan or the First Time Home Buyer Incentive. These programs are made to work for you!
5. Create your home wish list. Bedrooms, bathrooms, outdoor space, and anything else you find most important to you!
6. Research the quadrant or community that you would like to live in. Keep in mind your lifestyle and what would add value to your day to day activities.
7. Buy when you find the best home for YOU are the right price for YOU. At times, when buying a new home focus can be placed on waiting for the market and the lowest rate. Remember, that the right time is when you find the right house at the right price.
Have more questions about home buying tips? Our Q Team is always here to help you! Come on by for a visit.
