Is there anything that isn't made easier with a checklist?
If you're in the market to buy - head to the link in my bio - I have the perfect house hunting checklist for you!
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We're going to need to know about more than just your dream home.
So- what exactly does your real estate agent need to know when you first meet them?
- Are you pre-approved for a mortgage?
- Is your deposit money free and clear? Is it available within 24hrs of making an offer?
- Have you chosen a real estate lawyer?
- Who else is part of the decision making process? Are they contributing financially?
- What is your timeline? Do you need to buy or sell by a certain date?
Did we miss any? Let me know in the comments!
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Here are a few things to consider when deciding to buy a home:
What are your needs? These are your absolutely CANNOT live without wishlist items (think proximity to schools or work, number of bedrooms etc.)
What are your wants? These are your nice to have wishlist items (think open concept, large backyard, pool, mainfloor laundry etc.)
Clearly defining these needs and wants will help you down the road.
Brush up on types of home ownership — make sure you know the difference between freehold (it’s all yours), condo (you take care of the inside and pay fees to an association to look after the common areas and maintenance) and co-op (similar to condos but instead of “owning” your unit, you buy shares in the whole building and pay maintenance and repair fees)
Understand the market conditions — supply and demand can change from neighbourhood to neighbourhood, region to region. So, getting to know the market can help you get more bang for your buck. And so can I.
If purchasing a new home is on your 2022 to-do list- make sure you save this post to come back to!
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Purchasing a new home is an exciting chapter in your life. It’s the beginning of a new adventure, but it’s also a huge decision that should not be made lightly.
While you may have found the perfect house for you and your family, it’s important that you make sure the house is truly as great as advertised. Paint colours, cabinets or tiles can be changed rather easily, but some other aspects of the home may not be so easy to change or fix – which is where a pre-purchase home inspection comes in handy.
Would you skip a home inspection? What are your thoughts? Share with me in the comments!
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Comment on Facebook Purchasing a new ...
Absolutely always get a home inspection. On our last home purchase we made a conditional offer on a house, based on the results of the home inspection. The home inspection found used oil tanks and thousands of dollars of remediation work, that the current home owners had no clue about...because they didn't do a home inspection when they purchased a few years earlier. We were 100% ready to buy the house and the home inspection saved us at least $100K in future repairs.
good one!
Thank you to my amazing clients that continue to trust me with their home selling needs.
It is always a pleasure to work with you Chris!
Send me a DM if you are looking at selling your house in this hot, hot market!
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About Me
I strive to provide the best in customer service and as a current resident of London, I know the landscape well.
Selling
Would you like to know how much your property is worth? Need help getting your home ready?
