To help you make smart decisions, it’s important to think with your head and not your heart. Here are some tips for being home smart when you’re in the market to buy.
Remember to include legal fees, land transfer tax, mortgage insurance and utility hookups in your total cost. Know the costs of a home inspection and home appraisal or survey. Moving costs can vary based on volume, distance and whether you hire a professional mover.
Make your offer conditional on mortgage financing, a home inspection, the sale of your existing home, and/or other factors that are important to you. These conditions provide you important protection as a buyer.
Ask your real estate representative to look into the age and condition of the home’s systems, such as the plumbing and electrical. Find out if proper permits were pulled for any renovations. Consider a home inspection to further examine the home and don’t hesitate to ask questions.
Does your closing date on your new home align with when you need to move out of your existing home? Have a contingency plan in place in case the dates don’t match up.
Above all, working with a registered real estate professional will help you navigate the many steps and decisions involved in the home buying process.
REALTORS® are experienced in everything you need to know and do when buying a home.
The Canadian Real Estate Association has developed a Homebuyers' Road Map to help you through the process
Buying a home is one of the most exciting – and important – moments of your life. Your home is not just the roof over your head, where you live, eat, sleep, play, and raise a family; it’s also one of the most important investments you’ll ever make. Whether this is your first purchase or you are an experienced buyer, this decision must be made carefully.
Experienced home buyers know that there’s more to look for than a good neighbourhood and a sturdy foundation. They shop with their hearts, their heads – and with the expert advice of a real estate professional. Before you get caught up in the excitement of searching for the perfect home, make sure you hire a Real Estate Professional with your best interests in the forefront, someone who will go the extra mile for you.
You can expect your Royal LePage Realtor to:
In other words, we will commit to making your home buying experience go as smoothly and successfully as possible.