Better

BUYERS' TIPS

Be A BETTER Buyer... Know What You Want!

PLAN OF ACTION

  • WHERE DO YOU WANT TO LIVE?

Will you need to commute? Do you need access to public transit? How much will commuting cost?  Are there schools nearby? How will your children get there?

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  • WHAT TYPE OF HOME DO YOU PREFER?

Single-family detached? Single-family semi-detached? Duplexes? Row houses (townhouses)? OR condominium?

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  • PICK THE RIGHT NEIGHBOURHOOD

Even if the home is right, the neighbourhood could be wrong! Be sure to research nearby schools, even if you don’t have children. That could affect home value. Look at local safety items. Map the nearest hospital, pharmacy, grocery store and other amenities you’ll use.  Drive through the neighbourhood on various days and at different times to check out traffic, noise and activity levels.

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NOW, TRULY ENVISION YOURSELF IN THE HOME:

  • STICK TO YOUR BUDGET

Look at properties that cost less than the amount for which you were approved. Although you can technically afford your pre-approval amount, it’s the ceiling, and an approved amount doesn’t account for other monthly expenses or problems that can arise during home ownership.

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  • COMMUNICATE CLEARLY

Tell us exactly what you are looking for so we can best help you find your dream home! The more specific you can be, the more we can be helpful in your home search.

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  • UTILIZE THE OPPORTUNITY TO NEGOTIATE

Negotiation in the home buying process can result in major savings to the buyer. Are there any major repairs you can get the seller to cover?

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  • BE SYSTEMATIC IN YOUR APPROACH

Make sure you understand the process for purchasing a home. Review the home-buying process, timing of a purchase, funds that will be needed and the current market circumstances. Always review the documents that will be used in the purchasing process.

Better Rate Realty can help with that too!

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