THINGS TO CONSIDER WHEN BUYING A HOME

Sunday, 27 January 2013

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Buying a new home can be both exciting and stressful at the same time.  In this post, I share the top four things you must keep in mind when searching for your dream home. 

1. KNOW WHAT YOU CAN AFFORD - Get pre-approved before you start searching for a new home. This is an assurance from the lender of the amount you will be able to borrow. 

2. FIND YOUR DREAM HOME - Have a clear idea of what you're after. Write down your wish list-this can include maximum price, location, number of bedrooms, number of bathrooms etc. Before you buy a house, try your commute to work during rush hour. Learn about the area including potential for new roads and development. Look at property while raining to see how water flows across it.

CHOOSING THE RIGHT REALTOR

Sunday, 27 January 2013

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With so many realtors to choose from, how do you know which realtor is the right fit for you and your family.  Following are the top 10 things to look when making your choice. 

1. GO WITH THE PRO - The term realtor identifies a real estate professional who is a member of the CANADIAN REAL ESTATE ASSOCIATION of realtors and subscribes to its strict code of ethics. 

2. EXPERIENCE COUNTS - Ask how long they've been licensed and how long they've worked in the area. 

3. GET REFERRALS - Past clients are often a good source of reference. Get as many details as possible about their buying or selling experience. Choose a sales associate who has built a reputation, has testamonials and a good track record. If your selling, look for sold signs in the neighborhood.