Home Buying
When you have decided to start looking for a home, the services of a qualified Real Estate Professional are of utmost importance. The ideal Real Estate Professional will have a good working knowledge of overall real estate market conditions and be prepared to deliver a high standard of service to customers. Most importantly, a good Real Estate Professional will save you time and money.
Working With a Real Estate Professional
Licensed Real Esate Professionals are governed by the legal concept of "agency". It is important for you to understand who the Real Estate Professional works for. Ask your Real Estate Professional about "agency."
Obtain a Pre-Approved Mortgage
Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You may also be protected against interest rate increases while you look for your new home. Your Mortgage Specialist will answer your questions and help you determine which financing terms and options are right for you. Ideally, your Real Estate Professional and Mortgage Specialist will work as a team to help you find the right home and select the best financing.
Have the Home Inspected
Buying a home is one of the most important investment decisions you will make in your lifetime. As such it makes sound financial sense to enlist the services of a qualified home inspection company to ensure your home is as solid and secure on the inside as it is on the outside.
For detailed information on buying a home, contact me, Kate Mammen, or visit the Canada Mortgage and Housing Corporation website.