Finding that perfect home is not an easy task, but with the right tools, education and guidance, buying your next home can be a seamless and rewarding process.
STEP ONE : GETTING STARTED
Your first step when buying a new home is to define the features and ammenities that are most important to you. Start by asking yourself why you want to purchase a new home? Answering this question will help you determine the features in a home that you desire.
Next, create a list of features that will help you profile your desired home. Be specific. Consider the characteristics of a property that are condusive to your current lifestyle, such as location, neighbourhood, amenities, and style of home.
Determine your “Dealbreakers” – the items you absolutely need such as number of bedrooms, bathrooms, adequate space and function. What’s left on your list will now become your “Motivators” – the additional features of a home that would be ideal but not necessary. These items will help inspire and influence your search and final decision.
STEP TWO: GET PRE-APPROVED
Now that you know what you want, it’s time to figure out what you can afford. Don’t be intimidated. Getting pre-approved with a mortgage company just means that a lender has reviewed your credit history, verified your assets and employment, and has approved your loan before you’ve found a home to purchase.
Being pre-approved means you will not only know the exact price range you can afford, but you’ll also be able to negotiate a better deal and move more quickly when you see a house you like.
Mortgage pre-approval also gives buyers substantial leverage: sellers see you as a serious buyer and will entertain your offer with higher regard. Depending on current market conditions, a seller may lean towards an unconditional offer, so you’ll have less negotiating power if you have to wait for mortgage approval.
Banks and financial institutions have developed many programs catered specifically to home buyers. Once you review your needs and objectives with a lending agent, you’ll be one step closer to purchasing your new home.
STEP THREE : LET US HELP YOU
Now that you know what you want and what you can afford, let us help you find your next home. Buying a home is one of the most important purchases of a lifetime, so having a seasoned professional at your side will save you time, money and make the process of purchasing a new home a beneficial and rewarding experience.
Having lived and worked in Vancouver for many years, we are familiar with the neighbourhoods, amenities and property values to help guide your search. Together, we will discuss all of your individual goals and needs and create a plan for purchasing your new home.
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WE WOULD LOVE TO SIT DOWN AND TALK ABOUT YOUR REAL ESTATE NEEDS. GIVE US A CALL AND START YOUR HOME SEARCH TODAY! 604.767.1468
What people are saying about WE Group
“I am writing to express my pleasure with real estate agent Sharman Wieser, who represented me in my recent sale and purchase of a condominium. Sharman guided me through the entire process, from loan prequalification to searching for apartment to making the offer and closing the sale.”
– Gabriella Moro