So you've saved up some money, and you're thinking of buying a home of your own.

Well, there are many things you should be aware of, but below are seven things you should consider now.

  1. Figure out the maximum you can afford.
  2. Get pre-approved by a mortgage broker to determine the amount you can borrow and how much your monthly mortgage will be.
  3. Research government programs which allow you to save money.  If you're a first time buyer, you may also be exempt from paying the BC Property Transfer Tax.
  4. Research the various communities.
  5. Enlist the services of an experienced full time REALTOR® to help make the process easier and save you money.
  6. Save money for essentials such as closing costs, furniture, painting, movers.
  7. Think about how long you'll stay, how much your home will increase in value over that period, and how much home equity you will build.

Looking for a good REALTOR® to walk you through the buying process and negotiate on your behalf?   Contact Us today