Don’t forget closing costs when buying a home Legal fees: In Ontario you are going to need to hire a lawyer to complete the sale of your home. Talk to your lawyer, or potential lawyers for their fees. Also make sure you are clear on what their fee will be, and also what other charges…Details
As a first time home buyer, you have plenty of places to start your home search. Is searching for a home the first thing you should be doing, or are there other things you should be doing first?
Where to start
The internet has made it very easy for people to start searching for a home to buy. Whether you are a first time home buyer, or have already been through the process, the internet has an abundance of information and homes for sale. After all, you did find this searching somewhere!
Should you start looking at listed homes for sale right away, or are there other things you could be doing to prepare for the process? I would suggest you speak to some home owners and find out how the process of buying a home went for them, and what things they would change. Find out what Realtors were used, and who they would recommend, along with mortgage agents, home inspectors and lawyers. Gather information, and interview the people that will be potentially working for you. That’s right. Working for you. You should have the final say. That’s not to say you shouldn’t listen to the professionals you hire to work for you. Just make sure you hire the right people to do the job.
Not all agents, inspectors and lawyers are equal. Just because someone is licenced to do something, doesn’t mean they do it well. After all, just spend a few minutes driving around London and you know what I mean. Hopefully all those drivers have licences.
There are plenty of places to find homes for sale. You can drive around neighbourhoods you like, and look for signs, you can scour Kijiji, classified ads, go to open houses or search the numerous property search sites. All these things can be done with or without the help of a Realtor. Adding a Realtor should streamline the process, and save you time, frustration and money.
Did you know the properties the general public sees online can be 12-48 hours delayed from what Realtors and their clients see? That can be the difference between seeing the house you’d like to buy slip through your fingers, or buying it before that other person was able to get to it first. Don’t kid yourself, if you are interested in purchasing a home, chances are someone else is looking at it too. You need to understand you are in a competition to get their first, ready to buy when the time is right. A Realtor can help you get prepared, and ready to move or walk away from that next home for sale that could the right one.
The Price Real Estate Team has dedicated buyer representatives, and is a trusted resource for first time home buyers, and repeat home buyers alike. Contact The Price Real Estate Team at 519.663.9411 or email firstname.lastname@example.org.