Buying Tips
Finding your perfect home that will suit your personal and financial needs for the years to come is many times a stressful one. Coldwell Banker® First Ottawa Realty and its team of professional sales representatives has one goal – to make your home buying process as smooth as possible.
Getting Started
Before you start looking – ask yourself a few questions.
- Where do you want to live?
- What type of neighbourhood?
- Do you want to be close to schools, shopping, churches, recreation facilities or close to work?
- What kind of house would you like or need?
- Are you looking for a particular style?
- Do you want 2 garages, how many bedrooms and bathrooms?
- Is a main floor family room important to your family?
- Do you want a yard?
- How much can you afford?
- Have you consulted with a real estate representative and a mortgage broker to get pre-qualified?
These are important considerations. Your wants or needs have to match your financial requirements. Finding the right realtor is your first step.
You’ll want to have a team of professionals when buying your home. You decide exactly who is on your team, but there are a few professionals without whom buying a home is nearly impossible. You will need a mortgage, so you’ll have to find a lender. Also, it’s a practical and useful idea to have a lawyer to protect your interests. Finally, you will need a professional realtor to help you find the right home with the right financing.
Why you should work with a real estate Representative?
Working with a professional realtor is a good idea for several reasons:
- They will help you analyze your financial situation to help you determine how much you can afford.
- They can also introduce you to many lenders to get competitive mortgage pre-qualification so you know the price range you are working within to purchase your home.
- They are intimately familiar with the process of buying a home and can explain every aspect to you.
- They can easily access information on all properties listed for sale.
- They can set up appointments for you to see homes that are of interest to you.
- They will help you complete all the necessary paperwork when it comes time to make an offer.
- They will be there to negotiate on your behalf to ensure you are purchasing your perfect home for the best possible price.
- Searching for a home is a time-consuming process. Working with a real estate professional will make the process much more efficient and successful.
A good real estate representative should save you time and trouble. When discussing your needs with a sales representative, be as specific as possible about the kind of home you’re looking for and your price range. If you’re not certain, set aside some time for your representative to help you determine these. He or she will know what is on the market, in which neighbourhoods and at what price, and can save you time by prescreening home listings – screening out the ones that don’t meet your needs or budget. Then he or she can make appointments for you to see the homes that suit you.
A real estate representative can also assist you in making an Offer to Purchase. Real Estate Sales Representatives are aware of current market conditions, what price offers are realistic and what conditions to include in any offers.
