First time home buyers

 

Preparing to buy your first home can feel pretty overwhelming. The key to finding a happy home as a property virgin in Hamilton is working with an expert that can guide you through the process from start to finish.

I’ve gathered a list of important steps, tips, and questions to consider to get you started as a first time home buyer.

  • Have your financing in order before you get started.
  • Work out your monthly expenses and create a budget
  • How much work do you want to do? Are you looking for a turnkey home or something you want to renovate and make your own?
  • Have a wish list of features you’d like, want, and need.
  • Consider what neighbourhood you want to live in and what style of home you’re looking for.
  • Make your purchase an investment by buying in an up-and-coming area.
  • If you’re looking for a townhome, middle units are less expensive than the end units.
  • Expect to pay condo fees in addition to your mortgage, condo maintenance fees are not negotiable and will likely increase over time.
  • Plan a second visit to do a walk through with fresh eyes.
  • Have a home inspection done before purchasing to check for any issues with the property.
  • Don’t impulse buy or overspend.
  • Are there any repairs that need to be done? You can request that they are completed before closing or offer a reduced price.
  • Is the home styled in a way that is timeless or is it a trendy style that could look outdated in 5 years?

Start searching for your dream home!

Contact me to find your first home.


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