First Time Buyers; So you’ve decided to buy a home. Congratulations! It’s one of the biggest landmarks in a person’s life and a great financial decision. However, it can be pretty tricky business. Here’s some advice from one of the leading real estate agents in Seaton Village to make life a little bit easier for you.
Advice from a Real Estate Agent in Seaton Village for first time buyers
1. Do Your Homework if you are first time buyers
This isn’t school anymore; if you don’t do your homework you won’t get a detention – you just won’t get anywhere. Mortgages are pretty difficult to understand, even for those who are good with numbers, so make sure to do your homework to understand exactly what you’re letting yourself in for. It’s a good idea to have a few meetings with different financial advisors to try and find the best deal for you. Etobicoke homes for sale
2. Start Searching
By looking online and talking with real estate agents in Seaton Village, you can begin your search for your dream home. Make sure you know what you’re looking for and what you’ll settle for, and don’t be afraid to take your time – you won’t find your dream home on the first day. Patience and perseverance is key in this game, so don’t settle on a house that you’re not excited to move into as you’ll regret it in time. If you’re keen on a certain area, pay it a visit and talk to locals to get a sense of what to look for in a home, in terms of location and features.
3. Broaden Your Horizons
You might find that after a while of searching and looking for a home in your preferred region, you’re getting nowhere with your hunt for a home. That’s when it’s time to broaden your horizons. Whilst you may have wanted a home in Seaton Village, you might find cheaper or more suitable homes in areas just next door.
4. Know Your Limitations
Whilst it may be your dream to buy a home and do it up yourself, maybe you shouldn’t get carried away if you don’t know your plasterboard from your floorboards. Don’t bite off more than you can chew – if you’re not handy with a hammer, make sure there’s a little left in the budget to pay someone for your home improvements. On the other side of the coin, if you know what you’re doing then you can potentially save a lot of money and increase your new home’s value dramatically within a few months of moving in.
5. Use Your Newbie Status to Your Advantage
Whilst some may be nervous to say they’re a beginner for fear of being taken advantage of, it can work in your favour when it comes to property. There will be no chain of needing to sell your own house first involved, so by emphasizing this you’re indicating you can buy their house quickly – which may make them more tempted to sell it to you, and perhaps even for less.
6. Embrace the Agents
Real estate agents in Seaton Village and beyond want nothing more than a quick and easy sell, so don’t be a “tire kicker”. Be enthusiastic, be clear with what you’re looking for and prove you have the finances in place, and they will be more than willing to go the extra mile for you when it comes to finding a home.
Don’t Worry, Be Happy!
Yes it’s daunting, stressful and hard work, but that doesn’t last for long – whereas your new home will last for years. By researching your financial position, prospective properties, being realistic and playing your cards right, you could have your dream home in no time.