How to pick the right house for your needs
Buying a house or an apartment involves asking yourself a few questions beforehand in order to properly prepare your project and see it with peace of mind. But real estate is like everything, it can be learned and all it takes is a few recommendations to avoid the most glaring mistakes. WE have therefore compiled its best advice to assist you in the purchase of your home.
Tip #1: Take the time to choose your home wisely
Whatever happens, force yourself to visit at least 3 houses. And again, 5 would be more prudent! The more different Calgary Homes for Sale you see, the more sure you will be of your choice, and you will develop a keen eye for detecting anything wrong with a property.
When you start your search, it can be a good idea to take the time to visit houses that on paper do not correspond 100% to what you are looking for. You will learn from these visits, and you are never safe from a pleasant surprise.
Tip #2: Learn about the real estate market before buying a house
In order to determine the price, evaluate the market prices. For this, several criteria:
- The location of the property. Find properties closer to the house you want to buy.
- The characteristics of the house. Compare what looks alike (land size, number of rooms, number of floors, etc.)
- the type of house: is it new or old? The prices are very different!
Tip 3: Think about the state aid you can benefit from for the purchase of your house
There is no specific aid for the purchase of a house, but you can benefit from measures put in place by the State for the purchase of real estate in general.
Also check with your municipality: some offer aid for purchases in the form of assisted loans or moving aids.
Tip 4: Anticipate your mortgage to buy your house
If you buy a new house, your mortgage application file can be sent to the bank from the moment you sign the compromise. But a request for credit is anticipated! You must indeed collect many documents (payslips, tax slips, family record book, etc.).
In order to put the odds on your side during the visits, you can present the seller with a certificate of findability. This proves to him that you are able to pay for the house you are visiting.
It could not be easier ! Make a simulation of borrowing capacity to know the amount you can pay. After analyzing a few documents, you obtain the certificate from your Credit Expert.
Tip 5: Remember to have fun when buying a house
Take a deep breath, you're buying a house, is that great? You can calculate your borrowing capacity to optimize your purchase.