Hello! 10 Steps for First-Time Home Buyers
1) Save
-Downpayment
-Closing costs
2) Improve Credit Score
-Stay current on bills
-No major purchases
-Don't cancel any credit cards
-Higher credit score = lower interest rate
3) Calculate What YOU Can Afford
4) Get Mortgage Pre-Approval
-Shop for the best deal
-Choose primary and backup lenders
5) Decide What YOU Want in a Home
-Checklist of all the MUST-haves
6) Choose a Realtor
7) Visit / Virtually Visit Homes
- Make notes
8) Narrow Choices
-Visit neighborhood during day and at night to gauge traffic, noise, etc
-Test commute
-Consider resale value
9) Make an Offer + Schedule Home Inspection
10) Make Final Walk-Through
-Test light switches, sockets
-Check that windows and doors work
-Test faucets, drains, toilets
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Vivian Yeung B.A.
Sales Representative
647-988-7823
realtorvivianyeung.ca