To-Do List for First-Time Home BuyersBy Vivian YeungTips for BuyersOctober 15, 20200 comments#VivianYeung 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 ...
Why Include Real Estate In Your Financial Plan?By William CTips for BuyersOctober 13, 20200 comments#WilliamChan Millennials may have it harder to buy a home today than their parents had, given that the market prices have increased immensely marginalizing today’s buyers. Still, owning a home or an investment property is a dream many hold on to, despite the recent challenges like interest ...
My First Real Estate Experience as a Home Buyer on a BudgetBy Janice LauTips for BuyersOctober 5, 20200 commentsWhat I Learned From My Real Estate Experience One important tip I learned when I entered the real estate market, shopping for my first home on a budget in Markham, is one that I want to share with other home buyers. You don’t have to buy a house with the perfect counter ...
Costs of Owning a Home or CondoBy James ETips for BuyersOctober 4, 20200 comments#JamesE Consider the costs When you’re starting to look for a home, it can be easy to focus solely on the carrying costs of a mortgage and compare that to your current expenditure. However, there are several other costs involved when you own a home. Looking at freehold ...
When is the Right Time to Buy?By James ETips for BuyersOctober 2, 20200 comments#JamesE When is the right time to buy? This is an especially common question for first time buyers. When should you buy a home? Well, the main consideration should be whether you can afford to buy or not. If you don’t have the moment, now is not the right time. If you have a ...
How Much Can I Afford for a House?By James ETips for BuyersOctober 1, 20200 comments#JamesE Working out what you can afford If experience has taught me anything, the very first step you should take when looking to buy a home is to work out exactly what you can afford. Go to a mortgage broker, bank, or other type of lender and get a pre-approval for a mortgage. This ...