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Home Buying "101"
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BUYING
Congratulations,
you have decided to buy a home and stop paying rent. Whether you will buy a condo, townhouse or single family home, there are a few things you will need to do before you can start the process.
First off, it is best to consult with your bank or mortgage broker ( I can assist you with this) to find out how much of a mortgage you will qualify for.
Once you have the amount you are able to commit to, you should search for a realtor© to represent you. This is in your best interest, since your realtor© will advise, and counsel you throughout the buying process. Your realtor has access to a variety of information sources about any given property, as well as the experience and knowledge to negotiate the best price and terms possible for you. Your realtor© also has access to new listings long before the general public, therefore, if you try to go it alone, you will most likely get frustrated, because the good properties sell fast.
The first time you consult with your realtor© she/he will ask you about your preferences regarding the property, preferred areas, as well as your financial limits. All this information will be held in strict confidence. Your realtor© now uses this information to begin the search for suitable properties and schedules showings for you. This process can take quite a bit of time, so the more information you provide the easier it will be to find you a suitable property. If are you wondering how much all of this will cost you, there is good news. Your realtor gets paid by the seller's agent. (The listing agent offers a percentage of her/his commission)
This site is not intended to solicit Vancouver home buyers currently under contract with another Brokerage, nor is it intended to solicit Vancouver homes or property listings under contract with another Brokerage. We provide links to other Vancouver real estate and information sites as a service only and do not take responsibility for the content of these other sites. The real estate listings and related information contained in these pages are deemed reliable, but are not guaranteed and should be independently verified