Buying a Home



Buying a Home

Whether you are a first-time home buyer or an experienced investor, there are many factors to consider when purchasing real estate. Of course, you want to buy the right property for the lowest possible price, but you also want to ensure that the legal conditions are in your favor. This can often be your largest single purchase and it pays to do your homework. I can certainly help—by getting you the best purchase price and by meticulously reviewing the details of the purchase to ensure that the fine print works for you, not against you.

The first step is to consider your current lifestyle—and importantly, how it may change in the future. Simply moving into your new home will change your lifestyle in many ways. Ideally, your new home shouldn’t just provide shelter; it can provide you the means to grow and flourish as a person or family. This requires assessment of your life goals and identifying what it will take to achieve them.

Next, you should assess your financial capabilities. I suggest you start by completing an online mortgage affordability calculator to gauge your rough upper price limits. It is also prudent to visit a lending institution so you can be officially pre-approved for a mortgage. Shop around, as banks are more willing to provide lower interest for your debt if they know that they’re up against competition. That means getting rate quotes—in writing! A little goes a long way, especially when dealing with compound interest.

For those developers/renovators/flippers trying to make money, look no further.  I have excellent appraisal skills and practical know-how to go along with my sound instincts for profit-seeking that make hiring me a wise decision for the most discerning investor.