Professional Real Estate Buying Tips
Buy With Confidence
Buying Tips & Guidance
I formulated these buying tips to help with a successful transaction. Buying real estate in today’s market is very competitive and buyers must always be aware that every move must be well calculated. Follow the tips below as a guideline and I hopefully this will make things easier for you.
1. Home Affordability
Taking this step in the beginning will make things much easier. During a transaction buyers may start to get emotionally attached to properties that may not be feasible. Knowing what you can afford (your REALTOR® can assist you with this) helps to filter out which type of properties are possible for you.
2. Needs, Wish list and Never list
Many sales reps believe that needs are the most important factor when purchasing a home. However, some buyers have “never” factors (Eg. Living very close to train tracks) on a list which are very important to their comfort level. Determining these factors can help you in making a bid on a property best suitable for you.
3. Open Minded
Have an open mind when you’re making a purchase. The Greater Toronto Area has a wide range of homes that you may not know of. Do some research and look beyond your area to open up more possibilities.
4. Long term and short term
Are you looking for a long term or short term property? This is a factor that many buyers forget to take into consideration during a transaction. Your family size, your home business expansion are two examples that help you determine this point.
5. Take Action
The growth of technology makes it easier for clients to view properties through their digital devices. Once you find properties that interest you contact your REALTOR® and book appointments / open house. You need to make your move fast as properties sell very quickly.