Are you also searching for commercial real estate services in Calgary? And planning to purchase your first ever dream home in Calgary, Alberta? In that case, you may have numerous questions regarding procedures and formalities of home purchasing. Here are 5 straightforward buyer tips that will help you to get started down the right road towards home ownership.
Prior Planning before Jumping into Purchasing.
Your first priority is to decide whether you are going to stay in Calgary or not? The only reason behind advance planning is to avoid unnecessary costs on buying/selling and inflexible mortgage requirements.
2. Get a Pre-approval for Mortgage from Government Authorities.
Primarily it is important to have a mortgage pre-approval before buying your first home, through which you are not only aware of what price range and property type you can purchase, but also what you are comfortable with spending and even how any applicable government programs can help you.
For instance, the Canadian Government supports first-time buyers through the RRSP Home Buyers Plan.
3. Additional Expenses Other than Mortgage Payments
There are additional expenses to consider into your budget like insurance, property taxes, maintenance etc. You also have to consider various facilities and lifestyle choices such as television, internet, home phone and possibly a home alarm system etc.
All these additional expenses help you to determine if you make enough money to go ahead with the purchase in the first place!
4. Take Help Form Commercial Real Estate Services.
You could browse the internet and do as much research as you could about buying a home and try to do it all on your own.
Instead of this, there are really convenient or efficient ways through which your search for buying your dream home can be resolved. There are several Real estate service providers available, they acquired a list of homes available and all required details for new buyers, they work on a commission basis. They take care of all the little details for you and go the extra mile.
5. Get A Home Inspector Review Service Before The Final Decision.
This is extremely significant for you to have a professional home inspection and document review when buying your first home. As you’ll gain peace of mind only after knowing that you are purchasing a good property and didn’t miss something costly to repair or fix.
This can save you from a huge headache and financial cost.
As a highly recommended Calgary commercial real estate agent, I have helped innumerable home buyers realizing their real estate goals since I became an agent almost 15 years ago. For more assistance you are most welcomed at the Core Commercial.