If you’re planning on buying a home, you’re in for some real house-hunting fun. You may have heard horror stories about how difficult it is to find the perfect home in Ontario. By keeping these tips in mind, you’ll enjoy the process of searching for your dream home.
Make location your priority. If you’re purchasing a home, chances are you’re planning on staying there for many years to come. Location should be the most important thing to consider when house hunting. Commuting time to your place of employment should also be considered. Pay attention to the proximity from shopping centers, schools, public transportation, and any other important amenities you use. No matter how much you love a home, if location becomes a major inconvenience, you may regret buying it.
Make a list of what’s important in a home. Have a discussion with each member of your family what they want in a house. You’ll be spared hours of unnecessary shopping and anticipation if you know ahead of time what it is you and your family want in your new home. Make a list of the things that are non-negotiable, things that would be nice to have, and those that you really don’t want. Before you finish your list, go through your current home and make note of the things you like and don’t like.
Do your research about important facts involving the sale including market trends in the area, home values, and neighborhood details. You can find this information in local government offices and simple google searches.
Get a mortgage approved for your home purchase. Regardless of how much you love your potential new home, you’ll never get to enjoy house ownership if you can’t get the loan to buy it. If you already have a lender, check with them about becoming preapproved for a mortgage so you know how much you can afford to spend. If you don’t have a lender, start looking for the best deals. A lender will go over your financial options and help you determine what you can afford, as well as the different types of mortgages available to you.
Make a list of homes that interest you. Prioritize the list by which homes interest you the most, as well as where they’re located geographically so you can look at them in a specific order to save time.
By following this checklist, you’ll find house hunting in Erin, Ontario and the surrounding areas enjoyable and exciting!