Are You Ready?
Responsibilities can come at a cost – from financial commitment to necessary care and maintenance. You need to make sure that both fit your current lifestyle.
Check your financial standing
One of the biggest and most important purchases of your lifetime is buying a home. With the help of a real estate agent, you can avoid getting in over your head. It’s important to have some savings, and manage any debt before making a home purchase. In just a few steps you can determine how much you can afford, and with the help of our Mortgage Calculator you can have an idea of what your payments might look like.
When is a good time to buy?
In real estate, markets go up and down. The most informed experts aren’t able to predict where the market is headed. Because buying a home is a long-term investment, you should try to protect yourself from short term changes in the market. Ideally, you want long term enjoyment out of your investment. Choose a home that meets your and your family's requirements.
Deciding Where to Live
Do you prefer the Urban lifestyle? While prices are usually higher, amenities can be within walking distance.
Don’t like city life? Maybe a Rural property is in the cards. Your options in a Rural setting may include more land than you would see in the Urban areas.
Want to live in the Suburbs? You might find bigger schools, more shopping and a big backyard for the kids and pets.
Are you from a small town? Canada is full of incredible, self-sufficient communities where you can save lots compared to buying in the big city.
Consider the Style of Home You Want
Detached: Free standing home
Semi-Detached: Two homes that are side by side sharing a common wall. These homes generally have different owners and lots.
Townhouse: Also know as row houses, they usually share walls on either side with adjoining homes.
Duplex: A structure that is on a single lot yet is zoned for two families (each with independent access).
Condo: Your unit is 100% yours, however there are shared common areas. Some may include amenities such as gym, pool or meeting rooms. Generally there is a condo fee on top of your mortgage payment which is used to maintain common areas.
Do You Need to Sell Your Current Home?
Staging your house is incredibly important! After all, you wouldn’t sell your car without making sure it looked its best.
So, why wouldn’t you make sure your house is in tip-top shape before you put it on the market?
Staging is one of the best ways to add value to your home for very little money.
So, what should you focus on first?
Decluttering! Everywhere. From counters to walls to floors, you want potential buyers to see the house, not your knickknacks. Scrub everything from tile grout to window panes. Every square inch should sparkle! If you don’t have time, hire a pro.
Don’t forget your home’s exterior. Rent a power washer for a few hours and give the house a good clean.
Lighting has a huge effect on people. Add lamps to dark rooms and replace burnt out or low wattage light bulbs.
These are just a few ways to make your house shine, so Contact a RE/MAX Infinity Agent for more tips on home staging.Posted by Infinity Admin on