BUY A HOME IN VANCOUVER
A QUICK GUIDE TO SEALING THE DEAL!
Whether you are buying your first home, second home or the tenth one, the process pretty much remains the same. There a number of different factors that must be taken into consideration when buying a home.
- Do you have enough financial resources to buy a new home?
- Have you already selected a property that you like are you looking?
- Is that property affordable for you in the long run as well?
- Do you have the right professional help to guide you through the purchase process of buying a home?
The purchase of a home is really an investment that pays well into the future. But you need to able to afford to buy a home. So start off with taking a look at your financial records. You should at least have 5% of the purchase price to pay the down payment. Then there are the closing costs of buying a home which range from $2000 – $3000, also factor in the lawyer fees, land transfer costs and other payments. There is quite a list of expenses that are incurred when buying a home.
This is why it is important to have the right help to guide you through the numerous steps of buying a home in Canada. Realtors can advise you when putting in an offer for a property, they will help you craft offers, counter offers and other paperwork to help you buy the home.
If the seller is reluctant about selling a property because you area first time home buyer, then get a pre-approved mortgage to help you gain their trust. Lenders, banks and loan agencies go through your financial documents and reports and let you know how much they will be willing to lend you. This pretty much guarantees your getting a loan and sellers can rest assured that they will get their money.
If your offer is accepted then it is time to apply for a mortgage loan through a bank or lender. This is where mortgage brokers can help you seal the deal successfully. Mortgage brokers have the necessary expertise and all the right connections to get you the best deal possible. This means lowest possible interest rates on your preferable loan amount.
Being a homeowner shows your independence and financial stability. Ronin Mortgage brokers can help you achieve this landmark with fewer glitches. Our mortgage experts can help you buy your first home or the umpteenth one!