Home Buying Secrets – How to buy home in Gabriola

1
Home Buying Secrets

• How to buy home in Gabriola

2
Secrets for buying home

• Get pre-approval for your home loan
• Avoid Border Disputes
• Never Wait for the Best Time
• Avoid Sleep Costs
• Never only go with Bigger
• Give a Physical check

3
Get pre-approval for your home loan

• Sometime we think that we will get approval for
  our home loan so why we should apply in advance.
  But on the time, we did not get the approval and
  we need to cancel deal. So to save your time and
  energy, make sure you get pre-approval for your
  loan and you have an idea that how much you can
  afford.

4
Avoid Border Disputes

• Property which have disputes can raises many
  problems for you. So I will suggest you to make a
  survey on the property you had decided to buy so
  you know exactly what youre buying.

5
Never Wait for the Best Time

• There are many misconceptions something like that
  the market will go down then we will buy home or
  something else like this. I would like to say
  that dont wait for the markets best time. There
  are also the possibilities to raises the prices
  of property. Because real estate market is filled
  with uncertainties.
• Keep in mind that current time is the perfect
  time and the deal you will make this time will be
  the best real estate deal.

6
Avoid Sleep Costs

• The difference between renting and home ownership
  is the sleeper costs. Most people just focus on
  their mortgage payment, but they also need to be
  aware of the other expenses such as property
  taxes, utilities and homeowner-association dues.
  New homeowners also need to be prepared to pay
  for repairs, maintenance and potential
  property-tax increases. Make sure you budget for
  sleeper costs so youll be covered and wont risk
  losing your house.

7
Never only go with Bigger

• Keep in mind that bigger is not always better. So
  I would like to suggest you that never make a
  deal with bigger amount. Usually bigger things or
  houses just appeal bigger they dont have the
  bigger quality.
• Someone say in the Real estate market that dont
  buy the biggest because for this you cannot find
  the potential customers whenever you would like
  to sell it out. So Always go with small and
  reasonable prices and houses.

8
Give a Physical check

• Would you like to buy a bike without taking a
  test drive? I am sure, you will not. You would
  like to check each and everything about engine,
  mileage etc. Same in the case of purchasing a
  home, you should check it out physically. It is
  not possible that you can check by yourself so I
  would like to recommend you to hire a home
  inspector. It will be little bit costly but can
  save your 1000 of . A home inspectors sole
  responsibility is to provide you with information
  so that you can make a decision as to whether or
  not to buy. 

9
Need More ?
Have a Real Estate Question? Ask Carol Martin
1 575 North RoadGabriola, B.C.Canada V0R 1X3
Office 250.247.9333Toll Free
1.866.528.9333Office Fax [phone]
10
(No Transcript)