A home is not only the place you build memories and share your life with friends & family; it is also the investment that builds a financial foundation for your future.
Choosing to buy a home is one of the biggest decisions you’ll make in your life. It is an exciting, yet complex process that requires a lot of planning, and instating the help of a knowledgeable Real Estate Agent to make the process run smoothly.
To maximize the return on your investment and to help you navigate what can be a complex process, it’s important to educate yourself on the basics of the home buying process. To ready you for this, here is a general overview of what to expect and prepare.
Get Your Finances In Order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. Second, you’ll need to meet with a mortgage broker to determine what you can afford. Shopping around for the best rate is highly recommended.
Visualize Your Dream Home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Meet With a Real Estate Agent
It’s important to partner with a Real Estate Agent you feel completely comfortable with. Your Exclusive Edmonton agent will help you find your dream home, that meets both your needs and your budget. We will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home ensuring your best interests are always represented.
The Search
Using the property search on this site and consulting with your Exclusive Edmonton agent, you will be able to find homes in your desired area. We will help you understand the unique local market trends that impact the fair market value of the properties you’re viewing and customize a property search specific to your home criteria.
Selecting a skilled and experienced real estate agent is essential to help you with these steps. We commit to implementing our experience and skills to showcase you the best homes while offering the highest calibre of service, discretion and communication, regardless of your desired home’s size, neighbourhood or price point.