Buying your home
Buying A Home
Keep an open mind - Take a look at our ***Selling Tips*** page and you'll see our advice on showcasing a home. HOWEVER, remember that not all sellers know how to effectively showcase their home. Don't make the mistake of passing on a structurally sound home based on first impressions. Remember, you are buying the home not the decor.
Know the Neighbourhood - When you're buying a new home you're also buying the neighbourhood. This is why knowing key facts about the area is important. Where are the schools, how heavy is the traffic, is there development coming down the road? Pat can determine the answers to these important questions.
Know How Much You Can Afford - What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate. You can use our quick links and the ***affordability calculator*** to help you out.
Make Sure You Are Pre-approved - It simply makes sense to know how much the bank will lend you before making an offer on the house. This saves time and disappointment later!
Shop Around For a Loan - Don't assume that your first offer is going to be your best offer. Most banks will match a competitor's rate when faced with losing a client. Use our quick links to search for current interest rates offered by the major Canadian banks. Few people realize but you can actually negotiate rates when securing a loan from your bank!
Be Sure to have a Home Inspection - One of the conditions of any offer should be a home inspection. An inspection will tell you about the condition of the home, and can help you avoid buying a home that needs major repairs.