Home Buying Tips
* When selecing a home, consider your family's lifestyle needs. Apporximity to shopping, work, hospital, school, transportation, doctor, police, recreation facilities, fire department are some of future needs you might want to consider.
* Find out what your housing needs are
* Find out the trends in the market in terms of mortgage rates and housing prices and market forecast
* Find out how much you can afford before making your important decesion
* Build your team, there are so many people involved in home buying process. It is important that you hire someone that put enough time and effort for you to make your transaction stress free.
* Arrange for your mortgage financing, before you commit yourself to anything.
* Location is an investment too. It is always a better idea to buy a modest home in best neighborhood, rather than buying the best homes in modest neighborhood.
* Consider zoning bylaws if you wish to operate a business from your home.
Final Points To Consider:
Exterior Condition
Check the condition of roof, eavestroughing, brick, mortar,paint, siding, decks and patios.
Energy Efficiency
What type of heating and insulation does the home have? Is the entire house insulated?
Air Quality
Does the house smell clean and fresh? check for condition and materials which will maintain a healthy indoor environment
Basement/ Crawlspace
Is it moldy? Look for water stains, leaks or cracks
Structural Problems
Doors and windows that stick and eneven floors can indicate problems
Test The Water Pressure
By turning on the taps or flushing the toilet
Is There Parking?
Does the home has private or shared driveway?
For more information, please call 604.338.4166
Source: CMHC