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|First Time Home Buyersby RE/MAX Hallmark Realty Group. |
Although the home buying process can be overwhelming at times, the key to a smooth transaction for most purchasers is education, preparation and guidance from a professional REALTOR. Determining what you want and need in a home, and the knowledge of current housing market conditions, will go a long way in easing your mind — especially if you are ready before you begin your search.
When buying a home for the first time, consider the following: where would you like to live? Would you like to be close to the office — in the downtown core? Or would you prefer to live in a more rural community, away from the hustle and bustle of city life? What about the characteristics of the home? How many bedrooms would you like? Bathrooms? Do you need a large kitchen? Is a garage important? How about lot size? Are you willing to sacrifice location for size and price?
Finally, are you prepared to renovate? Or would you prefer a new home in an established neighbourhood? What about the condominium lifestyle?
Other considerations include:
So many questions! Don’t worry, we are here to help you. Talk to your real estate professional about what to look for in your new home.
Follow this link for the CMHC Home Buyer's Guide: