The beginning of a new year is filled with hope and promise. Hoping to make changes that stick, many set financial or personal goals that they would like to achieve in the following twelve months. Buying or selling real estate is no different and can often be found on someone’s resolution list. For some, it may be acquiring an investment property or for others, purchasing a first home. Whatever your real estate goal, decisions surrounding realty are not to be taken lightly and there are many steps along the way that can facilitate a smooth transaction. Think of these steps as mini-resolutions.
If buying or selling a home is one of your 2017 goals then we have a list of real estate resolutions to help make that happen!
Make a budget.
For home buyers, one of the first steps when deciding to buy a new home is determining what your able to allocate for a down payment and if you can afford the associated costs of owning a home, including a mortgage.
For sellers, it is important to begin to look at selling costs, which may include repairs, home appraisals, commissions, inspections, and legal fees. The Leading Edge Real Estate team can answer your questions regarding costs associated with selling your home can make the process much easier and leave less room for unanticipated surprises!
Determine what you can afford in terms of purchasing a home. Get all the paperwork in order and meet with your bank or mortgage broker to find out the mortgage you are able to be pre-approved for. Also keep in mind that new mortgage qualification rules took effect in October which may or may not influence how much you are putting down and your approved amount. Looking for the right mortgage broker? We can make some great local suggestions.
Get a home assessment.
Find out what your home it worth. We can help you understand what your home may be worth in the current market (note to seller’s, it’s probably more than you think!). This information will be important if your current home’s proceeds will be cover your next home purchase, indicating how much of a mortgage you may require.
Find a neighborhood.
Do you know where you would like to call home? Do research and begin to examine real estate in the areas you feel you would like to call home. Make sure to contact the Leading Edge Real Estate team so we can help you with this process- we are experts in the Whistler area.
Find an agent.
From the moment you are thinking about buying or selling a home, the right real estate agent can be of assistance. You don’t have to be in a position to purchase or sell at that moment, you can simply be looking for answers or guidance through the real estate process. I would love to help you find you dream home here in Whistler! Contact Denise Brown today!