That’s it, you’ve made your decision: you’re buying a house! For many people, this is an important and somewhat stressful step. There are indeed a thousand things to think about before you start. Planning the purchase of a house requires a good dose of organisation and foresight. To help you in this planning, this article gives you a reminder of the main elements that must be considered before buying a home.
http://www.anecdotot.net/wp-content/u ... s/2018/08/a-1-300x171.jpg 300w, http://www.anecdotot.net/wp-content/u ... s/2018/08/a-1-473x270.jpg 473w" sizes="(max-width: 700px) 100vw, 700px" />
What are the 10 things to plan before buying a house?
- Find a Trusted Mortgage Broker
Do you know that a mortgage broker is a very useful resource that must be contacted before you even plan to buy a home? Indeed, by studying your file and doing a prequalification with it, you will be able to evaluate your finances and your borrowing capacity. This will give you valuable guidance for planning the purchase of your home and improving the chances of acceptance of the mortgage. In addition, the broker will also help you to find the best financial institution according to the proposed rate, loan term, etc.
- Check the location you are interested in
Even if you are in love with an area, it is always ideal to analyse the neighbourhood. Indeed, to plan the purchase of a house, it is also to verify that you will be able to live serenely and with happiness. If you are a family, for example, check the accessibility of schools, parks and businesses. If you are calm in nature, avoid busy areas. Whatever your profile, think about your needs and choose an area that suits you.
- Choose a Real Estate Broker
Before you even start shopping, choose a trusted real estate broker who operates in the desired area. Try to find out if he is going further in his services and if he can advise you on several aspects of the transaction. Know that a professional broker will work with you to identify your needs, your budget, your preferences and help you find the gem. Because it will help you in your research, your real estate broker will save you a lot of energy and it will leave you with more time to plan the purchase of your home!
- Plan renovations and their cost
Once you have found a home that interests you, it is likely that work will be needed. First, find out how much you will pay to change it to your liking. During the visits, take photos, measurements and all the information that you think is relevant. Then ask professionals and contractors to evaluate the cost of the work. This will help you plan your home purchase before you even make an offer. If the total price of renovations and the house exceeds your budget, you will not be caught off guard!
- Be attentive during open tours
Opening your eyes and ears during the visits will allow you to make a first selection for the purchase of your home. Of course, this is not a formal inspection and it … Read More