Home Buying Tips
Buying a home is one of the biggest financial decisions you’ll ever make. There are many decisions to make before and after you find your dream home, so prepare yourself to make a knowledgeable decision. Before you decide to buy a home, make sure you’re ready.
Here are some things to consider before you begin the process of buying a new home:
- Get prequalified for a mortgage
- Get a qualified Real Estate Agent
- Know what area you are interested in
- Write down what you want in your new home that suites your needs
- Research the local area- Is the home close to schools, shopping, transportation etc
- View open houses in variety of locations and housing types and take notes and pictures
- Consider closing costs (survey, tax, lawyer, etc.)
- Decide what mortgage payments you’re comfortable with
- Learn what properties sell for, focus on one location and housing type
- Wait for the right house to make an offer, be prepared to negotiate
Buying a new home gives you peace of mind and provides you with the assurance of a 2-5-10 Warranty
A 2-5-10 Home Warranty Protects homeowners against defects such as materials, workmanship and the structural integrity of their new home.
Two year warranty covers defects on labour and materials
Five year warranty covers defects in the building envelope
Ten year warranty covers defects on the structure of the home.
For more information regarding the 2-5-10 Home Warranty click on this link: National Home Warranty
