BUYER TIPS

Buyer Tips for homes in the Cochrane and Calgary areas


#816 - THINK LONG TERM AND BE PATIENT

A good strategy is to find the most affordable property in the best neighbourhood. Then use the money you saved on upgrades and improvements to increase your home value. #buyertips #longterm #shorts #casuallypro #dreamstorealty


#920 - ASSESS YOUR WANTS VS NEEDS

Unless you are building a custom home, or have an unlimited budget, everything you are looking for may not come in one package. Take the time to sit down and make a list. Those things that you cannot live without, those things that would be nice, and those things that would be amazing to have in your property. Keeping your budget it mind, start with the must haves on your list and then build up from there to help search for your next property. #buyertips #wantsvsneeds #shorts #casuallypro #dreamstorealty


#1018 - DON'T OBSESS OVER INTEREST RATES

It's true that interest rates are at a historic low but that doesn't mean you should jump into a home purchase before you are ready, just to get in on the good deal. On the flip side though, don't put it off just because interest rates went up. The best time to buy a house is when you're ready, and that's made up of more factors that just the interest rate. Work with your lender to find the best deal that works for you. #buyertips #interestrates #shorts #casuallypro #dreamstorealty


#1115 - DON'T SKIP THE HOME INSPECTION

Home inspections serve a couple of purposes. Not only will it bring up any issues you should be aware of now, it also gives you a laundry list of what needs to be done to keep your house working in tip top shape. In a sellers market it may be tempting to forego the home inspection, whether to make your offer more appealing, or to close quicker, but it may end up costing you more in the long run. Taking the time to tour your next home with a licensed home inspector may slightly delay your firm sale, but it will give you peace of mind. #buyertips #homeinspection #shorts #casuallypro #dreamstorealty


#1208 - BE PREPARED

Let's be honest, it's a seller's market out there and a lot of the time you are going to be competing with other buyers to get that property that you want so go in prepared. If you have a property that you need to move before you purchase a new one, get it sold, or a least on the market. If you're getting a mortgage, make sure it's approved and ready to go. Keep your home inspector on speed dial and contact them as you are putting in an offer to confirm their quick availability. Set yourself up for success and success will find you. #buyertips #beprepared #shorts #casuallypro #dreamstorealty


#1213 - BE OPEN TO NEW CONSTRUCTION

With the limited amount of homes up for sale, it can be frustrating not finding what you are looking for, or getting outbid by other buyers. If you need to move isn't urgent, try exploring new builds. Work with your agent and the builder to discuss lot locations, floorplans, and interior finishes to get what you really want. Remember to take your agent with you the first time you visit a showhome or let the sales team know that you are working with to ensure your realtor can walk along side you throughout the whole process. #buyertips #newconstruction #shorts #casuallypro #dreamstorealty