The first step to finding the perfect Durham Region homes is to find a qualified real estate age. We know that in this day of technology, where Google has all the answers just a click away and where everyone has caught that DIY bug people might want to act as their own agent but we do not suggest this. The real reason why you get an agent is not because they can search homes on the internet better than you but because their professional contacts gives them access to the secret real estate market that a layperson doesn’t have access to. This isn’t magical or anything but they have relationships with other agents, mortgage brokers, builders, repairman, contractors who can notify them of homes that are going on sale before the general population knows. Striking early is an import aspect of finding the right home at the right price.
The next step is to find a local mortgage broker who will help you find the absolutely best mortgage that you can qualify for. Homes for sale in Durham Region are not cheap and most people will need a home loan to purchase one. Similar to Real Estate agents it is the personal relationships that a mortgage broker has that will make them valuable to you. Anyone can click away on Google in search of a mortgage but a personal touch and relationship will get you a much better deal than the static criteria based on a rigid mathematical model ever could. You want a personal touch and to be treated as a person not just a stated income or a credit score.
The third step is to know what you can afford. A lot of us have beer budgets but champagne tastes. Seek the help of a financial adviser and really figure out what you can afford without struggling.
The fourth step is to know your credit score, protect it and built it. Your credit score is one metric that can easily make or break your dreams of purchasing a home. You need to know your score and you need a plan to increase it if it isn’t high enough. A few points can be the difference between a few percentage points and paying too much.
As you can see there are many things that a person must do before they purchase a home.