The Ottawa Home Base Buyer's Guide


Buying a new home can be a daunting task and whether you are a first time home buyer or not, it is important to get as much help as you can.  It is essential that you sit down and ask yourself a very appropriate question.  What are your needs?   This Guide has been made to help you answer that question.  It is necessary that you make this process as painless as possible.  Daunting questions like what type of home best suits your needs and when would be the best time to move; the Ottawa Home Base Buyer's Guide ensures a pleasant experience.

What can you afford?

As stated above, it is essential to understand what your needs are when looking for a new home.  However, it is crucial to know what you can afford.  Therefore the first thing you must do is speak to a bank or mortgage broker about a mortgage.  I might suggest though, before you go to speak with them, learn what you can about mortgages; what types of mortgages are out there or what the true definition of a pre-approved mortgage is, for example. Prepare yourself, so when you speak to a qualified professional you are able to understand what they are talking about. 

What Are Your Needs?

Once you have your financing in order, you need to decide you’re your needs will be.  How many bedrooms will you one day require? Your preschoolers will be teens someday. Are you planning to stay in your home that long? Determine your needs before you move in.

Preparing a successful offer

After contacting Greg Hollander, who can assist you you’re your house hunting, you've located the one house that fits all your family’s needs. However, you need to buy it and this involves putting together an intelligent, well thought out Agreement of Purchase and Sale.  This is also known as an offer.  This section will explain to you a procedure that, although is quite simple, can be often misunderstood.

Closing Day – Time to Pick Up the Key!

You have just waited, 2 weeks, three weeks, or two months, three months, but the day is finally here.  You can go down to your lawyer’s office and pick up the key to your new home!  This is what everyone calls closing day.  But what specifically happens? Who is involved?  Well, we’ll outline it all for you here.  And if you have any questions, just contact Greg and he will answer any of your questions.

Moving to your New Home

Nobody likes the actual moving day, but we all have to face it at one time in our lives.  The trick is to make it as painless as possible.  And the best way to achieve this is by doing one thing: PLAN!  Here are some checklists, suggestions and ideas to help you and your family tackle this difficult day.

 

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