There are so many questions when you are looking for a home. Here are 5 of the big ones!

5 questions when you are a First Time Buyer

1. What can I afford? Understanding your budget is crucial. You’ll want to consider factors like your income, savings for a down payment, monthly expenses, and potential mortgage rates.
2. What type of property suits my needs? Determine whether you’re looking for a house, condo, townhouse, or something else. Consider factors like location, size, amenities, and proximity to schools, work, and other essential services.
3. What is the condition of the property? It’s essential to inspect the property thoroughly to identify any potential issues or repairs needed. This includes checking the structure, plumbing, electrical systems, and overall maintenance.
4. What is the neighborhood like? Research the neighborhood’s safety, schools, amenities, transportation options, property values, and potential for future growth or development. Visiting the area at different times of day can provide insight into the community’s vibe.
5. What are the financing options available to me? Explore different mortgage options, such as fixed-rate or adjustable-rate mortgages. Do you have enough for a downpayment? Where is the downpayment coming from? I always encourage my buyers to contact a mortgage professional before they start looking at homes. This saves you time and effort and helps focus your search.

I am always available for your questions. Whether you are looking buy or sell a home or Pre-construction condo I am available for you in Pickering, Ajax, Whitby, Oshawa or Clarington. Additionally I have great options in Kitchener and Waterloo. Contact me today for all of your Real Estate Needs.

Steven Greenidge is a Durham based Broker / Realtor with Remax Millennium serving areas the GTA and Waterloo Region.”When purchasing your home contact me. I work in Oshawa, Whitby, Ajax, Pickering, Clarington, Toronto and the GTHA”