Buying Tips

Buying a residence can be a stressful experience. You will experience a roller coaster of emotions while finding the right place, securing the loan, and finally moving in. For most of us, the first time home purchase is the largest investment we’ve ever considered. The emotions of purchasing something so expensive and personal can often cloud our business judgment

Income + Lifestyle = Mortgage Payment

Sit down with your Real Estate Professional and discuss what are your income levels and future expenses can be. Also, include future expenses for children and amnesties, dont mortgage your future.

Keep options open

View several properties, analyze your wants and needs. Review at least ten properties with your agent and seek advice as much as possible, from your agent, families, friends and work colleagues.


On the other hand, buying a home can offer stability, equity building, and potential long-term financial benefits through property appreciation. It provides a sense of ownership and allows you to customize your living space according to your preferences. However, it requires a significant upfront investment, including a down payment and closing costs, and entails ongoing responsibilities like maintenance and property taxes.

Plan For Flexibility

Closing dates are not written in stone. Allow for contingencies and have a back-up plan. If you or the sellers need a little more time to conclude the final arrangements, don’t let these delays upset or frustrate you. These types of circumstances are not uncommon in a real estate transaction.


Having a pre-approval can strengthen your position as a buyer because it demonstrates to sellers that you're a serious and qualified buyer, potentially giving you an edge in a competitive housing market. It's important to note that a pre-approval is not a guarantee of a loan, as the lender will still need to conduct a thorough evaluation of the property and your financial situation before finalizing the mortgage.

Be a detective
Check out all costs and expenses before you sign, including utilities, taxes, insurance, maintenance, and home owner dues if applicable. Make sure all utilities (gas, electricity, and water) are on during your walk-through so you can inspect everything in working order. Ask lots of questions and be very detail conscious.
Utilize your team wisely

Use everyone who is involved in the transaction, your agent, your mortgage broker, everyone. Use them as much as possible and explore beyond the limit before you sign anything.


However, it's essential to weigh the cost of the home warranty against the potential savings from repairs or replacements. Additionally, consider factors such as the age and condition of the home, existing warranties on appliances/systems, and your ability to cover unexpected repair costs out of pocket.

Loyalty Breeds Loyalty

Be open, honest and up front with your team. Hard feelings and disloyalty will cause headaches, delays or may even keep you from getting into the home you worked so hard to locate. Take the time to select the right team in the beginning and your first home purchase will be a pleasing and memorable experience.

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