1 They have set realistic goals about home ownership.
2 They know the difference between what they NEED & what they WANT.
3 They have hired a real estate professional to guide them through the process (ask about this free service).
4 They have done market research on the area, property & values.
5 Market research is key to securing the best deal. Knowing the future development in the area, the allowable uses and various zoning information will give you a better understanding of value.
6 They have an understanding of the costs associated with the property.
7 Ask the sellers if they can provide recent utility bills. Your family will definitely use utilities differently, but it will give you a broad range of value that you can expect to pay.
8 They have completed a recent pre-approval. Yes, a pre-approval does expire. Having a pre-approval is great, but only if it’s current. Recently there have been a few mortgage requirement changes.
9 They have eliminated distractions and have set aside time to get information and view homes.
10 They have the courage to move forward once they have found the one & offer the best price.
11 They have a firm understanding of development in the neighbourhood.
12 They have viewed the property & the neighbourhood on various occasions. 13 Consider attending one of our free information nights visit www.BuyerSeries.ca for a full list of events.