Buying
a home can be one of life's most fulfilling experiences and one of the most
challenging. The more prepared you are at the outset, the less overwhelming
the buying process will be.From selecting a real estate professional to finding out what type of home you can afford, the following CENTURY 21® tips help take the anxiety out of buying a home.
Don't forget to check out how you can earn AIR MILES® reward miles with your purchase.
Do you know how much money will be needed in order to close your deal? Besides the basic purchase price, buyers face legal fees (plus GST) and disbursements (plus GST), which are the out-of pocket expenses a lawyer/notary incurs. Then there are closing adjustments with the seller - taxes, rental income, condominium maintenance, and some utility charges. And don't forget about the costs of arranging a new mortgage which can include application and appraisal fees. For a resale home, these "extras" can easily add 1½% to 2% onto the basic purchase price.
Do you know what needs to be done after the deal is closed? Once your offer has been accepted the work has just begun. Future steps include arranging for monthly mortgage payments and property taxes, finding the right insurance coverage, transferring your utilities and arranging for your move, among others.
Avoid any surprises by having a CENTURY 21® real estate professional guide you through the necessary steps. Rely on their expert advice to keep you informed and prepared. It's just one more way that your CENTURY 21 real estate professional takes the anxiety out of buying a home.
When you purchase your new home, it makes good economic sense to keep it in tip-top condition. If properly cared for, your home should serve.
