DEFINE YOUR REASONS FOR PURCHASING A HOME
Your first step in the home-buying process is to identify the reasons why you want to purchase a new home. To stop paying rent? To start building equity? To have a place of your own? To raise a family? To move up to a bigger house?
DEVELOP A NEEDS VS. WANTS LIST
Everyone has a picture of their ideal home. This home would include all the features you not only need, but have long desired. However, when it comes time to buying a home, these dream features constitute additional costs. While it's nice to think about having an artfully landscaped backyard, or built-in appliances, these can add considerably to the price of your property.
Begin the list with items you absolutely need like adequate room, garage space and number of bedrooms. Basic needs should be considered first. After these have been established, you can consider additional features. With such a list in your hands, you're less likely to be caught up in the excitement of the pursuit. You'll have a good idea of what you want, the features within your price range, and whether or not you can afford those additional items.
CHECK OUT DIFFERENT NEIGHBOURHOODS
Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (downtown Vancouver, Burnaby, Port Moody) and style (older and settled or brand new). Check out the neighbourhoods you're considering, and ask around. What amenities does the area have to offer? Are there schools, churches, parks, or grocery stores within reach? Consider visiting schools in the area if you have children. How will you be affected by a new commute to work? Are there infrastructure projects in development?
I can help you answer these questions and define your ideal home. I’m with you every step of the way.