Helpful Tips Mortgage

How to Find Your Perfect Home in Ottawa

calendarJune 14, 2019

peopleThe Mortgage Advisors

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Ready to jump into homeownership? Before you take that leap, it’s imperative to take some time to carefully consider all of the factors that you’re looking for to identify the best home to suit your needs and lifestyle. By fully understanding your list of wants and needs, you can be better equipped to obtain the home of your dreams for you and your family. Learn how to find your perfect home in Ottawa with these experts tips below.  

Determine Your List of Wants vs. Needs

Do you know exactly what you’re looking for in a home? Many first time homebuyers get swept up in the excitement of this major life decision before really sitting down to understand what they’re looking for. We recommend devising a list of what you need before beginning your search. Think about important factors such as size, bedrooms, location, surrounding schools, amenities and the commute to and from your place of work. Then, once you have that nailed down, consider your wants. Things like a big backyard, proximity to parks, or a finished basement can be extra perks to consider but should be compromised based on your priority needs. Having this clearly outlined will help expedite the house hunting process and make it much easier overall.  

Get Pre-Qualified

Next up is understanding how much you can afford to spend on your new home. A financial or mortgage advisor will assess your current financial situation and establish an estimate of how much you can manage each month. It’s also beneficial since it shows lenders that your credit and documentation have been verified and approved.  

Find a Reputable Realtor

Buying a home is one of the biggest investments you’ll make in your lifetime. That's why this major life decision requires a good, reputable realtor to help you navigate through the process. Finding the right realtor can make all the difference since they’ll be your initial eyes and ears for scoping out potential homes. They’ll have the experience and expertise to pinpoint potential properties that fall within your specified parameters. Plus, they'll have special access to unlisted properties that you won't be able to find on your own. This is why it’s always imperative to search around, ask family or friends for recommendations and research reviews. You want to ensure that you’re employing a realtor who is dedicated to finding what you desire and will deliver the assistance and guidance for writing offers and acting as your trusted liaison. With several offices located throughout the Ottawa area, we can help you navigate through the mortgage process. We’ll work with you to find the best options so you can find your perfect home in Ottawa. Get in touch with us today!
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