Edmonton Home Buyer's Guide
Congratulations! on your home purchase, whether it's your first of fifth every purchase of a home is a milestone. Being a homeowner means you get to enjoy the benefits of owning, which includes building equity, saving for the future and creating a home your family can call their own. Instead of paying someone else’s mortgage, your hard-earned dollars contribute to your own, meaning the equity you earn when you pay it off will ultimately be yours.
This Home Buyer’s Guide provide a step-by-step plan to help make the process of figuring out what type of homeowner you want to be. We have also included links to connect you with even more information about house shopping, mortgages, viewing your home and more!
Pre-shopping: Before you start shopping for a new home, think about your lifestyle, what features you need and want in your dream home, determine your price range and what type of neighborhoods you prefer to live in. Ask yourself questions like: Do I need a backyard? How much space do I want? Do I drive or take public transportation to work? What’s the most i'm willing to pay ? Taking a close look at the essentials will help you determine what type of home will be perfect for you.
Arranging a mortgage: Before you start shopping, it’s a good idea to look into getting pre-approved for a mortgage, as most people require one for purchasing a home. Getting pre-approved will help you determine what your price range will be and what types of homes you should be looking at.
PRO TIP: Sellers love buyers who are pre-approved because it shows that you’re serious about purchasing a home.
Viewing Homes: Choosing a home is both an emotional and financial decision for your future. Make the most out of your home viewing experience to avoid costly future problems.
The Offer: So you’ve found your dream home and you’re ready to make an offer. Learn about the components of an offer, how it's an essential part of your purchase and how to make the whole process smooth and uncomplicated.
Closing: There’s much more that comes after you pick your home. It’s important to hire the right professionals to ensure you are legally protected and go through the process properly.
The Move: Moving into your home can be almost as stressful as buying it. Here’s some tips and tricks to make this part easier!