Work with people during such an important time in their life, like when you are buying a house it is a huge responsibility, and I love it. It is a very good feeling to help out someone to find their home and guide them throughout this process, that is not an easy one. It can be very challenging sometimes and it is our privilege to help you out to get your so desire home. Today I want to talk to you about some very important steps that you need to take in order to have a smooth process.
Let's review some of them right now. You need to make sure you are ready to buy.
DETERMINE HOW MUCH HOME YOU CAN AFFORD
This is one of the most important for a responsible homeownership. The last two years the government of Canada has introduced several changes in the legislation in order to make sure our economy continues strong and you will be able to keep your house. In our website, you also can find a calculator to help you out to verify your mortgage affordability. We will discuss Mortgages in another post in a near future.
BUILD A MONTHLY BUDGET
Now that you know how much of a mortgage you would get approved you can know what would be your regular payments. Also, take in consideration your other expenses.
IMPROVE YOUR CREDIT SCORE
First of all, start finding out your credit score. You can do that ordering a credit report from either Equifax or TransUnion. Take a good look on your report and see if there is an error that needed to be fixed. Because it is going to be very important when you are getting your mortgage. If you want just send me an email, text our WhatsApp message and I can forward to you some very good tips to improve your credit score.
Some important ones:
+always make payments on time
+ pay down your debt. avoid using more than 35% of your available credit card and lines of credit
GET ON OUR WEBSITE AND START DOING SOME RESEARCHING
Our website has a cutting-edge map search and some of the most powerful tools to search your properties. You can draw a custom map, refine a search by some keywords, and utilize the most advanced filtering system to locate your dream home.
FIND THE REALTOR THAT IS RIGHT FOR YOU
CHECK IT OUT
We have a very nice 12 steps guide to buying your home on our website. You just have to log in to www.wagnerandrosadasilva.com go to the visitor's tools and then select buying tips and it is the first one. You will have all those 12 important steps very well detail for your benefit.