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5 Tips that can Make the Search for a New Home Less Chaotic and More Enjoyable

Purchasing a new home should be fun and exciting, instead of stressful and chaotic. Enjoying the process can make it go smoother, leading to better viewings, friendlier negotiations, and a great overall experience. Take a look at some of the tips that can turn your first-time buying experience into one that you will never forget, for all of the right reasons!

 

Learn About the Process

You don’t need to be an expert, but a little research never hurts. The more you know about square footage, financing, and warranties, the better. You should never jump into the process of buying a home without some knowledge. This will help you avoid the high interest rates, the costly repairs, and the overwhelming bidding nightmares. You can conduct online research, in regards to being a first-time buyer. There are also seminars that you can take, allowing you to receive guidance and tips from real estate professionals.

 

Start Small

Everyone dreams about the big house with a pool in the backyard, but most people are unaware of the upkeep expenses pertaining to luxury homes. First-time buyers should start small when searching for a new house. You can always upgrade the home, or buy another property in the future. Staying within your budget doesn’t mean you have to give up all of the features you want; it simply means that you buy a home that suits your needs and your capabilities. When factoring in costs, a smaller house is easier to maintain, allowing you to save more money. First-time homes can be good investments in the long-run.

 

Visualize the Move

“Seeing is believing” may be an old phrase, but when it comes to purchasing a new home, it is very accurate. If you are unable to picture your family moving into a home, it may not be the property for you. During the search, take the time to visualize what life would be like inside of the home, as well as the community. Drive through the area to get a feel of things, and decide if this is a location that you would enjoy moving to. Visualizing is a fun way to look into the future, without actually spending money to get there. If you are not satisfied with the area, or the home itself, you can move on to another property in a different location.

 

Start Saving

This is a step that you should take well before the search begins. If you have a savings, this could reduce the down payment on the new home, as well as lowering your loan amount. The more money you have saved, the larger your budget can be. Going into the process with the savings could make financing the property less difficult. You can also enjoy the process knowing you have saved up enough money to get the property you want, without going into debt.

 

Consult with a Sales Representative

Even with all of the research that you conduct, and the advice from family and friends, there is nothing better than having a professional sales representative with you throughout the buying process. He will help you find the best homes, narrowing down your search. All you need to give him is a list of the things that you want, and he can tell you what your options are. Sales representatives will make sure your interests are always protected, and they will work hard to get you the best deal on the perfect home for you and your family.

 

When you are ready to purchase a new home, be sure to use these tips to simplify the process. The more stress you are under, the more chaotic the buying process will be. Remember to have fun and enjoy every moment; after all, you can only be a first-time homeowner once!


Caitlin Weaver
Sales Representative
(416) 890-3017
cweaver@chestnutpark.com

Chestnut Park Real Estate Limited, Brokerage
1300 Yonge Street, Suite 100
Toronto, ON M4T 1X3

(416) 925-9191