Make sure buying is for you.  Are rents cheap and homes costly in your city? Are you planning to move in the next year or two? Is your job looking iffy? If any of these apply, buying might not be a good move. After all, the days when houses could quickly be flipped for more money are history.

Are You Ready to Buy a Home?

First – do you have the financial resources? You should have five percent of the purchase price of a home for the down payment, but ideally even more. Are there other priorities in your life e.g. starting a new business, which require your savings? If not, buying a home should be on your radar.

Second – do you expect to stay in your new home for some time? Moving can be expensive and you will want to build some equity before having to relocate. Your job and home life should be stable.

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Benefits of home ownership?

Pride of home ownership is the number one reason why Canadians desire their own home. There is no landlord looking over your shoulder. You are able...
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Questions To Ask When Assessing Home Features

Do you need several bedrooms, more than one bathroom, space for a home office, a two-car garage?Do you want air condition...
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Location, Location, Location

How far will you be commuting and what is the traffic like? Factor in cost of fuel.Where will your children attend school...
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Noise and Privacy

Proximity to highways, driveways, parking lots, playgrounds, trains.Proximity to elevators, garbage disposal, fire exits,...
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6 Mistakes Home Buyers Make

Mistake #1.  Not Getting Pre-Qualified for a MortgageBefore looking for your next home take the time to get pre...
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Real Estate Search Process

Home Purchase ExpensesThere are many costs that homebuyers incur, especially upon purchasing...
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How to Make an Offer

When you have found a home you are interested in buying, your Real Estate Broker will walk you through the process of drafting an promi...
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Legal Needs

Purchasing a home involves a lot of paperwork, most of which are contractual documents that will legally bind you to the numerous terms...
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Home Inspection

A home inspection is an objective visual examination of a home's structure and systems.Why get a home inspection?...

Sami Saim Al Dahr

Certified Real Estate Broker

514 946 7264