If you have been looking for a home, it is best to be prepared before it is time to put in that offer. Our Team has the following suggestions for you:
Real estate team
Before you start looking for a home, you need a real estate team in place that can negotiate for you and who will put forward an offer that meets your needs.
Trying to negotiate the purchase of a home yourself can be an “accident looking for a happening”. Emotions get in the way and sometimes you lose the house or upset the sellers. Our Anne Winch Real Estate Team has the expertise and knowledge to negotiate for you. You need a cool head and a Team that will fight hard on your behalf.
Plan your expenses
Crunch the numbers and find out what you can afford, including the price and expenses you will have. This should include approximate monthly payments (principal, interest, and taxes), deposit, heating, groceries, insurance, etc. Have a rough estimate of what you can afford, as this will make it easier in the long run before you purchase.
Value of the property
Prices have been up and down lately. The past few months have seen significant changes in the cost of housing where sometimes it is hard to determine a good home value. Have your real estate team compare homes that have sold recently in the area where you wish to buy.
Check out the neighbourhood
If you are interested in a home, it is best to have a couple of viewing at different times of the day. Drive around the neighbourhood and get a feel if this is an area that suits your lifestyle. Check out if there will be any upcoming developments in the area.
Buying rural?
If you are purchasing a rural property, it is best to check a few things:
- If you are working from home, check if there are internet blackout zones that can cause low signal or connectivity in this area
- Always get an inspection of septic and water
- Home insurance can be more expensive due to the distance from fire hydrants and fire stations
- Find out if there has been excessive flooding in the area
- Check the drainage around the home and if the property is properly landscaped so that any water will flow away from the home
We can help!
Our Anne Winch Ottawa Real Estate Team has many years of helping clients with the purchase and sale of their homes. We can find out real estate price histories in the area and if the home is priced well and what may motivate the seller. All these factors are important when we are negotiating for you. Communicating the best offer or conditions is very important also. We will be with you every step of the way.
Since we will be in close conversations with the seller’s agent, we also know what motivates the seller and what we need to do to close the sale. Rest assured that we will be working with you to help you purchase the home you want. Contact us and let us take the stress out of the negotiation of your next home purchase.