Wednesday, July 28, 2021

What to look out for while purchasing your next house in Calgary?

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Are you looking to purchase your first house in Calgary?

A house is one of the biggest investments you will ever make, it is also a huge milestone in your life- which is why the process can be both overwhelming and confusing.

But you don’t have to worry at all, this is where we come in!

Having collected all the relevant pointers as builders in Calgary, we can help you through the daunting process. Here’s all that you need to know and do while scouting homes in Calgary-:

Decide on your budget
Before you start looking for your dream house in Calgary, you must consider various mortgage options in regards to the type of property you want. Since mortgage on one type of property might be more stringent than the other, it’s important to get pre-approved.

Other Costs
Apart from mortgage payments, there will be other expenses that you must consider. For example, utilities, taxes, maintenance or upkeep. Especially if you’re buying an older home, make sure you have refurbishment costs covered.

Envision the kind of house you want to buy
After you’ve decided on the budget, figure out what kind of home you want. With so many options on the market, it can easily get confusing.Here’s what you should keep in mind, while narrowing down options-:

The number of bedrooms:
Just moving in with your partner?Down the line will you be living there with your family? Or do you want to live alone? Make sure you carefully consider your needs before you go looking for options

Personal Preferences:
Want a big backyard? Or an open verandah? Or a dedicated office space? If you’ve got any specific preferences, ensure you communicate this to your real estate agent.

Finding the right location
The right location is just as important as your ideal home. There are many factors that would help you make this decision.

For example: Would you prefer to have your friends/ family live nearby? What amenities/ facilities would you want to have at a walking distance (hospital, mall etc.)?

It’s important you explore the neighborhood area, before you finalize anything.

Take your time and wait for the right financial market
Buying a home is a long-term commitment, so it’s important that you’re able to hold it for at least a few years. Also make sure that the community is the right-fit for not just the present but for your longer goals too.

Make sure you’re more open and realistic about your options to your real estate agent.

Don’t move in without a home inspection
Some buyers might skip on this step, and it surely will amount to some delay on moving to your new Calgary home but it’s important to go through with it.

Home inspection at the right time can save you thousands of dollars on repairs and refurbishments.

Still find the whole process a bit complex and not sure you can figure all of this out on your own? Contact our teamif you are looking for builders in Calgary, and we will make the process a lot easier & hassle-free.

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