HOME BUYER INFORMATION
So you’ve decided you want to stop paying rent and buy your first home. You’re not alone. With interest rates at their lowest in decades, many people have discovered that mortgage payments can be significantly lower or at least comparable to the rent they are currently paying.
When buying a home, the neighbourhood you select will not only play a pivotal role in your family’s life, but in the resale value of the property. One person’s ideal neighbourhood however may vary greatly from another’s. But, regardless, there are some needs and wants that generally do not change.
New homeowners often find there’s more to keeping up a house than cutting the grass and clearing snow from the driveway. Tools To start with, a new homeowner needs to have on hand a ‘basic tool kit’.
The one thing about participating in the real estate market that confounds most consumers is the terminology and jargon that must be learned. But, as with any business, in order to be successful as a buyer or seller, it is necessary to become familiar with certain concepts and words.