Buying a home, whether it is your first or your 21st, can be somewhat strenuous for the best of us. At the same time, this can be quite an exciting and rewarding venture.
Buying real estate in Calgary
In today’s real estate market, a buyer has to be very well versed. Not only in current market conditions but also in mortgages, negotiating, closing costs and much more.
Enlisting the services of a realtor will definitely make the complete procedure an enjoyable and stress-free venture. A seasoned REALTOR® will take all the necessary steps to walk you thru the complete buying process prior to showing you properties which is invaluable at relieving much of a buyer’s anxiety.
First time home buyer process
Initially, the very first step of the buying criteria is to get pre-approved for your new mortgage. You need to know what your maximum purchase price is and what your mortgage payments are going to be. Purchasers are well advised to either go to their bank of choice or contact a mortgage broker to walk them thru this process and get pre-approved. This now gives you a comfort level which allows you to concentrate on the specifics of the homes that fit within your criteria.
Once pre-approved, the excitement begins. Your REALTOR® will take your “wish list” and convert it into MLS search parameters. This will pull up only the type, style and price range of homes that you are looking for, in the areas you desire. You choose the homes you like and your REALTOR® will schedule viewing appointments at your convenience. You will see properties that fit and some, not so much. This, however, is very informative for comparative value when you do find that ONE, that does it. The best part of the buying process is that the buyer typically does not have to pay for all the professional REALTOR® services as the seller usually pays all REALTOR® fees.