Searching for a new home is exciting, but it’s also stressful and overwhelming. When you first start your search you’re going to be faced with hundreds, even thousands of potential properties, and it can be really hard to know where to start. It’s vital to get educated on the local market and take the right steps to narrow down your priorities to get the home you have always dreamed of owning. Follow these important tips to find your new Maple Ridge real estate and get into the new house of your dreams as quickly as possible.
Tip 1: Establish Your Budget
Knowing what you can spend is one of the most important aspects of buying your home. Before you even start looking for houses, go through the pre-approval process with a few lenders. See what rates you can get, and the amount you can get in a mortgage. A pre-approval letter from a lender will speed up the process of buying significantly, as well as giving you an idea of where to start your search in terms of price point.
Tip 2: Get to Know the Neighbourhood
Know the neighbourhood where you want to buy. Do some research, check out the school systems, community festivals, local amenities and culture and more. Get to know the demographics, the crime rate and the type of setting. Is it a rural area, suburban, or urban, and how does that fit with your needs?
In this day and age, it’s good to understand how homeowners associations, or HOAs, work and how they affect the house you buy. These are becoming more common, and their rules and restrictions can have a major effect on everything from how often you need to cut the grass to what colour you can (and must) paint the house. They’ll also charge a fee for the privilege of managing your property for you. Membership is usually mandatory.
Tip 3: Don’t Be Afraid to Start Searching
Your realtor is going to be a major resource and ally in your home search, but that doesn’t mean you can’t search on your own. In fact, looking on your own can be a big help to your real estate agent. It helps them to augment their own work for you as well as giving them a solid feel for exactly the kind of house you’re seeking. Hit the web. Use your realtor’s website and any other resources to start searching in the neighbourhood in which you’re interested. Build a list of homes!
Bonus Tip: Work with a Maple Ridge Real Estate Agent
It’s also important to work with a qualified and licensed realtor who knows the area where you’re looking to live. Working with the right real estate agent to find homes in the area can provide you a great deal of expertise on the region, the people, the amenities and the homes available. They can also help you through the more confusing aspects of purchasing a home.
There’s no time like the present — contact Maple Ridge Real Estate to learn everything you want to know about this region and find your dream house today!