It can be a long and emotional process for first timers when buying an Edmonton house. You have to become reasonable and logical when it comes to buying an Edmonton house. Emotions can lead you astray from a proper and sound decision.
There are many options available for first time Edmonton home buyer. You just have to become aware of them. Before you take advantage of these options, here are some things you can do to avoid mistakes when buying an Edmonton house for the first time.
Educate Yourself
To truly understanding the Edmonton home buying process you have to educate yourself. Be informed about locations, neighbourhoods, house construction, loans, required documents, etc. It will take some time in order to be ready to make an educated decision.
Don’t Over Extend Finances
A first time Edmonton home buyer may not be fully aware of the costs of home ownership. After educating yourself, the second step is to get a mortgage pre-approval. If you are not pre-approved then you may be looking for Edmonton homes in the wrong price range. To know what you can truly afford you also need to look beyond what your mortgage specialist says. Expenses like food, water, electricity, natural gas, internet/tv, and other utilities etc. need to be accounted for along with savings, hobbies, travel, etc.
Priorities
By making a list of priorities when you purchase an Edmonton property, you can make it an easier time in making a decision for which Edmonton house to buy. The same also goes when you are buying with your spouse. If both of you are 100% on the same page then less complications will be encountered when the time comes to purchase.
Finding the Right Agent
It will be additional stress hiring the wrong agent so it is important to find the right one. Get an agent that you can trust, comfortable to talk with and is always there to assist you in every step of the process. Also because you’re a first time buyer then chances are you don’t know who the best sellers and resources are for your Edmonton home buying process. The agent can give you a list of names to help you with your Edmonton home purchase.
Go Reason Not Emotions
Everyone struggles with their emotions in different situations. First time buyers can be blinded by the excitement and fear of the process. Offers will be rejected and you may sometimes encounter rude people. You still have to be reasonable and not base your decisions on emotions. But at the end of the day if you feel that you have found the perfect Edmonton home then it’s yours to decide.
Do your own share of preparation work if you are going to buy an Edmonton home for the first time. Prepare for the rough waves that you will clash with when you enter the Edmonton home buying process. By preparing and doing your due diligence you can expect sunny skies along the way!
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
a
