Business Broker Services

We are Ontario Registrants and Brokers with a geographic focus. At ProClient Brokers, our business brokerage team is dedicated to helping business people selling or acquiring businesses. Owing a business with success is having a well thought out exit strategy. ...read more

Real Estate Services

We are small but efficient brokerage located in Milton, ON. We provide residential and commercial real estate buying and selling services with innovative solutions to our clients. ProClient Brokers service Toronto and Area. Contact us for all your property needs

Jul
26

Real Estate Advice For Budding Property Tycoons

By

>>Real Estate Advice & Buying Tips

Buying a new house or property is one of the biggest investments you will make and should be taken seriously. And these days, saving money and finding a good deal is more important than ever. This article has several tips that can help you save money buying a new home.

  • Owner Financing

If you are not able to secure traditional financing in order to purchase a home, you may consider looking for real estate that has owner financing, also called vendor take back. Owner financing allows the seller to sell you the property on their own terms and collect a payment from you each month. They get not only the purchase price, but the interest as well.

  • Storage Space

All home buyers need storage areas, so closet space and storage space is very important. Walk in closets are very useful and desirable in bedrooms. Look for extra storage for towels, linens and bathroom items. Extra storage usually makes the home more desirable and easier to sell.

  • Get Home Inspection Done

Coordinate with the seller for a professional inspector to visit the home to really look things over thoroughly. Make plans to meet your inspector at the home so you can accompany him through the entire procedure. It will help you to understand the results that are in the report better.

  • Attend Properly

When purchasing an investment property, either purchase it close to where you live, or hire a property manager. You want to be available, or have someone available, if there is an emergency. Prompt response to calls can help you to establish a solid reputation, and keep your renters happy.

  • Right Time to Buy

Buying a home has become a lot more affordable in recent years. Although home prices have gone up tremendously in Canada but at the same time the interest rates on mortgages are at historically low levels. Now is the time to look for the home of your dreams and there is a great chance for you to get it at a great price.

  • Care About Credit Score

Look into your credit score and history before applying for a mortgage. If you find that your score is less than 620, you may want to rethink buying a home at this time and work on building that score up to at least, 690. The better your credit score, the better interest rate you will get on your home.

As stated before, buying a new home is a serious investment and one in which you should try to save as much money as possible. If you follow the tips in this article, finding a great deal in the market will be easy. Hopefully you will find a great house at a price that won’t break the bank.

Comments are closed.

Subscribe to ProClient Official Blog

Get the latest updates delivered via email

Categories

Archives