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Tuesday, March 17, 2015

By Lena Stephenson


Finding the right house to purchase, is like going on a shopping exercise. You always need to begin by identifying what you want, and then doing some research on it. Always make sure you have carried out enough research on the available homes for sale in Oakville before making any offers to the sellers.

The first step is to begin by knowing yourself thoroughly. You need to understand the kind of home that will best meet your housing needs. Establish whether you would prefer to live in a house that is new, or one that has been in existence for some time.

Take your time to research on houses that are located nearby. Use this time to establish the kind of amenities they all come with, and compare this with what you want. This will help ensure that the decision you make is one that is informed, and guided by facts.

Make sure to get your finances in order. Many lenders state that it is possible to afford a house that is at least two to three times more than your gross income. Be sure to create a budget to help with the shopping.

Come up with your moving time line. Factor in the time you need to sell your current house, in order to get finances to purchase the new one. For those leasing their current houses, they need to establish when their lease will be coming to an end.

It is always important to think long term. The kind of plans you have for your future will dictate the kind of house you will buy. Ensure you purchase a property that you will be comfortable residing in, for the next four to five years without getting the urge to sell.

Always work with a realtor. The work of an agent is to help you the buyer find your dream house. You should therefore make sure that you hire an agent who will help you find a house that is best for you and the kind of plans you have for your family.

As a buyer, it is okay for you to be picky about the home or neighborhood you would want to buy into. However, you should not be close minded. Being close minded will mean that there are very good chances of you missing out on your dream house.

Buyers will always feel the need to seek a second opinion. However, it is very important that you limit the number of opinions you seek for. Too many opinions will make you to become undecided. If you are to seek an opinion, limit it to two or three.

It is extremely vital that you have any house you want to purchase inspected. The inspection can be a good tool to establish whether this is the right investment or not. As such, be sure to call in a home inspection professional to go through the residence and establish whether there are any problems with it.




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