Some people are content with renting their whole lives. They like the idea of having no permanent ties to their Windsor zip code and being able to move on, hassle free, whenever they feel like it.
For others, though, there comes a time in life when they feel the urge to buy a home of their own. Maybe you start combing over the Windsor Ontario real estate listings looking to get a first foothold in the real estate market. Maybe you are thinking about starting a family, and want something larger for the future. Maybe, you are tired of giving money to a rental company every month and want something to show for those checks.
Whatever your reasons for wanting to buy a house or condo for yourself, you have decided it's time to buy. But just how do you get started? Here are some tips to get you pointed in the right direction.
Find an Agent
Our access to mass information over the Internet today has led to a decreased emphasis on the importance of many professionals, and real estate agents are one of these groups. People can find Yorkville condos or Windsor bungalows with just a few words typed into Google, why contact an agent?
What you may not realize is that agents have access to a lot of information that lay persons do not. In Canada, they are the only people with full access to the country's MLS. In addition, they have the training in real estate law and procedures to ensure that clients do not get taken for a ride when they go out to buy. If you have ever purchased a used car in a deal that went sour, imagine how much worse that feeling is when you buy real estate in London or anywhere else for ten times that money and find out you've been had!
Set up your Finances
While you may choose to do this on your own, another area in which a real estate agent can help you is in getting set up for your loan. Most of us don't have access to enough ready cash to buy a new Toronto condo outright, and we need to take out a loan. An agent has the contacts to get the ball rolling right away; he or she can hook you up with a loan company and get the pre-approval process started.
Decide what you want
The last step in your pre-shopping phase will be deciding what type of property you want. Do you find the idea of Windsor townhomes, Toronto condominiums, or Mississauga detached dwellings most appealing? What kind of features are you looking for in your new home? Make a list and make sure to let your agent know exactly what you are looking for!