Bathurst Blog

Few purchases in life carry that emotional weight as buying a home.  Whether it’s your first home, your dream home, or downsizing after the kids have gone, the wrong decision can have long lasting effects. Making a wise decision can greatly enhance the overall value of the investment. A few hints are:

Get your financing before you get your home: Don’t miss your dreams by not having secure funding. Knowing your limits before you shop will avoid wasting time looking at unaffordable properties, and any agent will happily show you homes in your price range. By getting loan pre-approval you’ll fully understand your ongoing commitments.

Check the community, not just the home:  Look at the entire community instead of a single home, particularly when moving to a new area; be familiar with the location, facilities and lifestyle.  You can learn a lot simply by driving around town, as well as by talking to other residents or prospective neighbours.

 Be fair with your first offer: Trying to lowball a seller on the first offer can backfire, so it’s important to carefully evaluate the local market, and to compare the asking price of the home with what similar houses in the neighbourhood.

Get a building inspection report: Compared to the cost of the average home, the price of a quality home inspection is virtually negligible.k

Raine & Horne Bathurst are experienced and ethical property agents and are ready to assist in any sale, purchase, lease or management. Feel free to call us at any time if you have a matter in mind, or call in and talk to us.