3. Shop for homes
When shopping for properties, you can hire a real estate agent to find homes in your price range. Afterwards, you can start touring properties. When viewing homes, take a checklist with you to help you remember the details.
Check important aspects such as water pressure and electrical systems. Be sure that windows and doors open and close properly. Also, don’t forget to pay attention to the neighborhood as well as access to parking. It’s also beneficial to check the property’s proximity to stores and public transport.
4. Get a home inspection
After choosing a house, make an offer. Once it’s accepted, you should get a home inspection. This is important because it helps identify any potential issues. Inspecting the property will let you know about structural damage or safety concerns that might require repairs.
If serious problems are found, you can renegotiate the offer or back out of the deal without penalty.
5. Close the deal
After the inspection, you can choose to close the deal if you’re satisfied. You’ll also need to select a bank or mortgage lender. To help you with this, you can engage the services of a mortgage broker. If you don’t have one, check out the top mortgage brokers in our Best in Mortgage page.