Buying Smart

During the process of buying a home, you'll unearth countless questions. I know how difficult it can be to sift through all the details in order to find answers relevant and meaningful to you. I've put together the following series of tips and advice that provide clear, concise and useful information on a wide range of issues related to real estate buying. Here you'll find tips on how to save money, real estate insider secrets, home inspection, and much more.

I'd be happy to personally answer any other questions you may have. Remember, I will put my marketing expertise into work for you every step of the way!

First things first

When you start thinking about buying a home, try to identify the reason of your decision, as it will help in your search. Are you buying a home:

      • to stop paying rent?
      • to start building equity?
      • to have your own place?
      • to raise a family?
      • to entertain your friends and family?
      • to downsize?
      • to move up to a bigger house?
      • to generate additional income?
      • to make an investment?

Then, list your “must haves” and “want to haves” of a home you'd like and, of course, the location. What home style are you looking for; how much space do you need; how many levels in a home; newer or older home – these are just a few considerations when thinking about the kind of home you would like to buy. 

For location, always consider:

  • the area (city, suburban neighborhood),
  • community (north, south, east, or west side),
  • neighborhood (older/settled or new subdivision,
  • school zone,
  • amenities and recreational facilities,
  • other community services, such as transportation, day care, library, stores, entertainment),
  • commute time to work, school, etc. Ask yourself how many minutes you are willing to commute to your everyday locations.  

Financing

Before buying a home, you should also get pre-qualified with a mortgage company. Discuss your situation with a mortgage specialist. 

Contact me and I will refer you to a mortgage professional that has an excellent reputation and track record for successfully acquiring loan approval for his/her clients. Check and compare mortgage rates from different mortgage providers on my website. 

Fill out the Home Finder form and let your Real Estate Marketing Expert work for you to find your dream home.

WHY YOU SHOULD HIRE A PROFESSIONAL?

In this age of technology and internet, we all think that using do-it-yourself videos, internet search, and other web resources, we could do anything ourselves. Watch this video by The Canadian Real Estate Association (CREA), confirming the fact that when it comes to something important like buying or selling a home, you're better off trusting a real estate professional. Once you decide to work with a real estate agent, ask them to put their commitment in ink by signing a Buyer Representation Agreement (B.R.A.).


Look It Up WEB 60 seconds

MORE ADVICE 

Ask your Realtor to put their commitment in ink. Ask them to sign a B.R.A. 

Buyer Representation Agreement (B.R.A.) is Your Agent’s commitment put in INK.

Benefits of a Buyer Representation Agreement (BRA)

  8 Mistakes to Avoid When Buying a Home

You've been saving for awhile, weighing your options, looking around casually. Now you've finally decided to do it - you're ready to buy a house. The process of buying a new home can be incredibly exciting, yet stressful, all at once. Where do you start?

  Buy or Sell First?

If you are considering looking for a new house, and are a current home-owner, then chances are you're wondering what your strategy should be: do you wait to find the perfect new home before you put your current home on the market, or do you sell first and then look around? You have a few options. Use the following as a guide to explore what might be the best move for you.

  Buying a Home: Closing Costs & Expenses

Budgeting for a new home can be tricky. Not only are there mortgage installments and the down payment to consider, there are a host of other - sometimes unexpected - expenses to add to the equation. The last thing you want is to be caught financially unprepared, blindsided by taxes and other hidden costs on closing day.

  Home Inspections: Top Ten Problems

Each homebuyer has different ideas of what will constitute the ideal home for them, these notions often based on particular aesthetic preferences. But one thing that unites all potential homebuyers is the desire to find a home that is fundamentally sound - in areas beyond the immediate sweep of the eye - and that will provide a safe, comfortable, and efficient foundation for their life behind a new door.

  How to Set an Offer Price

There is no set equation to determine how you'll reach an offer price. Rather, the process involves a range of research and comparison that will vary with each situation. You'll need to look at sales of comparable properties, and factor in additional data such as the condition of the property, the current market, and seller circumstances. With this information in hand, you will be able to determine a fair price range and, from there, establish the price you're willing to offer.

  Know the Market before You Buy

The asking prices of most homes on the market indicate the current state of the market, and usually mirror the prices for which other similar homes in the area have recently sold. In deciding upon a selling price, a home-seller must establish a balance between the desire to draw the highest offer and finding a price that will be reasonable enough to attract an appropriate pool of prospects, and competitive offers. While most selling agents counsel their clients to consider this equation when pricing their home, keep in mind that some homes are not properly priced.

  7 Things to Look for in a New Neighbourhood

Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you'll make in the home-buying process; your choice of environment will affect the way you experience your new home.

  Stop Paying Your Landlord!: Own Your Own Home

The thousands of dollars in rent you've already paid to your landlord may be a staggering figure - one you don't even want to think about. Buying a house just isn't possible for you right now. And it isn't in your financial cards for the foreseeable future. Or is it? The situation is common and widespread: countless people feel trapped in home rental, pouring thousands of dollars into a place that will never be their own - yet they think they're unable to produce a down payment for a home in order to escape this rental cycle. However, putting the buying process into motion isn't nearly as impossible as it may seem. No matter how dire you believe your financial situation to be, there are several little-known facts that may be key to helping you step from a renter’s rut to home-owning paradise!

  Tips for the Moving Process

It's official: you've signed the papers, dotted all the i's and crossed the t's - you own a new home! You've almost reached the end of your journey. However, now, faced with the daunting task of moving, it may seem as though the journey has just begun. Moving can be a time-consuming and stressful experience if you let yourself be overwhelmed by the job. Remember, though, having a successful move means taking care of the details, one by one. If you break the process down into steps and arrange your time accordingly, you can make it manageable.

  Top Legal Mistakes to Avoid

The process of buying or selling a house seems to involve a million details. It is important that you educate yourself on as many parts of this process as you can - this knowledge could mean the difference of thousands of dollars in the long-run. The legal issues involved in the process are often particularly intricate, ranging from matters of common knowledge to subtle details that might escape the untrained eye. Any of these issues, if not handled properly, could develop into larger problems

  Mortgage & Tax Calculators

Check out some current tools I have prepared for you, including mortgage, payment and down payment calculators, as well as the land transfer tax calculator. 

BUYING ADVICE - VIDEOS

A Complementary Guide on Home to Buy Your House Smarter


Home Ownership: The True Costs of Home Buying


Finding a Home



Finding the Right Neighbourhood for You


Patterson

Nice neighborhood. close to all amenities

Patterson, Vaughan
VERY nice neighbourhood. close to all amenities
Vaughan, Vaughan

Patterson, Vaughan

City area: Vaughan
City sub-area:
Avg. house price: $600,000
Avg. condo price:
Avg. land price: $700,000

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

nice neighbourhood. close to all amenities

Current Listings
Not logged in
Login with:
To see current listings, please login or signup above.

Lilit Hakobyan

Sales Representative

Direct: 647-367-7010

Office: 905-731-2000

results@lilithomes.com

  Thinking of
  Request Free Home
  Book Free Home
  Contact Me