Questions?  Ready to hire me to represent you?  Please contact me at mike@findcalgary.com or 403.554.2284

Looking forward to hearing from you!
 

Before you start shopping...

#1 Get pre-approved prior to shopping (not pre-qualified)
Visit your financial or lending institution prior to home buying. Quickly, you’ll know the amount of mortgage you’ll receive. Be sure to get a mortgage commitment in writing. Most importantly, you’ll tell sellers that you are a serious prospect. You’ll have less negotiating power if you have to wait for mortgage approval.

#2 Develop a needs vs. wants list 
Now that you know how much of a mortgage you are approved for, develop a list.  Begin with items you really need like adequate space, garage and number of bedrooms. For most people, basic needs should be considered first. After that, you could consider additional desires, if you can manage these benefits financially.  Also be sure to consider your future needs as it may be less expensive to meet these needs now, rather than moving up a few years later. 

#3 Be aware of your hidden costs 
There is more to a home than simply the mortgage. You will be responsible for other items including mortgage insurance, appraisal fees, legal fees, inspection fees, transfer taxes, title insurance, inspections, etc.  Preparing for this in advance will save you from surprises.