Consumer Protection Ontario is an awareness program from Ontario's Ministry of Government and Consumer Services and other public organizations, known as administrative authorities, that promote consumer rights and public safety. The ministry and these administrative authorities enforce a number of Ontario's consumer protection and public safety laws, investigate alleged violations and handle complaints. Visit their website and learn more about Consumer Protection Ontario and how to protect yourself.
Regardless of how certain you are that you will get mortgage, it is always good idea to get pre-approved from the mortgage lender of your choice. This will officially address any questions about your eligibility, rate, terms and it will enable you to better negotiate for the property of your choice.
On this page you will find great real estate tips. Explore, learn and be prepared before your final decision and commitment.
Whether you decide to buy house now or in near future, pick an agent you feel comfortable with and enlist the services of that agent as a buyer's broker. Then you become a client with all the rights, benefits and privileges created by this agency relationship, and you're no longer just a shopper.
If you have a deadline by which you must buy, let your agent know. Also make it clear that you want the agent, not his or her assistants, to represent you.
Why Realtor - When it comes to buying a home, the most important thing you can do is have someone on your side looking out for your best interests. For a purchase as important as buying a house, you'll want to be treated fairly and kept informed of all the rules and regulations that affect you. You'll also want to be sure that you get a fair price on the home you buy. Hire a professional realtor to help you throughout the process. Realtors have the qualifications, resources and experience to find properties in your price range and homes that match your individual needs. Find out how to protect your best interests.
Finding the Home That's Right for You - Before you start searching for a home to buy, you need to think about affordable price and your housing needs both now and in the future. It is a good idea to try to find a home that meets your price range and most of your needs for the next five to ten years. Read more...
Buying a House of Your Own - Making the decision to become a homeowner is good decision since buying a home is a great investment in your future. Choosing a home to buy starts with your needs and desires and should process logically until you find something you can afford. We think this web site will help you bring into balance some of the many factors to consider when deciding how best to meet your needs through home ownership. Read more...
Choosing the Right Neighborhood - Location is the most critical factor affecting a home's value, so when buying a house it makes sense to buy in the best neighborhood you can afford. The most desirable neighborhoods tend to hold their value over time and that will play an important role in the resale value of the property and in your family's life. Find out more about neighborhood.
The Importance of Home Inspection Before Buying - A home inspection accomplishes two important goals. First, it gives you a chance to determine the condition of the house, its structural soundness, and the condition of its mechanical systems. Second, it brings any problems to the seller's attention at a time when they can be resolved before closing a sale. Find out more about home inspection.
Buying a Home: What You Can Afford - If you're thinking of purchasing your first home, you probably have a lot of great ideas about what you'd like, but sometimes you need a balance between your "wish list" items and practical realities of the property, location, housing market, and financial reality of what you can afford. So take some time for a reality check and find out what you can afford.
Realtor.ca - Browse popular real estate website with high quality listing data, tools and resources to help you learn about the listed commercial and residential properties that may interest you. This Canadian real estate website also hosts profiles and contact information for all Canadian REALTORS®.
Familiarize yourself with the fundamentals of real estate before you invest in your first property.
Make sure your information is up to date. You have to know and be realistic about today's real estate market.
Location matters, so before you buy any real estate property, ensure that it's in a good location.
Regardless of how certain you are that you will get mortgage, it is always good idea to get pre-approved.
Keep in mind, the commission is always negotiable upfront, before you sign a contract.
If you are working with agent, make it clear that you want the agent, not his/her assistants, to represent you.
Before you buy any real estate property, have it inspected by a professional home inspector.
If you are buying property with a partner, have a proper partnership agreement to protect both of you.
Make sure you read your listing or buyer’s agreement carefully before signing it.
Don’t skip the final walk-through to make sure that everything is done properly, and that the items you agreed should stay are still there.