Okanagan Realty Home Buyers Guide
While it is true that real estate deals can happen in Kelowna and the Okanagan area within a few hours of a new listing, in most cases finding the perfect home doesn’t happen in one day. But knowing that the Okanagan Real Estate market is quite volatile right now, it is important to note that there are a number of things you can do to simplify the process of buying your Okanagan home. These include defining financial constraints, potential neighborhoods and the features you want in your home.
Our Home Buyers’ Guide will provide you with tips on what to consider when buying your next home. Whether it is a first time purchase or you are moving into another home it is best to ensure that you’ve weighed all the options.
Important things to consider as a home buyer:
- What type of property are you looking for?
A single-family detached home or a condominium? It depends on your lifestyle. Where the single family home might be attractive to many people because it provides more living space and land, a condominium might be preferred for those who want maintenance-free living.
- Where is it located?
This affects your day-to-day living and could have the most influence on the price you pay. Even if location isn’t a concern, make sure you consider such things as distance to work, schools, shopping and entertainment.
- Is there anything specific you are looking for?
Do you need an extra bathroom, a garage, a fenced backyard, or lower utility bills? Do you want a fireplace, a short drive to work, or maybe minimal yard work? Once your list is complete, decide what is most important to your lifestyle.
- Some other things you must consider:
What type of plumbing does the house have? How about it’s electrical system – is it up to date and current? How much maintenance does the yard need? Is the roof sound?
At Rom Realty we can help you look at all these questions and more to find the right home or property to suit your needs and wants.
And once you have found the home you want, there are even more decisions to make and questions to answer. Questions such as:
- How much should you offer?
- Are there conditions that will need to be satisfied to complete the sale?
- If you currently own your own home, do you have to sell it in order to purchase a new home?
- Are there mortgage terms which rely on your offer to purchase?
- How much of a deposit will be required to make an offer?
- Has an inspection been completed?
You also need to employ the services of a good attorney to help convey the home, so that the title of the home is transferred properly.
With all these questions, you can be assured that the qualified realtors of Rom Realty can help make the purchase decision a smooth one.
Whether you are a first time home buyer, looking to upsize your current arrangements or downsize because of familial changes, we can help you.