5 must-do’s for first-time home buyers

Happy Hispanic Couple In Front of New Home And Sold Real Estate Sign Showing Off Their House Keys.

 

This homeownership.ca article by real estate lawyer Mark Weisleder gives the essentials for the novice buyer.  Start by calculating what you can afford (general rule is 30% of gross income).  Then, figure out what is important to you and search for properties with those features.  Ask the seller about flooding, leaks, mould, insurance claims and neighbourhood problems.  Pay for a thorough home inspection by a qualified inspector and buy an after-sale warranty.  To read more click here.