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What you need to know before buying a house





Buying a home is one of the biggest investments that people will make in their lifetime.

With so much at stake, it's important to do your research before you sign on the dotted line!

In this blog post, we'll discuss what you need to know before buying a house. If you're ready for some advice from an expert, keep reading!



The first thing you need to do is figure out how much you can afford. Your mortgage lender will help you determine this, but it's important to remember that your monthly payments shouldn't be more than 30% of your income. You'll also want to factor in other costs, like property taxes and homeowners insurance.


Once you know how much you can afford, it's time to start looking for a property. You might want to consider properties that are currently on the market or those that will be going up soon. It may also make sense to work with an agent who specialises in your desired area and price range - they'll know exactly what kind of property is available!


Once you've found the property you want to buy, it's time for a home inspection. This is an important step, as it will help you figure out if there are any major repairs that need to be made. If there are, you can negotiate with the seller to have them fix these issues before closing on the property.


The crucial next step before signing on the dotted line is to consult a specialist property lawyer. They can help you make sure that the property is free and clear of any liens or restrictions, which could be problematic if they're discovered later on. Property lawyers can also look over your offer to purchase - it's possible that there are some mistakes!


Finally, don't forget to budget for closing costs. This includes things like the property transfer tax, legal fees, and insurances. By planning ahead and knowing what to expect, you can avoid any nasty surprises down the road!


Buying a home is one of the most important decisions you will ever make. It’s not something to be taken lightly or rushed into." With all that's on your plate, it can seem like an impossible feat to manage everything. That’s why we offer consultations with our team of experts who have been through these processes before and know what questions you need answered.


If you want help from us at some point during this process, just give us a call!- happy house hunting!