Your dream home awaits

If you are ready to buy your first house, duplex, townhouse or condo in Vancouver West, Vancouver East, Whistler,  Squamish, Downtown Yaletown, Coal Harbour, West Vancouver, North Vancouver, Shaughnessy, MacKenzie Heights, Kerrisdale, Dunbar, Point Grey, Richmond, Burnaby, Port Moody, Coquitlam, Surrey, South Surrey, Langley, Maple Ridge, Abbotsford, Bowen Island, Sechelt, Victoria or any other areas of the Lower Mainland, Fraser Valley, or on Vancouver Island,  then there are three vital tips that you will want to keep in mind as you prepare to enter into the Vancouver real estate marketplace. By following these tips, you will be in the best possible position to ensure that you really will be able to find and buy your dream home.

Perhaps the most important step that you should keep in mind when it comes to buying your first home is to get pre-approved for a home mortgage loan. By getting pre-approved for a home mortgage loan before you start looking, you will be in a far stronger position to enter into a real estate contract.

The typical home seller will be more eager to enter into a sales contract with a person who has been pre-approved for a home mortgage loan. One of the biggest obstacles to closing a real estate deal in Greater ncouver and the Lower Mainland is usually the inability of the buyer to obtain acceptable bank financing. By coming to the bargaining table with a pre-approved home mortgage, you will be able to demonstrate to a seller that you are serious about buying their home.

Another important step that you will want to take when it comes to buying your first home is to develop a specific home buying plan. If you do not have a plan, you will often be tempted off course in your search for that perfect property. A Greater Vancouver REALTOR® will help you set up your plan.

Perhaps the most significant element of a plan is to set forth specifically what you are willing to pay for a house, condo or townhouse. The failure to establish such a budget oftentimes results in a person ending up spending far more on a home than he/she can actually afford.