Real Restate Resources
BUYING A HOME: YOUR NEEDS AND WANTS
The current combination of attractive mortgage rates, home buying incentive programs and a wide selection of homes from which to choose means now is a great time to consider buying that first home or moving to something that better serves your needs.
Location, location, location
Location is one of the most important factors in making any real estate
purchase. For example, if you
work in downtown Victoria and you are comfortable with the idea of commuting,
you might want to
consider buying a home in one of the outlying communities where lots may
be more picturesque and
peaceful. On the other hand, living closer to the city centre often means
a short commute to work
and easy access to shops and entertainment facilities.
When focusing on location, you will likely want to consider other important factors like the proximity of schools, access to public transit and shopping facilities, etc.
Identify features you need and want
Once you have decided on the location you prefer, it is time to identify
your needs so that you can
zero in on the home of your choice. For instance, if your family is outgrowing
its present apartment
or home, you know you are going to require something bigger and more comfortable - possibly
with
more bedrooms and a second bath.
In addition to your needs, you should also consider your wants - things you would like to have if you can afford them and if they are available. Remember, the time you take to think about these things now will prove invaluable later during your discussions with a REALTOR.
Matching needs and wants with available properties
With access to the Multiple Listing Service® (MLS®), a co-operative
listing system that offers
maximum exposure of homes listed for sale, your REALTOR can draw up a customized
list of homes
that as closely as possible match your needs, wants and budget in the locations
of your choice.
Take your lifestyle into account and the things that could enhance or detract from your daily enjoyment. Then add these preferences to your needs or wants shopping list. Your REALTOR will be pleased to arrange for you to see the homes for sale that appeal to you the most and will offer invaluable guidance throughout the home-buying process.
Remember also that all of the properties listed for sale on MLS® can be viewed on the Internet at www.mls.ca.
If you are serious about buying your dream home, contact a REALTOR - they are in the business of helping make the dream of home ownership a reality.
This information is provided by the Victoria Real Estate Board for the information and benefit of consumers.