Tips for First Time Home Buyers

Cambridge KW Real Estate Blog

So you’re all excited and you’re starting your search for that first dream home. Before you embark on the home buyer’s wheel and discover all the stress that can build up in that query take a deep breath and consider these useful tips:

DownpaymentDown-payment~You most likely have accumulated a good down payment as you are smart and educated and you’ve probably Googled to find out all the information on home buying. What Google cannot do for you though is negotiate the right price for you. Your Realtor – Dale Dyer – will do that for you. You should aim for a 20% down payment even though you might not use it all. You can also use up to $25,000 of your RRSP for the down payment of your home if you are a first time buyer.

Pre-Approval~You should find out from the banks or an independent Mortgage Broker – like Dale Dyer…

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