Found 3 blog entries tagged as buying a house.

Purchasing a home in Canada is a significant financial and personal commitment. To navigate this complex process effectively, it’s crucial to assess your needs, desires, and financial readiness. Jag Sidhu, a seasoned real estate professional, advises potential homebuyers to consider a comprehensive set of questions to ensure they are making a well-informed decision. Here are ten essential questions to guide you through the home-buying journey.

1. What is my financial readiness?

Begin by evaluating your financial health. This includes understanding your credit score, total savings, existing debts, and the amount you can afford for a down payment. It's crucial to also consider ongoing costs beyond the purchase price, such as property taxes, home…

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Buying a house is a significant decision that involves various stages, each with its own timeline. From the initial search to closing, the entire process can take anywhere from a few weeks to several months, depending on market conditions and your preparedness. Here's a step-by-step breakdown of how long it typically takes to buy a house.

1. Saving for a Down Payment (Several Months to Years)

Before starting your home-buying journey, you need to save for a down payment. In Canada, the minimum down payment can range from 5% to 20% of the home’s purchase price, depending on the property value. How long this takes will depend on your income, savings habits, and financial goals. Many buyers spend months or even years preparing their down payment…

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You've found the perfect home, but before you make an offer, there are some things you should look out for when viewing a property.

1. Check the roof:

If you're lucky enough to have your inspection done on a sunny day, this should be easy. However, if you're in a rainy part of the country – or it's just been raining – then getting a good look at the roof may be difficult. If you have any concerns about the roof's condition, ask your estate agent to arrange a private viewing so that you can get up high and take a look.

2. Check the Gutters

You might think that gutters don't need much attention unless they're overflowing with leaves and debris, but this isn't true. The state of your gutters will tell you about how well maintained your roof…

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