Buying a Comox Valley home is not like buying something like a car. Why? Because different laws apply to real property and these laws change and get updated on a regular basis. For example, when you buy a Comox Valley home you are taking a chance that the listing is correct and that it provides you with all the information you need about the home and property. Unfortunately this is all too often not the case. Do you know that if you buy a home with an illegal suite you risk having the local municipality order you to remove it at your own expense?
Brett has helped many buyers from first time to very experienced buy homes in the Comox Valley. He has expert knowledge of the area and is an award winning Realtor. Contact him to be your guide and Realtor to buy your next Comox Valley home.
Comox Valley Home Buyers
As a Comox Valley home buyer are you aware of things such as:
- The BC government programs that may be applicable to your Comox Valley home purchase.
- The home buyer information information available from the Canada Mortage and Housing Corporation.
- The mortgage loan insurance from CMHC, Canada Guaranty, and from the Financial Consumer Agency of Canada that you could use as a real estate buyer.
- The Property Transfer Tax that applies when you purchase or acquire an interest in a real property in British Columbia
- The tax implications associated with a non-resident purchase of Comox Valley real estate.
Sometimes people start looking at homes and inside homes before they deal with their own personal financing. This is not a good thing. It is important to know how much money you can afford to spend on a home before you start looking for a home. Think of it this way. You just found the home that meets all of you real estate needs and some of your more important wants. You then decide to put an offer in on it. In doing so, you find out that you do not qualify for the amount of money that you need to buy the home. When this happens you are dealt adversity and disappointment. Why not avoid this by taking the following steps:
- If you have a Comox Valley home to sell, place it on the real estate market to sell before you start looking to buy your next home.
- Get financially pre-qualified (and perhaps also pre-approved) using a Comox Valley mortgage broker. If you are not sure what the difference is between the two, contact Brett and ask him to guide you through this process.
- Begin casually looking online for your next Comox Valley home to get a sense of what is available and in what price range.
- After you home sells (meaning when you have an accepted unconditional offer) contact Brett and let him know.
As a buyer, are you aware of the difference between a mortgage broker and a mortgage officer with the bank that you currently deal with?
The RE/MAX Fit to Buy Program is a compilation of tips for Comox Valley home buyers. Watch the RE/MAX Fit to Buy Video and see if you are prepared to buy.