Barrie Real Estate

4 Tips for Buying Real Estate in Barrie

Buying real estate is a big step. There are so many small details that need to be taken care of that you can't afford to not hire a realtor. A realtor is someone who will be on your side throughout the entire process - even when bargaining time rolls around. Of course anyone can tell you that you need a good realtor to get the deal you want, but there are also some other things you should keep in mind as you search for that piece of real estate property that suits your needs perfect.

  1. Get your financials ready first. The very first thing you should do (even before you hire a realtor) is get a clear head of what your financials look like. Start by checking your credit score and then do some research to see what kind of interest rate you can expect according to what your score is. Then set your budget firmly. It is important that you don't allow yourself to go over this budget because you are setting it before the emotions have gotten involved.
  2. Get pre-approved for a mortgage. Once you have done your homework and you know that you're eligible for a mortgage, it's time to shop around. Some types of lenders will offer better rates than others. It is much better to get pre-approved for a mortgage before you have your heart set on a particular piece of real estate. Your realtor may be able to point you in the right direction if you're wondering which lenders typically have better rates than others.
  3. Make a list of priorities and non-negotiable items.  These are the items that you absolutely must have in the real estate you are looking to buy.  You aren’t willing to waver on any of these items, no matter how great the sale price is or what the property looks like.
  4. Before signing on the dotted line, have an inspection.  When you finally are about to reach the finish line in your quest for real estate, make sure that you have an inspection done.  This will help ensure that the property you are purchasing doesn’t have any major problems with it.

Your Choice Realty has all the tools you need to find the perfect real estate for sale in the Barrie area. For their realtors, it’s not about getting the sale. It’s about getting their customers the real estate they always wanted.