FAQ
Am I Ready to Be a Homeowner?
Having a job that gives you steady earnings, a good credit score, and some savings for a down payment and fees may mean you are ready to purchase a home. I can help you familiarize yourself with the steps and outcomes of buying property for the very first time.
Is Renting or Buying Better?
Your aims will play a big role in the decision. Making a home purchase in Edmonton is a solid long-term choice, but renting gives you more freedom in the short run. I am able to assist you in reviewing different aspects based on your daily life, costs, and what you hope for in the future.
What Is the Lender’s Formula?
Most lenders take into account your GDS and TDS ratios to decide the maximum loan amount you can get. The details to include are your earnings, what you pay out, and how much debt you have. I team up with mortgage advisors in Edmonton to support you in seeking the proper advice.
What Do I Look for in Homes?
Make sure to look at the area, think about expenses, check the house’s structure, make sure it’s in good condition, and consider future needs. I always assist my clients in determining what the property is worth and if it has a promising future on the local market when they are buying in Edmonton.
Do I Need a Home Warranty?
Although not necessary, a home warranty can offer extra security, mostly for houses that are a bit older. It deals with repairing things such as heating, plumbing, and appliances. I can advise if the home or land works for your Edmonton real estate purchase.
What Should I Expect at Closing?
When the sale is approved, you’ll sign all the last official documents, pay the down payment, and begin owning your home.
Since I am your Edmonton real estate agent, I’ll be with you at every stage and avoid any surprises.
What Is Pre-approval?
If you get mortgage pre-approval, a lender confirms how much money you are able to borrow. It informs you about how much you can afford and proves you are not.
My recommendations include getting pre-approval before you start looking for homes in Edmonton.
Am I Ready to Rent?
If you have secure employment and savings for rent and utilities, you probably can start looking for a place to rent. I assist people in searching for Edmonton rentals that are suitable for their money and way of life.
What Should I Offer?
Be sure to base your offer on what the home is worth, its current state, and the neighborhood’s sales. I will help you prepare a reasonable and compelling offer, using the details of other similar properties and sales that happened recently.
Can I Ask You for Advice?
Absolutely! I’m available to help you. No matter if you want to buy, sell, or just need advice on the Edmonton real estate market, you can contact me at any time.
I am here to give honest assistance and help you at every step of buying or selling property.