18 Jul Tips for first time Yukon home buyers
Buying a home can be stressful and confusing, no matter if it’s your first home or your second. Between your financial situation, the real estate market, and other things you need to do, it can be come very overwhelming. So if you’re looking to buy houses for sale in Whitehorse, here is a list to make the process a little easier.
Check your credit
Getting a credit check is the first thing you need to do when you’re looking to purchase real estate. Speak with a professional for some tips on improving your credit if it is low, and how you can prioritize your bill payments.
Do some research
If there is a certain area in town that you are really interested in living in, it is always a good idea to do some research on the area. Look at prices of active homes and even homes that have sold, check how long listings stay on the market. Also speak with a Whitehorse Yukon real estate agent to get all of this information.
The Costs of ownership
Owning a home includes many costs so it is best that you know everything before hand. There are the usual costs like the down payment and monthly mortgage payments, but there is also the property tax, insurance, and more. There are also closing costs, the cost of buying things for your new home like furniture. Ask a real estate agent for a list of all these items so you know what you’re getting in to.
Home Search with an agent
Now that you have that information, you can work with your Whitehorse Yukon real estate agent to find the right home. Realtors have access to the MLS and access to all listings in the area you want. Give the realtor the list of wants and needs that you desire, so they can give you a list of all the homes that meet your criteria.
The Home Inspection
The inspection of the home is one of the most important parts of the buying process. During the inspection make sure you and your realtor are present, and make notes of things the inspector finds and need to be fixed. Make sure to ask the inspector common issues found in home inspections. Once you have this info your agent can work with the seller on repairing these issues.