FIRST TIME BUYERS

Buying your first home or condo is a big commitment and can often feel overwhelming. Friday Properties works closely with real estate newbies to find the proper balance between dreams and budgets, as well as provide support and guidance in order to make the first home/condo buying experience is a positive one.

When buying a home/condo some things to consider are:

1. What’s important to you? Make a list of the things you really want out of your home; things that will ensure you’re happy with your purchase for years to come.

 

2. At the same time, manage expectations. Some first time home buyers have a champagne taste on a beer budget. Consider if those “must have” items can fit within your budget or if they can be something you’re willing to save up for in the future.

 

3.Let the little things go. Sometimes it’s easy to get caught up in fixable details, like paint colour or light fixtures. Remember, these feature are easy to change and shouldn’t get in the way of your decision.

 

4. Consider the location. Better to take a chance on a smaller space, or one that needs a little repair, in a great area where value can increase.

 

5. Don’t commit before you are ready. Owning a home or condo is a big commitment and one that can be more expensive than you realize. Make sure you know exactly what you’re getting into so you can decide if you’re financially, and personally, ready.

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