First Time Home Buyer's Guide

Benefits of Home Ownership?

Pride of Home Ownership

What more could you possibly ask for, an opportunity to pay you, not a landlord by Investing monthly, bi-weekly or even weekly into your future. 


Appreciation

Have your money working for you!  That starts by making the right decision on the type of home you buy.  The Calgary Market is ever changing and clearly on occasion it can have a level of volatility.  At the end of the day, Real Estate is one of the greatest if not the greatest investment someone can make, but that starts with the right opportunity.


Mortgage Reduction Builds Equity

The moment that you purchase your first home, the doors of opportunity have opened immeasurably.  Regardless of your financial situation, the option for future decisions from, home improvement, children's school, investment properties increases considerably.


Are You Ready to Buy a Home?

Ask yourself why, where, when and how?  At the end of the day, you should have a plan to own, regardless of if you are not ready now.  Ultimately it's a step in the right direction, as you will see by just breaking down buying versus renting.  Even if the numbers line up a little heavier on the buy side, remember you are paying you, not a landlord.

Have you taken the appropriate steps, have you met with the right people, do you have a plan of attack or are you just calling around hoping to find the right place based on online photo's.  Call me today and let's discuss the best strategy to help you accomplish your goal or get you steered in the right direction.


What Can You Afford?

Have you met with a Lender or Lenders?  Have you been pre-approved?  Do you know the current rates offered?  What is the best mortgage package for you or your family?

These are all fundamental steps to take, and I can help!  Finding a realistic financial comfort is crucial.  Being house poor is not something that many people enjoy, let me help you ensure that does not become a reality.


Questions To Ask When Assessing Home Features

What are you looking for, what you WANT and what you NEED can vary.  That is why it is critical that your Agent would understand the difference and try and find you the best of both worlds.

As an Investor this rule still applies.  You need to break down your goals, to understand what you are truly want to accomplish.  I can help with this!

Location, Location, Location

This has got to be one of the most important questions someone asks themselves.  At the end of the day you may or may not have the budget to have the tranquility of the Rocky Mountains, green Space, 4 Acres in the middle of nowhere.  However, as a first time home owner you still have options, so make sure that your Agent is aware of the vital requirements that distinguish your the preferred area or area's.





Scott Henry
Scott Henry
REALTOR®