There are many issues and tips to keep in mind in order to meet your goals. Here is a highlight of some key ones.

• Make sure that you can afford to buy.
• Determine the amount of mortgage you are able to carry.
• Use professionals at all times before making a commitment. Tap into their expertise for your peace of mind. This includes carefully selecting a realtor, home inspector, and contractor, if you plan any renovations.
• Get a second opinion from someone you trust who knows you personally. 
• Always view and inspect before you buy.
• Don’t buy largely for emotional reasons. Attempt to be as objective as possible.

Additional Tips

• Have a clear understanding of your personal and financial needs.
• Do thorough market research before making the purchase.
• Select the right property considering specific personal needs, the potential risks, and money involved.
• Do financial calculations before hand.
• Buy at a fair market price.
• Make a decision based on an objective assessment but not just an emotional one.
• Select an experienced realtor with expertise in the type of real estate and geographic location you are considering.
• Put the appropriate conditions or "subject clauses" in the offer.
• Obtain and review all the necessary documentation appropriate for a given property (e.g. condo) before making a final decision to buy.

• Detail precisely what chattels ( fridge and stove, drapes, etc.) are included in the purchase price.

Take a look at more smart tips here.

Call now John MK Lam 604-671-1818