Buying Advice

Buying a home is a significant and exciting decision. This section provides professional real estate advice and helpful home buying tips.

First Step

The Internet and real estate professionals are the top two resources most buyers turn to when searching for a home.1 When it’s not convenient for you to speak directly with a real estate professional, Emizen real estae can help improve your overall home buying experience and provide the guidance to reduce stress, save time, and make you a savvy, successful consumer.

A Emizen real estae pvt. ltd. Agent is ready to make a full-time commitment to help you capitalize on current market opportunities and assist you in making an informed decision.

To ensure you make the right choice for the long term, a Emizen real estae Agent offers extensive knowledge in:

  • Neighborhoods, schools and market conditions
  • Mortgage specialists who can assist you with your financing
  • Technology that gives them an edge, along with multiple resources available just for you on Emizen real estae

Would you like to receive more information on the home buying process? Contact a Emizen real estae Agent or sign up for My Emizen real estate.

Looking for a Home

The single biggest reason most people buy a home is the simple desire to own a home of their own.1 At the same time, homeowners accumulate wealth for the future while enjoying the benefits of a residence that they can use, improve and enjoy. What’s different is each individual’s wishlist of essentials; from public transportation to the number of bedrooms, we can help you create a comprehensive list and go from there.

What's the Right Home For You?

Before deciding which house to buy, consider your lifestyle, current and anticipated housing needs and budget. It’s a good idea to create a prioritized list of features you want in your new home; you'll quickly discover finding the right house involves striking a balance between your "must-haves" and your "nice-to-haves."

TIP: It’s also important to consider the type of home that suits you best. Is it a condominium or a co-op? A townhouse or detached single-family home? Do you want brick, stone, stucco, wood, vinyl siding, or something else? Do you prefer a new home or an older one?

How Much Can You Afford?

Now that you know what you're looking for, the next step is figuring out what type of home you can afford. A review of your income, savings, monthly expenses and debt will be necessary.
The price you can afford to pay for a home will depend on several factors, such as:

  • Gross income
  • The funds you have available for the down payment, closing costs and cash reserves required by the lender
  • Your debt
  • Your credit history
  • The type of mortgage you select
  • Current interest rates
Know your neighbouhood?

Evaluating a neighborhood and surrounding areas thoroughly is essential.
When you buy a home, you're investing in a community. You'll spend a significant amount of time and money supporting the schools, community organizations and commercial centers in the area. Before you make the final decision, take a good look at the location and make sure it fits your lifestyle.

EMIZEN real estate professionals are a tremendous resource. Ask your agent for a list of schools, shopping centers, parks or other amenities that are important to you. Buying a new home is about more than the structure and property. It's about your new lifestyle as well.

TIP: Visit and understand the school district. Even if you don't have children in the school system now, you may some day. The district reputation could positively or negatively impact the selling price of your future home as well

Already have a Home

Buying a home while selling an existing home has its own set of considerations; this section provides expert buying advice and can help you navigate these challenges successfully.

What if you already have a Home

Buying a new home and selling an existing home at the same time has its own set of challenges. With knowledgeable planning, you can ensure everything goes smoothly.

Before putting your house on the market or committing to buying a new one, take a look at the prices of houses in the areas where you'll be selling and buying. You'll need a realistic idea of sales prices for similar houses, so you can assess both your buying and selling position.

What if you're unable to time the sale of one house with the purchase of another? You may own no houses for a time, in which case you'll need money in the bank and a temporary place to live. Or, you may own two houses at once. That's why it's important to have a backup plan. Here are some options to consider:

  • Research short-term rental and storage options (family, friends, storage facilities, containers).
  • Bridge financing (a short-term loan) for the down payment on a new home backed by the equity in your old house.
Shopping for a Home

Buying a home is one of the most important decisions you will make. That's why it's in your best interest to choose an experienced real estate agent who listens to and understands your needs, and has detailed knowledge of the area in which you want to want to live.

When you choose a EMIZEN agent, you're dealing with a professional who understands your concerns and will provide you with the personalized service that makes all the difference.

What should you expect in your first meeting with a real estate agent? A EMIZEN Agent will typically talk to you about the neighborhood where you want to live, home prices, schools, transportation, and the surrounding commercial and residential areas. They can also address the pros and cons of using a buyer's agent versus a sales or dual agent. When you're ready to visit houses, ask your EMIZEN Agent to help you with:

  • Arranging showings
  • Tracking the properties you've seen
  • Identifying homes that meet your criteria and keep track of your "what's right for you" list