Tuesday 17 August 2021

A Checklist For First Time Home Buyers In Penticton

You saw a listing under the title “houses for sale in Penticton,” and now you don’t know how to curb all of your emotions. Well, don’t worry, you are not alone. Buying your first home can be an overwhelming process. You are allowed to get excited at first, but it is one of the biggest investments of your life, so making a wise decision is crucial. Let us help you on your journey of owning your dream home.

How to start your research?

It is always the best idea to speak to an agent. They are professionals and their specialization can help you find one of the best houses for sale in Penticton. If you have a specific Penticton location in mind, it is advised to keep checking the listings for the sold and active property. This way you can get an idea about the average price in the neighborhood.

Are there any additional purchasing costs?

The first and most important thing is to figure out how much you can afford and how you are going to arrange the rest of the money. Apart from that, you need to be well aware of any additional purchasing fees other than the flat rate of the house. When looking for real estate for sale in Penticton, there are certain purchasing costs that you need to consider, such as:

  • Property transfer tax
  • House inspection fee
  • Lawyer or notary fee
  • Adjustment fee for prepaid property tax
  • Partial HST
  • Appraisal fee

How to kick-start the home search?

There are two important phases of doing a home search, the first is checking the listings and the second is home inspection.

You can get the help of a realtor to go through all the viable listings. The agents have access to vast listings of real estate for sale in Penticton, hiring them would be a time saving deal.

Now that you have shortlisted a few properties based on your preferences, you can start the second phase, which is to conduct an inspection of all of the houses for sale in Penticton. Don’t just send the inspector for the job, it is important that you and your realtor are also present at the time of inspection so that all concerning issues and repair work can be pointed out. This will further help with the price negotiation.

Don’t fret you can do it!

Buying your first home can be a confusing and tricky task. It is important to know of all the additional purchasing costs and fees. Secondly, make sure to hire a realtor to get access to the best listings available. If interested, you can get help from the legendary services of Dan Wilson who is passionate about Houses For Sale in Penticton. 

For further detail about Real Estate For Sale in Penticton. Please visit the Website: danwilson.ca