Buying a property is exciting but also stressful as various steps and decision points to be made with overwhelming information and data. The following are some steps and points for consideration:
- Be prepared for the buying process:
- Enough down payment
- Have an idea of Property Type/Size
- Neighbours
- Commitment to upcoming mortgage payments
- Find Professionals:
- Realtor
- Mortgage Broker/Banker
- Lawyer
- Home inspector
- First Time Home Buyer:
- BC Home Owner Mortgage and Equity (HOME)
- First-Time Home Buyers’ Program (FTHB)
- First-Time Home Buyers’ Tax Credit
- Home Buyers’ Plan (HBP)
- Mortgage & Insurance Arrangement
- Check mortgage affordability
- Get a Pre-Approval Mortgage
- Homeowner’s Insurance
- Mortgage default insurance
- Taxes:
- Property Transfer Tax
- Goods and Services Tax (GST)
- Property Tax (after purchase)
- Get the Property
- Search the property
- Schedule house viewing appointments
- Write an offer
- Negotiate the offer
- Subject removal
- Make deposit payment
- Cooling period
- Completion
- Conveyancing
- Land title transfer
Any enquiries or questions?
Useful Tools:
Contact
Cell: 778-878-4843
Email: pwu@paulwurealestate.ca
Language: English, Mandarin, Cantonese
Brokerage
200 6751 Westminster Highway, Richmond, BC V7C 4V4
Let’s Connect