Mistake 1: Not knowing how much they can afford to pay for a house before they make an offer.
Prevention: Get pre-qualified for a mortgage from a Lender/Bank, so you know in advance exactly how much you can afford.
Mistake 2: Not finding out in advance whom the real estate agent represents.
Prevention: Asking your Realtor. Most people think their agent is working for them. But unless the agent is working as your buyer representative, he/she represents the seller.
Mistake 3: Not realizing that the wrong mortgage can cost thousands of dollars in unnecessary interest and taxes.
Prevention: Consulting with a mortgage specialist before making a final decision on which mortgage to choose.
Mistake 4: Not discovering hidden defects before buying a home.
Prevention: Hiring a professional to conduct a pre-purchase home inspection.
Mistake 5: Not knowing how debt can affect their ability to buy or refinance a home.
Prevention: Do not apply for credit. Ask your mortgage professional in advance
- Vancouver West - Downtown
- Vancouver West - Dunbar
- Vancouver West - Fairview
- Vancouver West - False Creek
- Vancouver West - Kerrisdale
- Vancouver West - Kitsilano
- Vancouver West - Mount Pleasant
- Vancouver West - Point Grey
- Vancouver West - University
- Downtown - Coal Harbour
- Downtown - West End
- Downtown - Yaletown
- Downtown - Gastown
- Vancouver East - Downtown
- Vancouver East - Main
- Vancouver East - Mount Pleasant
- Vancouver East - Hastings
- Vancouver East - Fraser
- Vancouver East - Renfrew
- West Vancouver
- North Vancouver
- Burnaby East
- Burnaby South
- Burnaby North
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.