Home Buyer’s Guide – Fred Akhlaghi Realtor – Discover your dream home in Richmond Hill, Ontario and make it a reality.

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Home Buyers Guide – Fred Akhlaghi Realtor Discover your

Home Buyer’s Guide – Fred Akhlaghi Realtor – Discover your dream home in Richmond Hill, Ontario and make it a reality.

Buying a home can be stressful during the best of times, and it might feel positively overwhelming in a highly competitive market. Although a few of the details may look different right now, the overall process of buying remains the same — and understanding the key steps can help you reach your goal and make your dream a reality.

No matter when you plan to buy, there are a few things you should know. On average, the process of buying a house takes roughly six months. In 2021, the typical buyer reported searching for between 2 and less than 3 months. Then add to that 30-45 days to close.

But the process of buying a house includes more than just touring homes. You also need to review your credit and financing options, find the right real estate agent, make offers and negotiate, get an inspection, prepare to move and, eventually, close on your new home.

Where to start when buying a house

Some of the first things to consider when you’re buying a home are how much you want to spend, where you’d like to live and what’s important to you as a buyer. Here a few questions to ask yourself:

  • How much house can I afford?
  • Am I going to take out a loan?
  • How much do I have saved for a down payment?
  • Can I afford my desired neighborhood?
  • Are home values increasing or decreasing in the neighborhood?
  • How long will my commute take?
  • Is the school district a fit for my family?
  • Is it within walking distance to amenities and activities?

Once you have the answers to these questions nailed down, you can start your home search. Click here to see the 10 most important steps to take when buying a house.



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