First Time Home Buyers Checklist

Becoming a homeowner is an amazing feeling. The experience of home ownership marks a milestone in your life and the start of building your financial future. But before you begin on that journey, you want to make sure that it is the right thing, 

Home ownership is similar to renting in that payments are monthly but the similarities really end there. Yeah you can have pets and paint and etc, but you also have a mortgage that does not go away, maintenance cost

Search now for homes in the Kelowna area.

Here's the Checklist for First Time Homebuyers

Are you ready for Home Ownership?

Owning your own home is about more than just being able to decorate any way you like; it's about being prepared to maintain your home over the years, realizing that part of your income and time will go towards repairs and maintenance. It's about being willing to take the risks of home ownership with a realistic expectation of the rewards.

Have you checked into how much you can afford?

We want to help make this process fun for you! Finding out that you cannot afford near as much as you thought takes a lot of the fun out of shopping for a home. Let us help you find out today!

What is your debt-to-income ratio?

This is something that lenders take very seriously. Your overall debt should not be more than 40% of your income, and your housing debt should not be more than 32%. What 32% of your income will buy depends on where you want to live. In rural or downtrodden areas for example, it can buy a very comfortable residence and ample acreage. In highly sought-after urban areas however, it may not even buy a 400 square foot bachelor suite.

What do you know exactly the type of home you want?

We are professionals at helping you narrow down your choices and find the perfect home for you. Most people start with a general idea in mind but they in the end have to make some trade offs and decisions. Call us today and let us help you start the process. 

We Help First Time Homebuyers in Kelowna Every Day.

You need a good real estate agent who understand the Kelowna market and who have the experience to work hard for you. Our real estate team is dedicated to provide world class service to you. We will help you not just find the right home, but to make the process less stressful and more enjoyable.  We want your experience to be one that is positive and fun. 

Contact us for more information about buying your first home today! Let's get started.