Finally the seller accepted your offer! You’re just steps away from having your own Edmonton home. But before you plan any Edmonton house warming parties for your future Edmonton house be sure to watch out for hidden traps in the final stages of the buying process.
Here are some deal breakers to avoid.
Don’t make an offer that you can’t deliver. Know the highest monthly housing cost you can afford, that accounts for the mortgage, taxes, fees and insurance.
Before closing the deal, the lender will examine your credit report. If they find out that you’ve run out of charges because of excessive spending then it can affect your mortgage fee and rate.
For the first time Edmonton home buyers buying an Edmonton house is a life changing experience.
May it be buying your dream home or for just a temporary living space it’s better to know the tell-tale signs if the house you're going to buy has a few troubling secrets.
So here are some of the things to lookout for when buying a home.
Foundation or Structural Problems.
Hard to close doors, misshapen door frames and cracks in the foundation are just some of the signs that there is something wrong. The best way to determined whether there is damage to your prospected house is to hire an expert to conduct a thoroughly analysis to see the structural integrity of the house.
1 Year = +0.05 2 Year = +0.2 3 Year = +0.25 4 Year = +0.1 5 Year = +0.2 7 Year = +0.25 10 Year = +0.1
All of the rates increased in the closing week of July. It might change even further so take advantage of the rates while it last. Here to help you is Chita Metcalfe of Edmonton Mortgage Source, in financing your home.
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Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.