This month, your beloved Realtors from Team Leading Edge through FindMyHouse.ca launched its sister site EdmontonFirstTimeHomeBuyers.com.
The site aims to specialize in helping individuals and couples who want to move and relocate to Edmonton or simply wish to finally own a property & live in their dream home. (No more renting, yay!) With the site, first time homebuyer have the chance to:
Go on workshops
Learn down payment programs
Know first hand all the new hot listings in Edmonton
These are just 3 of the many incredible things first time homebuyers can do when they visit.
For best results, follow EdmontonFirstimeHomeBuyers.com on Facebook & Twitter.
To go along with this latest venture, the team has
Buying your first Edmonton home is one of the most exciting things you’ll ever do in your lifetime. It signifies the beginning of a new chapter in your life, so today, Team Leading Edge would like to share with you a few things you’ll need to know to succeed in this venture.
Many first time homebuyers’ rush to the Edmonton MLS and dive into the search bar to find their dream Edmonton home. Don’t be like those guys.
PRE-APPROVAL: The first thing you need to do is to check with a bank or mortgage company how much money they could lend to you. This process is called pre-approval.
Once you get pre-approved, you’ll know the total amount of money you can borrow and set for yourself a realistic goal for the type of house you’ll
Buying a home is one of the biggest investments that you will make in your life time. So if it’s your first time to do such as venture, it is best that you base your decisions with the help and use of a reliable set of information.
Today, we’ll try to discuss whether you need to buy a newly built home or use a pre-owned one.
Note: For a full lit of available Homes For Sale in Edmonton you can access it through our Edmonton MLS Listings page.
Let us start with your FINANCES. The first prudent thing for you to do is to obtain a pre-approval from your local mortgage bank or company. This will give you a good idea of how much you can borrow to finance your dream home.
Here’s a stark warning: Knowing how much money you can borrow does not
This Sunday, we dedicate this article to first-time Edmonton home buyers. We feel your excitement! Owning a home is one of the biggest investments you would ever make in your lifetime so we’re here to help you nail it the first time.
We have made a list of things that would be truly helpful if you’re going to get a mortgage. Take note and good luck!
BE FAMILIAR WITH THE REAL ESTATE ENVIRONMENT: The Edmonton real estate market doesn’t stay constant, it’s always changing. Mortgage rates and financial assistance products are being tweaked all the time so it is to your best interest to be up to date with these topics. Watch the news, read the newspaper and talk to your real estate and mortgage agent to get a good understanding of current trend.
Last April 23, financialpost.com published a report entitled "Over 40% of first-time home buyers in Canada can’t afford a house without their parents’ help, report suggests". This article drew some mixed reactions with readers-some disagreeing with bitterness.
Below is the full transcript of the article. We'd like to know what you personally think about this issue. Please feel free to leave a message on our comment section.
[Note: To access all homes for sale in Edmonton, please visit our Edmonton MLS Listings page.]
TORONTO — A Bank of Montreal report suggests first-time home buyers are increasingly turning to the “Bank of Mom and Dad.” Move over Stephen Poloz, here’s the real reason mortgage rates are so low in Canada