3 Things to consider when purchasing your home

It’s time! All the dreams and goals have come down to this moment and it is time to purchase your first Kelowna home. All of your Pinterest boards of home decor, room ideas and kitchen goals are all about to come out on the table. It’s time to get down to business. It’s easy to get off track when you are purchasing your first home. So the team at Quincy Vrecko and Associates have put together a list of 3 things to consider when you are looking to purchase your first Kelowna home.

Is it the right time?

The first thing to consider is, is this the right time to buy? The market can shift back and forth from a sellers market to a buyers market. The question is, what is the real estate market doing when you are ready to purchase real estate? That’s a great question for your Kelowna realtor. As soon as you are ready to start the home buying process, chat with a Kelowna realtor to figure out when the best time to purchase!

What do you need and what do you want?

Next up, figuring out your needs from your wants. This is important to do before starting your home buying process to avoid disappointment and over-paying. Sit down, and write down the top 5 things that are most important to you and that you need in order to purchase the Kelowna home. Things such as bedroom count, bathroom count, size and location. These are just a few main things to consider when making your list. Then make a list of your wants. Things such as colour of kitchen cabinets or type of flooring. Think of these things as something you could change in the future. Separating your needs from your wants will make it a lot easier when it comes down to searching for Kelowna homes.

Are you financially ready?

Lastly, but probably the most important is… are you financially ready for this big step? A home purchase will likely be one of the biggest purchases you make in your lifetime. Don’t make the mistake of going through the whole home searching process to find out later that you are not qualified to purchase a home. The best thing to do before even looking into a Kelowna realtor, is getting pre-approved. Go in, talk to a mortgage broker and see what you are qualified to buy. Then, find the perfect home in that price range.

If you are looking to purchase your first Kelowna home, you need a great Kelowna real estate team who will work for you to find you exactly what you need! Get in contact with one of our knowledgeable real estate agents who are dedicated to helping you find the perfect first home. We have dedicated buyer’s agents who have years of experience helping first time home buyers. All you have to do is pick up the phone, leave the rest to us. Call 1-778-760-2860 to begin your first home search today!