Check out this video made by MoneySense to get the full story!
Over the past few months the City of Guelph has been continuously recognized as one of Canada's top cities based on lifestyle and atmosphere. It's great to see another one of Guelph's strengths being recognized by MoneySense.
If you're thinking about buying a home in Guelph, here are a few tips to consider from the #1 Team of Realtors in Guelph.
Trying to Time the Market
Trying to enter the housing market at the best time imaginable is impossible. Instead, buy a home when you feel it's the right time for you. If you love the house and can afford it, it's probably the best time to put in an offer! The market goes up and down, but throughout history it has always recovered. Having this understanding will remove much of the initial fear of buying a place for the first time.
Make Sure the Home is Healthy
Find a reliable home inspector that you can hire. It's a tiny expense when thinking about how much money it could save you in the end! The home inspection will provide you with the information you need to make a sound buying decision. You want to know what your getting into before you make the final decision in order to be comfortable taking such a big step in your life. Ask some of your friends who have recently bought a home for a inspector referral or you could even ask our real estate team for a recommendation if you're having trouble finding one on your own.
Bidding for the Perfect Home
Provide the seller with a fair opening bid based on what you think the property is worth and the current market conditions. Offending the seller is one of the last things you want to do especially if there are other bidders who want the home just as much as you. One technique you can use is calculating the value of the home on a price-per-square-foot basis by looking at recently sold homes in that neighbourhood and then applying those prices to your prospected home.
Our team understands that the current market can be confusing and even overwhelming. If you need any assistance navigating the Guelph market please feel free to reach out to our team of realtors and we will get back to you as soon as we can. https://www.diloretoandlong.com/