Goals of Home and Investment Buyers

Pride of property ownership is indeed one of life’s greatest joys and biggest accomplishments. This is an exciting time! When considering buying a home, even if it is your first purchase, our experience tells us that most home buyers typically have these goals in mind:

  • Find the right neighbourhood to call home
  • Ensure all possible properties in the neighbourhood are considered and nothing is missed
  • Negotiate a fair price that not does exceed market value

When considering buying a real estate investment, our experience tells us that most property buyers typically have these goals in mind:

  • Stay within an established risk tolerance
  • Perform an extensive multiple point analysis, with preference towards:
    • Lower initial investment
    • Earlier periodic cash flows
    • Larger periodic cash flows
    • Larger sales proceeds

The buying process can be broken down into six main steps:

  1. Choosing the best agent for the job
  2. Getting started
  3. Determining your budget and obtaining a mortgage pre-approval
  4. Deciding where and what to buy
  5. Making an Offer to Purchase and satisfy conditions
  6. Preparing to move in

If you have any questions or you would like clarification about any of these steps, please feel free to contact us.

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