Purchasing a home is a very big and exciting decision that will change your life forever. And as with any big decision there can be many things to consider when purchasing property, whether it’s your first house or your fifth condo.
When you are ready to start looking at homes or properties, you will have to be ready to commit to the process in order to find the perfect new home. Everyone is looking for something different, and it’s my job to understand the specifics regarding what you are looking for. Do you need a big house with room for your family to grow, or is it time to stop cutting the lawn and get into a condo now that your kids have grown up? For the best results, take the time to understand what your requirements are before you begin viewing properties.
To help make the process more transparent, I’ve also written articles that outline different areas of buying a home, so keep reading for more information, or get in touch with any questions. I look forward to making the purchase of your home as easy and stress-free as possible!
Personal Real Estate Corporation
Everyone is unique when it comes to their reasons for buying a home. Here’s a list of points that I believe anyone should consider when buying real estate.
The purchase of a home might be a complicated process, but with the right team it doesn’t have to be difficult. If you’re well prepared, with the ideal REALTOR® on your side, buying your home will be enjoyable and stress-free. A big part of my job is helping you to find exactly what you’re looking for by working with you to refine the search. I am not here to judge or push you into making decisions: I’m here to connect you to the buying market and help you ascertain your dream home.
The purpose of this article is to cover the very basics of buying a home, starting with a short list of considerations:
Selecting a house is a big decision and requires patience and a willingness to view as many properties as possible. When we find the perfect house for you, trust me, you’ll know. Listen to your gut and don’t hesitate to ask questions. Above all, be honest.
Depending on your specific needs, review each potential home you see with your needs in mind as we view properties. Here’s a short list of the basics:
Considering a Condo or Townhome? You may wish to read a more detailed article further down this page that goes into greater detail about the ins-and-outs of communal living spaces.
Whether you’re moving to a new city or to a new neighbourhood across town, here’s a few points to consider when buying into a new area.
As a REALTOR®, I am here to help represent you in the buying process.
It is not my objective to take control or keep you in the dark. Rather, we will work together in the process of house hunting to ensure that your purchase is as efficient and enjoyable as possible. As I tell all of my clients: I don’t need to make this deal more than you do!
To that end, I recommend that we work together to compare properties in the area you desire, and to determine your purchase offer. I will negotiate with the sellers on your behalf to ensure you get the most favourable terms (while also keeping everyone grounded in reality).
It is my desire to look after your best interests, and I take my job very seriously; you should take the process of choosing your REALTOR® just as seriously.
As you’re narrowing down your choices, try to keep the following list of questions in mind:
While you are out viewing potential properties, I recommend keeping a record so you can easily go back and review all of the houses you have seen. It’s easy to start off by keeping the details “in your head”, but chances are we’ll see so many properties that they’ll start to blur together a little.
Here are my simple suggestions to help keep your property hunt organized:
Remember: I am here to help you find your home, not make any of these important decisions for you. Review your top choices and be confident to ask for my guidance – I am here to help.Back To Top
Before you start looking at buying a new home, it’s critical that you consider all of your options and understand what your needs are. Buying a home can be an emotional process, so make sure you are ready for all of the steps and decisions that are ahead.
Don’t Be House-Poor! Make sure you can afford to live, once you have purchased your home, so you are able to enjoy your new space and not be stressed about keeping the hydro on!
More About Vancouver Island For more information about beautiful Vancouver Island, please have a look at the Our Area page. You’ll find a small write-up of popular locations, links for further details, and maps of the area!
Wait For The Right Place! Don’t let anyone tell you that you can’t afford to be selective when looking for a home to buy, even if your funding is limited. Every sale is just as unique as every house on the market: keep looking until you find the perfect fit.
In this article I’ll explain the difference between a condo and a townhome, as well as list the considerations and benefits of purchase.
Both condos and townhomes are units that are owned by individuals; the biggest difference between the two terms falls back to exterior property ownership. The owner of a townhouse or townhome has property rights that extend to the ground around (and below) the unit, as well as the air above. A condo, by contrast, refers to the ownership of the interior walls of the structure only.
It’s worth mentioning that the terms “condo” and “strata” refer to the same concept: a development that is divided into units (or lots). This system allows individuals to purchase delegated sections and have ownership of their own personal space. Collectively all residents share the common property on site, such as parking lots, sidewalks, and garden beds.
Measure twice, move once! Sometimes the buyer of a condo or townhouse, the investor is moving from a larger home. Really consider how large your new space is. Will your old furniture fit in the new space? Can your couch fit down the hall and into your new home? Measure twice, buy furniture once!
There are lots of great reasons to purchase a condo or townhome, but it’s important to consider the restrictions that may come with a communal living facility. My job is to look after your best interests, and to ensure you get what you are paying for. I will find out exactly what is (and what is not!) included in the price for the unit by compiling a complete set of building rules and regulations before you sign on the dotted line. I wouldn’t want you to buy a new place for you and your furry companion, only to find out when you move in that there are no pets allowed!
There are a few other circumstances to consider as well. Sometimes an owner of a condo or townhouse may experience a loss of freedom due to rules and by-laws enforced by the complex committee. We work together to ensure you are aware of these rules before it’s too late.
Work together. When living with a larger concentration of owners, there’s a greater chance of conflict with people, personalities, parties, pets, and parking. Keep your communication lines open and make sure you talk things out with your neighbours.Back To Top
It’s easy to understand why Vancouver Island is a popular destination for retirees, boasting warm, temperate climate and an easy-going, laid-back lifestyle.
The decision to relocate after retirement is an exciting and likely emotional time. Be patient and plan carefully by taking a few precautionary steps to prepare for the purchase of a new home.
After relocating to a new area it is important to get out into your community and get involved.
Friends are an essential aspect of happiness, and there are great people to connect with no matter where you live. Take the time to meet your neighbours and experience the myriad benefits of living the “Island Life”.
Ensure that your retirement and relocation has all the perks you are looking for:
Downsizing will make life more affordable, which will allow you to spend your money on fun things, like traveling and hobbies.
The choice to downsize is not an easy, or small decision to make. Be patient with yourself when you start making plans to move, and be realistic about what your needs are for your new space.
Looking to purchase a luxury or high-end property? Allow me to provide you with the service and selection you deserve.
From a huge acreage with the privacy to suit your needs or the urban lover with a desire for the best view in your favourite city. I will hunt with relentless drive to find the best property to fit into your luxurious life style.
Along with top quality real estate guidance encompassing discretion and poise, I will pursue your ideal luxury home by arranging private viewings and complete every piece of paperwork without having to interrupt your day. Trust Justus Edmundson Personal Real Estate Corporation and RE/MAX of Nanaimo with finding your luxury home.
Just like any property purchase, you must invest not only money, but also time to develop a financial strategy, and you will need to monitor and modify your strategy to maintain your investment at its best.
Choosing to invest in real estate is one of the best decisions you can make, provided you choose carefully and are able to see the time it takes to make the financial investment work.
Build a Strong Team I’ve compiled a list of trusted professionals to help round-out your team. From accountants and lawyers, to building inspectors and movers, visit my List of Professionals for contact details.Back To Top
Purchasing a property in foreclosure involves taking on a previously-mortgaged property that the current owners have failed to keep up with their mortgage payments.
The process can sound simple, but this kind of purchase can be complicated and overwhelming for both the buyer and the individuals losing their home.
It’s an unfortunate fact, but when a home owner realizes they are about to lose their home through foreclosure, it is not uncommon for them to stop taking care of the property. This can the leave the home in a dire need of repair, be prepared for your foreclosure purchase to need a lot of attention!
Contact me for more information about how you can purchase a foreclosed property.Back To Top
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