First time home buyers

If you’re looking to buy your first home here’s everything you need to know!

(Step 1) First and foremost talk to the bank!  You need to know your budget, there’s no sense in looking at what you can’t afford.  It’s okay to dream but don’t get your hopes crushed by looking at whats out of reach!

(Step 2) Secondly make a list of your must haves, this can really help your realtor find you exactly what you want and need!

(Step 3) Third, get a REALTOR!  When you’re buying a house it’s FREE so why not use an expert!

Keep on reading i’m going to break down each of these steps!

Step 1 Financing

The market always changes but right now the Windsor / Essex-County real estate market is 100% a sellers market.  You need to come into a deal with as little conditions as possible if you want to win and close the deal.

  1. Talk to a mortgage specialist or broker and get Pre-Approved!  You need to know exactly what you can spend you don’t want to be scrambling asking family for loans to cover what you thought you could afford.
  2. Down Payment is a huge deal.  I’m sure you’ve heard of CMHC?  Well CMHC sets rules for home buying and down payment requirements.  Chances are in Windsor / Essex as a first time home buyer you’ll be buying under $500,000.00 the rules in place for a home of $500k or less is you need 5% down.  What this means is for a home asking price of $100k you need $5000 to put down and so on.  See the rules and calculate exactly what you need HERE.
  3. Closing costs and Land transfer.  Lawyer fees can add up make sure you retain a good trust worthy lawyer to take care of closing arrangements without any hidden fees.  The government of Canada has created programs that will actually cover some expenses and portions of land transfer tax for first time home buyers.  Learn all about it right HERE.  What you might not know is that even if you owned a home as long as your spouse has never been on title they are eligible for a portion of the incentives offered by the Canadian Government.

Now that financing is in order you can comfortably look at houses in your price range and when the time is right you can confidently submit your offer and know you can afford your dream home!

Step 2 The list

What you want and need in a home is super important.  You don’t want to waste time looking at a million houses just to be disappointed that it doesn’t have enough rooms or is missing that breakfast nook.

Start your list off with the following:

  1. 5 top desired neighbourhoods
  2. Top home styles you like.  (ex: ranch, 2 story, back-split) you get the gist.
  3. Number of rooms
  4. Number of bathroom
  5. You must have features.  (ex: garage, breakfast nook, scenic views) whatever your heart desires!

The biggest thing you need on top of this list is an open mind.  In a sellers market you need to be aggressive and keep in mind that you might not get everything on your list but you can certainly get most of it!

Step 3 Get a Realtor

We’ve all seen the bus benches and billboard adds, there’s a plethora of Realtors in the area.  What you need is someone who’s going to help you with every step, answer your questions, and get you the home of your dreams.  Believe it or not the billboard realtor probably isn’t your best option.  If you’re prepared to be 1 of 200 clients chances are you’re going to fall off the agents radar really quick especially as a first time buyer.  They’d much rather deal with their multi million dollar clients.  A good bet is to get someone newer to the market who has the knowledge but also the tenacity, desire and ability to make you client number 1.  You might think a new agent can’t get the job done.  But when your 1 of maybe 10 clients you’re always at the top of the list!  If you need a REALTOR who’s going to eat, sleep, and live your real estate needs click HERE.

 

The breakdown.

  1. Talk to your bank, mortgage specialist or mortgage broker and figure out how much you can spend
  2. Figure out how to get your down payment
  3. Make sure you have enough to cover closing fees, lawyer costs, land transfer etc.  Take full advantage of the Government of Canada programs.
  4. Make a list of what you want out of a house, with your must haves, location of choice etc.
  5. Get a Realtor.  It’s free especially as a buyer so why not!

It’s not that hard when you break it down.  If your still unsure Let’s Get In Touch, I’m happy to help you along in this journey!

New season, new reason to get moving!

Change is good.

With the changing of the seasons you start to feel rejuvenated, as you see the grass start to get greener and all that snow melt away you feel those winter blues melt away.  As the grass gets greener and the trees begin to bud, the winter procrastination goes away, and that spring time motivation takes over!

Take advantage of all that motivation and get a great buyer for a great price this spring!

 

Spring is the best time!

Statistically spring is a great time to get your home on the market!  Year over year the sale price vs. list price increases in the spring and early summer months.  Much like bears coming out of hibernation we're ready to get moving once that nice weather hits!

Chances are your home is worth more then you think.

The Windsor-Essex market continues to be very hot, with most homes selling well above asking price.  You may be surprised at value your home is hiding!  If you're on the fence about selling your property, you should really consider a free Highest Price Analysis to help you make that life changing decision.

Let's get in touch

There hasn’t been a better time to sell then today!

Did you know that Windsor-Essex is a hot market?

Windsor and Essex County homes are selling for more, and much quicker then they have in the past.

It’s simple.

Houses are listing for 3.4% more then they were at the beginning of 2018 and are selling much faster, 10 days faster on average.

What does that mean?

You could sell your house for more money and be in your dream home that much faster!

How long are homes on the market?

When listing using a Realtor, such as myself.  The average DOM or “Days On Market” is about 12 days with some homes selling as fast as the signs being put in the ground!

If you’ve been thinking of selling don’t wait and list today, because as we all know tomorrow isn’t promised so let’s get you moving!

Why choose Kingsville for your forever home?

What's so great about Canada's southernmost town?

A stroll down Main St. really gives you a sense of community.  A street sprinkled with character and family businesses gives you lots of options to crave everything from your sweet tooth, hunger and thirst...  You'll even find a brewery attached to the beautiful Grove Hotel.

A short jaunt just outside of the core, you'll find some of the most popular wineries where you can take tasting tours and host events from weddings, to showers and everything in between.

If you have little ones there's plenty to do around.  Colasanti's Tropical Gardens is the go to place for residents of Windsor / Essex county for fun low cost day out.  They have a petting zoo, arcade, rides, tropical green house and some of the best donuts you'll ever have!  Kingsville is also home to some of the best kept parks around, from the beautiful historic Lakeside Park to your local playgrounds.  You'll also find in some parks splash pads where you and your little ones can play and cool off in that summer time heat.

For nature lovers you can take a short ferry ride to Pelee Island.  On the island you'll find some great dining, beautiful beaches, nature hikes and so much more.

Schools

A big part of choosing you forever home location is schools especially if you have kids or are planning on starting a family.  Kingsville's schools consist of 4 grade schools, 3 public and 1 catholic as well as a public high school.

Kinsgville is located perfectly at the heart of Essex County making it just a short drive of about 35 minutes to St.Clair College and 40 minutes to the University of Windsor.

Benefits of living in Kingsville

A big piece of the pie that a lot of folks don't think about is property taxes.  Kingsville is among the cheapest property tax class in Essex County.  What that means is plain and simple its cheaper to live in this beautiful southern town.

Let's talk dollars and cents

We all know one of the biggest driving factors about where you're going to live is how much it's going to cost to be in a home in that area.  Luckily Kingsville's median home price is about $207,000.  If your looking to relocate from Toronto / GTA you're going to get a lot of house for your hard earned dollars.

Kingsville should be at the top of your list when choosing a location for your new home!

If you're relocating from a larger urban core like Toronto, GTA, Brampton etc, Kingsville is a great choice.  You're leaving a high dollar market to relocate to a relatively low dollar market, what you'll find is homes similar to those in suburban areas of Toronto for a fraction of the price.  That means that at the end or your move you have more equity in your home and potentially more money in the bank.

What are you waiting for get packing!