Information for First Time Homebuyers
When my husband and I were first married, we were both VERY eager to get out of our basement apartment that we were renting and into our first home. Immediately after our wedding, my hubby we sat down and figured out our financial situation and we started to look for a house. We had NO idea what we were doing or how we should start and our first search within our price range led us to a run down house in a terrible neighbourhood. I walked away crying and thinking that we would never be able to afford a “nice” house. A week later, with the help of a great Real Estate Agent, we found the house of my dreams! We were lucky.
Buying our first home was an overwhelming experience that involved many different professionals (real estate agents, mortgage brokers, lawyers and home inspectors). I only wish that I had known about RateSupermarket.ca back then as it would have helped me understand all of the steps to purchasing a new home.
When you sign up for the First Time HomeBuyer’s Guide, you receive 14 daily emails that literally provide you with all of the information (in a simple and effective manner) that you will need under your belt before you head off to purchase your first home. The Guide includes quizzes, tips and tools along the way to help you get started.
I signed up for the First Time HomeBuyer’s Guide and have read the emails that you will receive. I highly recommend this amazing FREE guide! Once you have signed up, you can even skip ahead and read further tips and information before waiting to for your next email – I can almost guarantee that you will want to do this!
This is truly an amazing resource for First Time Homebuyers!
My moving tip: DON’T DO IT!!! lol but that might be b/c I am still living in disarray from our move.
I would say declutter and organize before you start packing. Only move it if you really love it.
Declutter your home before showing. I can’t understand the number of people who try to sell their houses filled with years of crap and dust. Box it up and put it in storage. It makes your house feel lighter, cleaner, and bigger!
I learned that the site lets you compare lenders’ mortgage rates.
My tip is to wait for a better offer while you’re selling. Real estate agents will want you to take the first offer you receive if it’s high enough. Wait a week for something better!
I learned that the best rate right now is 2.49$ fixed closed
Another tip (for daily entry)
When moving, don’t just pack everything into boxes, get rid of a lot of junk! If furniture is beat up, toss it or donate it. New house = new clean life
i liked this savings tip
.Avoid withdrawals
Don’t just use your savings account like another chequing account. Once you put the money in your savings account avoid taking it out. When you start saving create a list of goals or emergency that would warrant a withdrawal from the account. If the item doesn’t make the list then don’t take out the money.
STACEY DEMPSEY ON RAFFLECOPTER
My tip is to figure all the extra costs when determining what you can afford. Taxes, insurance and repairs add to your monthly cost and keep rising in price. Your income may not.
My moving tip – sell or give away EVERYTHING you do not need or want to pay to move. It helps sell your house if it is decluttered and make the move less expensive and easier
Don’t take out a mortgage for the maximum the bank will give you. You won’t have any room to spare if something happens (you get sick, major car repairs, etc.). Leave yourself some wiggle room.
As you are packing get rid of what you haven’t used so as not to have even more junk. Clearly mark boxes on top and sides
rosans4@comcast.net
plan om making one room a catch it box room when you move. THat way all the boxes are in one place,
vmkids3 at msn dot com
For us, we get movers. Having tried the do it yourself route, it’s just not worth the money saved in the face of everything else that needs to be done.
My tip is to have the kids at a sitters during a move. Things go smother that way.
Home sellers tip….pack up half your things before you list and store them in the garage or basement or storage space. your house will look uncluttered and spacious and you will already be half-packed when it sells :o)
Thanks for the giveaway!!! As an Army wife, I’m all familiar with moving…. and I love the adventure of it!
Selling tip: Declutter and un-personalize your space. Other people are more likely to see themselves in your place if you do.
Selling tip: Declutter your house and stage it for the buyer. It is no longer your home, you are trying to sell the idea of it being the buyers home!
My moving tip is to do one room at a time and label all the boxes
thanks
flower_child_23(at)hotmail(dot)com
I learned that todays best 1 Year Fixed Closed Mortgage rate is 2.71%
amt (at)telus (dot)net
Tip: You could save thousands of dollars in commission fees by selling your house privately
amt (at)telus (dot)net
Moving tip:
Make a complete list of items to be moved.
amt (at)telus (dot)net
Moving tip Consider having a garage sale a few weeks prior to the move to rid of stuff you dont need or want.
amt (at)telus (dot)net
I learned that they have a Mortgage Rate iPhone App
amt (at)telus (dot)net
Moving Tip
Keep important papers with you-do not give them to the movers
amt (at)telus (dot)net
I learned that a good credit score is 760 or higher.
amt (at)telus (dot)net
I had no idea this website even existed. It’s amazing.
Don’t forget to declutter your home before showing it.
Moving tip: Have lots of boxes-you will likely need more than you think.
amt (at)telus (dot)net
I learned that Mortgage Brokers are FREE !
amt (at)telus (dot)net
Moving tip
Fill luggage and duffle bags with clothing, sheets, towels, and paper goods.
I learned that a mortgage broker will help you find and get the best mortgage for your personal situation.
When moving, never leave anything to the last minute and have plenty of all shape boxes on hand
bec.shockley@gmail.com
I learned that
A good mortgage broker can provide ideas on how to save on interest while keeping your payments affordable.
amt (at)telus (dot)net
Moving tip
Notify your post office, subscription publications, and other correspondents of your moving date and provide them with your new address.
amt (at)telus (dot)net
I learned that the site existed.
Since I know embarrassingly little about personal finances, pretty much everything on that site is news to me. I started with the piece about calculating good credit scores and learned about FICO. Interesting stuff 🙂
An old and simple tip for house viewings when you’re the seller: make sure the place smells great when people are scheduled to arrive. Everyone loves the smell of cookies or bread baking in the oven 🙂
Moving tip
Plan what you will pack. Items that you do not use on a regular basis should be packed first.
amt (at)telus (dot)net
I learned that Mortgage Brokers hand compare products from a number of different banks and specialty lenders, and negotiate the best rate for you.
amt (at)telus (dot)net
i learned that this site existed