As a buyer, you know this to be true but do you know why?  Here a few of the benefits to knowing for certain that you have been approved to purchase a home.

1.  You don't fall in love with a home that is more that you can afford.

Homes that sell for less are either older, have smaller yards, fewer rooms, no garage, or are in noisier locations.  Tey ae still fine homes buy by comparison may feel inferior.  Begin by looking in your price range and you will compare these homes to each other not to homes in a higher price range.

2.  You can eliminate a stress that just doesn't need to be there.

There is more to buying a home than planning a fun day of showings.  You shouldn't have to worry about whether or not you'll be able to afford the mortgage payments.

3.  You will feel confident when negotiating.

By knowing you are within your price range, you will make an offer and engage in negotiating with confidence.

4.  You won't have any surpluses during the subject removal time period.

Your lender will nee a copy of the accepted offer and a copy of the listing agreement so they know what  house you are buying and for how much. The lender will order an appraisal and give you final approval on the home.  You don't want to find out at this time that they now need your tax returns and that the new vehicle you bought after getting pre-approved means you don't qualify for as much as you initially did..

5.  You will know how much money you need in total to close the transaction.

Aside from the down-payment, there is home inspection fee, appraisal, title insurance, a portion of the year's property taxes, legal fees and property transfer tax to take into consideraton.

Find your new home at:  www.c21network.ca or email me at   harold.kewley@century21.ca

And remember CENTURY 21 is the only Real Estate Organization that can offer you FREE Air Miles when you buy or sell a home.  No other real estate company can do the same.



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