KELOWNA BC REAL ESTATE and first time home buyers go hand in hand with last months new home buyers picking up 27% of the homes and condo sold in February.
Buying a home for the first time can be stressful and Andrew Smith has guided hundreds of newbies through the maze of getting into the real estate market.
According to Andrew the first step is to ” Determine what you can afford. Meet with a mortgage broker and find out what your price range is and what you are comfortable with spending monthly.Next determine what location you want or need to live in.”
Choosing a neighborhood can be as simple as narrowing it down to how far you are willing to commute to work or how close you want to live to the action at night for entertainment.
Andrew says when you have narrowed down the location and the price, often c ondos or townhomes are the choice to get in the market and often are the property bought by First Time Home Buyers.
Once you have your neighbourhood decided then you may only have approximately 4 or 6 buildings available in your price range. This is where your Realtors experience in strata is important in making sure that you are comfortable with all the strata by laws including rental bylaws, age restrictions and pet restrictions. Next he takes us through how to identify a good strata complex from a bad strata complex
Hear more of Interview with Andrew Smith buying a Kelowna Condo
For more information on your first purchase in Kelowna BC contact
Royal LePage Kelowna
Jo Ann McLellan” target=”” title=”Google+” class=””>Google+