Finding the perfect home in a hot market requires buyers to focus on what they really want and be ready to make a move when they find the right home. Well-priced homes are selling quickly, and multiple offers are a common occurrence in our local market. If you are planning on buying a home this year, there are a few tips that you should keep in mind to avoid disappointment and help you find exactly what you're looking for:
Work with an agent that understands your objectives. Although house hunting can be an exciting process in the beginning, no buyer wants to spend time looking at countless properties that just don't suit their needs. During the beginning of the buying process, I take the time to understand exactly what my clients are looking for. I make it a priority to discuss their short- and long-term real estate objectives, and focus the search only on the properties that will truly satisfy the buyer's needs.
Keep an open mind. Toronto is a city with dozens of unique neighbourhoods. Each area appeals to buyers for different reasons. By working with a real estate professional who is familiar with your preferred areas, you may be introduced to new up-and-coming neighbourhoods that you would have otherwise overlooked. It's a great idea to explore new areas and keep your options open when searching for your next home.
Speak to your mortgage professional ahead of time. Once you are ready to make an offer on the right home, time is of the essence. Your mortgage professional will be able to get started with your application prior to making an offer to ensure that your financing is completed as quickly and efficiently as possible.
There is no need to be intimidated by a seller's market when you have the right real estate professionals working for you. Contact me today to begin your property search. As a trusted real estate expert in the Toronto market, I can help you narrow down your search to the homes that best suit your requirements, and help you find the right place to call home sooner than later.