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5 Must-Dos Before Buying A Home

5 Must-Dos Before Buying A Home

<p style&equals;"text-align&colon; justify&semi;">&NewLine;<p style&equals;"text-align&colon; justify&semi;">As the milestone of buying a <strong>new home in Ottawa <&sol;strong>brings forward many responsibilities&comma; there&&num;8217&semi;s a few things that should be considered in regards to a home before paperwork is signed and furniture is unpacked&period; Thankfully&comma; we&&num;8217&semi;re going to provide some excellent tips for anyone interested in buying a home and committing to such a long term investment&period; With this being said&comma; here&&num;8217&semi;s a look at five &&num;8220&semi;must dos&&num;8221&semi; before buying a <strong>home in Ottawa<&sol;strong>&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter size-full wp-image-14460" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2016&sol;02&sol;LS&lowbar;Buying&lowbar;A&lowbar;Home&period;jpg" alt&equals;"5 Must-Dos Before Buying A Home" width&equals;"543" height&equals;"251" &sol;><&sol;p>&NewLine;<ol style&equals;"text-align&colon; justify&semi;">&NewLine;<li><strong>Beware The &&num;8220&semi;Fixer-Upper&&num;8221&semi; &&num;8211&semi;<&sol;strong> The &&num;8220&semi;fixer-upper&&num;8221&semi; home always comes in a harmless package in favor of the purchaser&period; These homes usually appeal to people interested in building&sol;renovating a home at a lower price&comma; but don&&num;8217&semi;t have the time to build a home from the ground up&period; However&comma; some &&num;8220&semi;fixer-upper&&num;8221&semi; homes are un-repairable when it comes to a rotting foundation or basement leaks&period; Have a specialist come in beforehand &lpar;or check for yourself&rpar; to make sure that the &&num;8220&semi;fixer-upper&&num;8221&semi; is worth repairing and occupying&period;<&sol;li>&NewLine;<li><strong>Investigate The Home&sol;Surroundings &&num;8211&semi;<&sol;strong> Brushing up on the background of a home can save a lot of trouble in the future&period; Check into the neighborhood and some of the history of the home&period; Does it have a history of a flooding basement&quest; Are the neighbors up at all hours of the night&quest; If so&comma; doing some investigative work beforehand will prevent a dream purchase from becoming a nightmare&period;<&sol;li>&NewLine;<li><strong>Save For The Down Payment &&num;8211&semi;<&sol;strong> Saving for the down payment is required for purchasing a new home&comma; so start saving if you plan on making a purchase&period; Since homes do not run cheap and many loans require 20 percent upfront&comma; saving early is the main objective for claiming stake in a new home&period;<&sol;li>&NewLine;<li><strong>Have Finances&sol;Credit In Order Before A Home Purchase &&num;8211&semi;<&sol;strong> To buy a home and keep a home&comma; major financial and credit issues need to be addressed before a home purchase is considered&period; This basically means that you&&num;8217&semi;ll need to avoid large purchases&comma; monitor your credit&comma; and pay your bills on time&period; One you have these issues in order&comma; you&&num;8217&semi;re more than ready to investigate a home purchase&period;<&sol;li>&NewLine;<li><strong>Buy A Home You Can Afford &&num;8211&semi;<&sol;strong> When it comes to buying a home you can afford&comma; aim a little lower so you&&num;8217&semi;ll have no problem making payments&period; Hoping for a surprise promotion or raise won&&num;8217&semi;t make loaners and lenders budge&comma; so don&&num;8217&semi;t rely on chance when it comes to a home purchase&period; Optimism is great&comma; but reality is needed when purchasing a home&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p style&equals;"text-align&colon; justify&semi;">So now that these areas are covered&comma; it&&num;8217&semi;s time to search for the dream home within your reach&period; Staying up to date on your finances and performing some investigation beforehand will not only keep the housing market in your favor&comma; but keep a smile on your face long after the paperwork is signed&period;<&sol;p>&NewLine;

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