Vancouver, BC – Buying a home is indeed an exhaustive experience wherein a buyer has to be cautious as well as make the right decisions. If you are thinking of buying yourself a house in Vancouver, you’ll have to make some very important calls. When you are to make tough decisions, you may feel the need of some good advice to help you. Here are some essential Vancouver buy house tips for you:
1. Make a plan, pick the location, hold your emotions

This makes it pertinent on you to chalk out a plan which would make purchasing your house much easier. Planning would enable you to understand your wants with more clarity in terms of choosing a home with more bedrooms over choosing a house with a bigger garage or a bigger kitchen or a fireplace in it.

2. Sell your current home (If your are a first time home buyer, skip this part.)

It seems to be a very tough decision when it comes to selling your present home: should you sell first and buy later, or buy first and sell later? Even though it is a security to buy a house in Vancouver before you sell your present home, selling first has some great advantages:

a) You’ll be aware of the selling cost of your house, so you can ascertain, beforehand, the amount available for buying a house in Vancouver

b) You might be lucky as you may not have to set the offer subject to financing

c) You may even manage a long closing time, giving you ample time to look for a good house in Vancouver.

d) Even though selling first could be distressing phase, you will find it equally tiring to own and maintain two houses!

3. Get a pre-approval, be financially ready and decide your budget

Make sure you have at least some of your down payment saved. Also, ensure that you are already capable of managing your debts, like those from loans or credit cards.

4. Decide your preference and research, have an futuristic approach

As a purchaser of real estate one ought to be well informed as to what goes in and around the realty market. You can demand a comparative market analysis from your realtor, which could enable you in determining the sale price of other comparative properties in the neighborhood.

5. Look for the right agent/realtor and hire some specialists

Mere hiring of an agent for your entire house purchasing endeavors in Vancouver would not suffice. You have to know whether such agent is trustworthy enough to represent you or to act on your behalf if any circumstances so arise.

6. Study the seller and all documentations

Purchasing the Vancouver house would also require you to dwell into the technicalities as well the fundamental aspects concerning the seller. Likewise, you also have to ascertain the reputation of the seller and the reason for which the seller likes to sell the property.

7. Prepare an offer and negotiate

If you have really liked a dream home in Vancouver, just jump on it. In other words, do not lose on any opportunity to make the deal concrete and finalized to your liking.

8. Double check, then close the deal thoroughly

Be careful, check everything again in the deal, such as, hidden costs, special levy etc. The hidden costs may be in the form of mortgage insurance or any such other that may enhance the cost of buying home in Vancouver.

For more information on Housing in Vancouver, please visit http://www.squidoo.com/housing-in-vancouver or http://www.house-vancouver.com/