Holmes Realty - Seven Things
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7 THINGS YOU SHOULD KNOW BEFORE BUYING 1. Many times, a home is the largest asset an individual has and is considered one of the safest investments available. 2. The majority of the time, a Realtor can show you any home, whether it is listed with a company, a builder or is a For Sale by Owner property. 3. Working with a Realtor to purchase a For Sale by Owner property is very advantageous because someone will be looking out for your best interests. 4. A pre-approved program from a lender for a specific loan amount subject to the property being approved will give you confidence and will help when negotiating with the seller. 5. Your Real Estate professional can provide you with a list of items that you’ll need to make a loan application, so you’ll be ready when you visit the mortgage broker.
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There are seven things that every buyer should know before the consider purchasing a home.
Transcript of Holmes Realty - Seven Things
7 THINGS YOU SHOULD KNOW BEFORE BUYING
1. Many times, a home is the largest asset an individual has and is considered one of the safest investments available.
2. The majority of the time, a Realtor can show you any home, whether it is listed with a company, a builder or is a For Sale by Owner property.
3. Working with a Realtor to purchase a For Sale by Owner property is very advantageous because someone will be looking out for your best interests.
4. A pre-approved program from a lender for a specific loan amount subject to the property being approved will give you confidence and will help when negotiating with the seller.
5. Your Real Estate professional can provide you with a list of items that you’ll need to make a loan application, so you’ll be ready when you visit the mortgage broker.
COURTESY OF
HOLMES REALTY2481 BEACON AVE.SIDNEY, BC V8L1X9
250.656.09111.877.656.0911
© Copyright 2015 Holmes Realty Ltd. All rights reserved.
6. In a Seller’s Market, don’t go looking for a deal. Set your sights on the right house for you, and then let your Realtor help you negotiate the best price and terms.
7. All sales have a Provincial property Purchase Tax payable at the time of closing. This tax is 1% on the first $200,000 and 2% on the balance. (There are exemptions for some first-time buyers.)
PROPERTY PURCHASE TAX EXAMPLE
Sale price $500,0001% on $200,000 = $2,0002% on $300,000 = $6,000
Total Tax Payable: $8,000
![HOLMES,GEORGE · Holmes Spear, dec ], and George Holmes, heirs of Oliver Holmes subsequent to his death. I always understood that Oliver Holmes got the lot from Kamehameha 1. Holmes](https://static.fdocuments.net/doc/165x107/60677df317bc235d9b7d2724/holmesgeorge-holmes-spear-dec-and-george-holmes-heirs-of-oliver-holmes-subsequent.jpg)
