First time buyers

Nanaimo neighbourhoods

One of the big, important differences between renting your home and buying a home in Nanaimo is choosing the neighborhood that's right for you.

When you're renting and decide that you don't like the neighborhood that you're in, moving someplace else isn't that difficult.  But when you own...

To make sure that everything goes smoothly, here are 12 things you should do as a first time home buyer in Nanaimo:

1.  Credit report - Have your mortgage lender obtain your credit report.  Look at your overall credit score, credit card balances and other debt like auto and school loans...

Fourteen Things To Look For When You View A House

When you're looking for a home to buy in Nanaimo odds are that you may look at several in one day, not to mention the open houses that you visit on the weekends.

While it is important to see what's on the market, the problem with looking...

Are You Tired Of Looking At Homes For Sale?

A common mistake that many home buyers in Nanaimo make is trying to look at every single home that's on the market.

OK, I'm exaggerating a little bit, but you get the point.  When you're buying a home it's understandable that you want to see as...

What Are Your First-Time Buyer Hot Buttons?

If you're in the market to buy your first home in Nanaimo you've probably already got a list - maybe a long list - of features that your new home must have.

Like most things in life, the longer the list the more expensive the home, and you may...

Government incentives for first time home buyers in Canada

The Canadian government has a few incentives available to first time home buyers.  If you are considering buying your first home in Nanaimo you might want to take advantage of one or more of the following offerings:

The Home...

How To Avoid First Time Home Buyer Mistakes

If you’re a first time home buyer it is easy to get caught up in the excitement of buying your first home.

While buying a home for the first time can be fun and exciting, it’s a good idea to not let emotion get in the way of reality.  Doing this...

What’s The Difference Between A Buyer’s Market And A Seller’s Market

One of the keys to selling Nanaimo real estate is to understand the difference between a buyer’s market and a seller’s market.

On a very basic level a buyer’s market means that a...

Why buying a Nanaimo Condo Makes Sense

Nanaimo condos can make a great option to single family houses.

Single family houses often times cost more to maintain than many home buyers realize, so Nanaimo condos offer an excellent...

Is It Better To Rent Or Buy Real Estate In Nanaimo?

 

A question that I often get from my clients, particularly first time buyer’s, is whether it’s better to rent or buy real estate in Nanaimo.

There’s really not a right or wrong answer to this question, but here are a few tips you...

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