The purchase of a principal residence is often one of the most important acts of a lifetime. All the more reason to prepare it carefully! Definition of the project, visits, financing …: everything you need to know to make your first real estate transaction a success!
You decided to take the plunge and swap your cap of renter against that of owner? This is a good idea … especially as house prices tend to stagnate or fall and mortgage rates are at their lowest. Start by defining your project precisely by answering a few key questions: Where do you want to live? Do you prefer an apartment or a house? Are you rather adept of the old or the new? … Your answers will depend, of course, of your tastes but also of your budget. Establish it with realism. And think of leaving a place for the unexpected. Indeed, for a house as for an apartment, no one is safe from unexpected and expensive work!
The trails to find the good of your dreams
Two steps are possible to find your future home: go directly through an owner or call a professional (real estate agent or notary). Having a good knowledge of the real estate market limits the risks of “overpaying” a property. Unscrupulously ask the seller or his intermediary many questions. And this, from the first telephone contact. This sometimes saves you from moving around unnecessarily!
The research of a financing.
After finding the property of your dreams, you usually have to go in search of a home loan. You can become more efficient by using a loan broker. He approaches the banks for you and helps you to prepare your file. The rate offered by financial institutions depends on several factors: in particular your personal contribution and, to a lesser extent, the good management of your accounts. If you do not plan to buy in the immediate future, it gives you time to refine your profile … ideal borrower!