Pre-plan your home buying strategies
and tactics.
Consult with professionals who have experience with international
buyers.
Know your financial limits and opportunities.
Getting pre-approved for your mortgage should
be your first step.
Seek out the services of a Mortgage Planner.
Make sure your mortgage provider has experience with international
buyers and comes recommended by other professionals, check references. Be
careful; their is a lot of hearsay and complicated jargon, the facts are quite clear and
simple in most cases.
Request the services of an independent appraiser who will
objectively evaluate the property’s value.
Your mortgage provider should take care of this step for you. All
property that is mortgaged will require an appraisal. Do not confuse an appraisal with a
survey or home inspection. Ask us for clarification of this very important point.Engage a real estate licensee (Realtor®) as your agent or
consultant to guard your property and financial interests.
As a buyer you do not pay for the services of a Realtor®, the
commission is paid by the seller or builder of the home you are buying. You should never
forgo the services of a professional especially as you will not be paying the commission!
If you buy direct from a builder you are not represented in any way. Do not assume that if
you call the number on a For Sale sign that you are represented; the agent who you will be
working with is representing the seller not you. What type of
agent do I need? Watch this short video.
Hire the services of a home inspector who will
objectively evaluate the condition of the property.
Seek the recommendation of a home inspector
from your Realtor®. Note that not all home inspectors are created equal and unlike the UK
they are not all held to an established standard of conduct.
Focus on protecting your equity position.
Take into consideration why you are buying the home and what your
ultimate goal is - do not be rushed into anything you are not sure of - read everything
you can and ask for advice and clarification on any points that seem conflicting.
Review your financial goals and home loan annually.
We will stay in contact with you for many years, use our advice and
experience to your advantage whenever you have a question concerning your home or
financing.
If you wold like to pick our brains you can request a
telephone call by emailing your request to: britquestions@lynxbanc.com
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