Aiming to buy a home in the next year?

If you’re planning to buy a home in the next four years, don’t wait!

Home prices are rising as fast as they ever have. If you’re looking to buy in the next four years, it’s crucial that you get prequalified today so that you can be ready when the time comes. When your dream house comes on the market and you’ve already got your offer in hand, you’ll be able to act fast and secure an offer at the best possible price.

Get prequalified now!

If you’re thinking of buying a home in the next four years, there’s an important thing you should do now: get pre-approved for a loan.

Why? Because if you have a pre-approval letter in hand, you’ll be able to move more quickly when the time comes to make an offer on your dream home. If you don’t have one, or if your credit score has changed since your last application, then it’ll take longer and cost more to get the mortgage loan you need—and that could mean losing out on the perfect house for sale.

To get started, let’s talk about what getting pre-approved means:

It means that we’ve run some checks on your credit history and finances and determined that we can approve your loan application at this time. It doesn’t mean that we’ve approved any money yet—it just means that if you were to apply for a loan right now, we would approve it. When it comes time to put down an offer on the house and submit an application for financing with us directly (instead of going through other lenders), everything will go smoothly because we already know how much money we can lend to you. 

If you’re planning on buying a home in the near future and want to get the best deal possible, it’s time to improve your credit score.

We know that this is easier said than done, so we’ve created a guide to help you understand exactly what goes into your credit score, how it’s calculated, and what steps you can take to improve it.

You’ll also find links throughout the guide so that you can take action immediately. We’ve got links for free credit reports and scores, and tools that can help you improve your score in as little as 30 days!

You should also do your research about your down payment options in Canada.

A down payment is the amount of money you pay upfront when you buy a home—and it can be one of the most expensive parts of owning a house. But don’t worry: there are many ways to get a down payment and buy your dream home!

Down payment assistance programs are available in every province and territory across Canada. These programs help low-income Canadians save up for their first home by providing financial support to help with the cost of their down payment. The program is designed to help those who may not otherwise be able to afford to buy their own place. The amount of money you’ll receive depends on where you live and how much money is available through each program.

It’s important that you explore all of your options before deciding which type of program works best for you. 

Check out our homes for sale in Courtice, Oshawa, Clarington, and Bowmanville.

Contact The Baird Team At Royal LePage Baird Real Estate.