As a first-time home buyer in the real estate market in Kelowna, it is essential that you work with someone who is experienced with first-time buyers. First-time buyers will usually have more questions than people who have purchased real estate previously. Buying a home is not a simple process, especially when you are not familiar with it. You may not know what price range of properties you can look at, what mortgage payments you can afford, or how the general home buying process works. For a first-time buyer, we recommend you get ‘pre-approved’, which is the first step to getting you into an affordable home and getting you started in the market in the Okanagan.
Our team of realtors can provide the answers to your questions and walk you through the entire process – from viewing potential homes, to making an offer, to setting up mortgage financing. Although buying your first home can be overwhelming, you can be confident that we will be available to help you every step of the way. We enjoy the process as much as you do, and find it very exciting! Having a real estate agent in Kelowna who is willing to be available and answer any questions will make the process so much easier and less stressful. This is the same commitment we make to all of our first-time buyers, and anyone that we work with.
There are many reasons a person should buy a home, but the most common are:
It is a great investment. With the steady increase in real estate and the limited amount of rental properties in our city, it is important to get into the market as soon as you can. It is smart to get your foot on the first rung of the property ladder. Chances are you will not be able to start out by buying your dream home, but it is the first step in advancing to that dream, and to build some equity to put towards your next home.
You don’t have to worry about having your monthly payments increased suddenly and permanently. You lock in your monthly payments for several years, and your house will generally get more valuable over that tim
Don’t forget the pride and comfort in owning your own home. You can customize it however you want, and can do what you want inside your own home!
If you are someone who is interested in getting into the real estate market and buying your first home, contact Mark or Lloyd. Our team would be happy to work with you, and make the process as simple as possible!