There’s a lot of talk about the dream of homeownership and how difficult it seems to be these days. Yes, even after many years of record growth and legislation to try to cool it down, the housing market in Markham and the GTA remains hot.
But that shouldn’t stop anyone who really wants to invest in buying their first house from doing so right here in Markham.
In fact, Markham real estate offers as good value as anywhere in the GTA. First, the city remains one of the most desirable places to live in the area. It also offers a wide range of housing options, from condominium apartments to detached family homes. But, perhaps best of all, while house prices are increasing, they are still much lower than the historic highs of just a couple years ago.
How to Buy Your First Home in Markham
Buying your first house in Markham will be much easier if you take the following steps first.
- Make it Your Priority – It’s one thing to say you want to buy a house, but to actually do something about it means making it a priority in your life. It will be more difficult to live the dream of buying your first home if you go on expensive vacations every year.
- Work on Your Career & Credit Score – Regardless of how much you want to buy a house, it will be tougher if your job situation is unsteady, if you have a lot of debt or if your credit rating is low. The more solid your personal finances are, the less it will cost you to get a mortgage.
- Connect With a Reliable Realtor – There are way more details involved in buying a home than we can list here. From knowing where the best deals are on homes in Markham and getting pre-approved for a mortgage, to finding a good lawyer and negotiating the best price, you’ll need good guidance throughout the process. Find a full-service realtor who knows Markham and who can help you every step of the way to owning your first home.
Want to learn more about buying a house, check out our article “What Is A Conditional Offer And How Does It Work?”.