Home Purchasing Tips

Purchasing a home for the first time can be an intimidating and sometimes complex process. The following tips will help make the process easier for you. At North Prairie, you can put your mind at ease knowing we’re here to answer any questions you have along the way!

#1. Choose the type of home that meets your lifestyle

With many condominium and single-family home options in our communities, you can rest assured you will find a North Prairie home that suits you and your lifestyle.
Before you start the search for your new home, ask yourself the following questions:
Is a single family home or a condominium right for you and your family?
Would you like to live close to downtown, or in another area of the City?
Do you have children who will be attending school?
These are all decisions that play a large role in purchasing a new home.

#2. Find out what you can afford

Meet with a financial representative to determine a mortgage amount that you can comfortably afford. This will ensure that you spend your time looking for homes within your price range. Also, consider getting a pre-approved mortgage, which will allow you to shop with added confidence.
For more information on home financing, visit the Canada Mortgage and Housing Commission. (www.chma-schl.gc.ca)
Use our mortgage calculator to find out what your mortgage payments will be!

#3. Research building and warranty information

Find out as much as you can about how your new home will be built. Talk to our sales agents to learn more about the sales process and the construction process.
Learn about the protection you’ll receive through our warranty program.  
And to help you after you’ve moved into your North Prairie home, find out how to protect your investment, with our home maintenance tips.

#4. Talk with a real estate lawyer

Before you sign your Agreement of Purchase and Sale which is the contract for the construction of your home or condominium, there are a number of steps to take. One of the most important is to have your Agreement reviewed by a qualified real estate lawyer.

#5. Prepare for your Pre-Delivery Inspection

The Pre-Delivery Inspection is probably the first time you'll visit your new North Prairie home in its completed state - and it's your primary opportunity to learn how to operate and maintain your new home as well as to ensure that everything has been built according to your Agreement.
To help you prepare for this important stage of the home buying process, ask your sales agent for information about the Pre-Delivery Inspection.

#6. Maintain your home through the seasons

You've made a big investment in your home, so you should take care of it all year round. It's important to remember that the ongoing maintenance of your new home helps to ensure that your statutory warranty rights are protected.

#7. Enjoy all your new North Prairie home has to offer!

You've done a lot of research, decision making and waiting by the time you reach this point.
Now it's time to enjoy your new North Prairie home!

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