Tips for Buying a Condo With Your Partner

Andrew Szalontai — Fri, 29 Dec 2017 18:29:28 +0000

Looking for Tips for Buying a Condo With Your Partner? Make sure to read this article before you do!

Downtown Vancouver Condos for Sale are in high demand, and as such – are an excellent investment choice to make with your partner. However, knowing these ‘Tips for Buying a Condo With Your Partner’ before moving ahead, will help to minimize your stress and maximize your outcome.

Get on the Same Page Before Starting a New Chapter

Starting a new chapter in life is usually filled with positive anticipation when buying a condo with your partner. But in order for positive vibes to flow within the difficult arena of home buying, it is important to ensure you and your partner are on the same page.

When looking at Downtown Vancouver Apartments for Sale, precision is paramount. So knowing your joint factors, before factoring in a real estate agent, will allow your agent in finding a space that is right for both parties involved.

This includes but is not limited to…

Important must-haves in your Downtown Vancouver Condo
Understanding your available budget, including a pre-approved mortgage and future income fluctuations
Knowing what neighbourhood in the downtown region you both want to live
Discussing whether you want a newly constructed Yaletown Condo or West End fixer upper

Having a clear understanding of what you both want will help your agent find you Downtown Vancouver Condos for Sale that are right from the get-go. This leaves the task at looking at condos that don’t fit your criteria off the table. In doing so, it will get you into the right space much more quickly!

“love is …buying your first home together” – Andrew Szalontai

Figure Out Your Finances to Safeguard Against Financial Pitfalls

Purchasing a condo in Vancouver will likely be one of your best decisions. But in order to do so, you need to figure out your finances and uncover what you can each contribute to the mortgage. As well, be sure to sit down with your bank in order to get your pre-approval stared. This will provide you with the information your agent needs to find you suitable condos, and ensure your investment is affordable with fluctuating life happenings.

Find an Agent Who Knows the Downtown Vancouver Condo Market

If Downtown Vancouver Condos are of interest to you, finding a real estate agent that is familiar with the area will be paramount to a successful outcome. As an agent who both represents Downtown Vancouver Apartments for Sale, as well as lives in the heart of Yaletown – I am well prepared to make your buying dreams a reality!

Be Ready to Act in Buying a Condo With Your Partner

The Vancouver real estate market is a hot buying stage and you need to be ready to act. If not, it is likely your dream home will be purchased while you’re still in decision mode. So if you are truly looking to buying a condo with your partner, be prepared. Acting quickly when you know you have found your dream Downtown Vancouver Condo for Sale is vital to your purchase.

Similar Blogs for Your Consideration

What You Need to Know About Real Estate Buying Costs

Investing in a Downtown Vancouver Condo comes with a variety of costs and lifestyle considerations, which is why I want to help you understand what you need to know about Real Estate Buying Costs. Find to more below, with this comprehensive list of costs to help you...

Robson Street – the ‘Shopping District’ of Vancouver

Find out why Robson Street Real Estate is the ‘Shopping District’ of Vancouver. Where shopping, dining and real estate come together to make up the ideal real estate investment in Vancouver! Robson Street is a thruway that runs from BC Place Stadium straight to Lost...

Why Hiring a Vancouver Condo Specialist is Important when Buying

Downtown Vancouver Condos for Sale are one of the most highly sought after real estate investments in Canada. Which is Why Hiring a Vancouver Condo Specialist is Important. It helps in many ways, including making a sound investment on your next luxury condo purchase....

Don’t Forego Any of the Details – It’s All About the Details

Whether we’re talking about a successful relationship or a successful condo purchase, your success is usually tied up in the details.

When it comes to Buying a Condo With Your Partner – this includes a home inspection. Although some might wish to forego an inspection, it is always highly recommended if you are purchasing a Downtown Vancouver Apartments for Sale. Whether the condo pre-date the Olympics, or was around during Expo ’86 – newer and old alike deserve a once over. This will help your peace of mind, as well as to ensure you are buying a condo that will serve you and your partner for may years to come!

Removing as much stress as possible from the difficult task of home hunting, especially when buying a condo with your partner, will make for a smooth transition in the years to come, and have you thriving in your new environment before the New Years’ confetti even settles.

Allow me to walk you and your partner around the various Downtown Vancouver Condos for Sale. Whether you are both first time buyers, or you’re embarking on a final retirement home together, I am here to make the process an enjoyable one!

[su_note note_color=”#a2afd7″]Sales of apartment properties reached 1,508 in November 2017, a 25.7 per cent increase compared to the 1,200 sales in November 2016. The benchmark price of an apartment property is $648,200. (source: www.REBGV.org)[/su_note]

Take a Look at the Newest Listings for All of Downtown Vancouver Condos

Take a Look at Stats for Vancouver West and Vancouver East

If you’d like more detailed information in your area, reach out to me below and i’ll be in touch.

Get in Touch with Andrew Now… Quick and Easy!

The post Tips for Buying a Condo With Your Partner appeared first on Vancouver Home Living | Andrew Szalontai.

4 Rules of Real Estate Investing You Must Not Ignore

Andrew Szalontai — Tue, 08 Aug 2017 11:57:59 +0000

The real estate investing numbers are always impressive. Stats say the 90% millionaires become so through owing real estate. And, we all know landlords grow rich in their sleep. But do these landlords just put their money in any property to become a landlord one day? Even the most experienced investors go through the same analyzing procedures as first times do before investing in an apartment or a condo.

Here’s a list of 4 rules to begin your journey in the real estate investments.

1. Don’t invest in emotions

Remember a simple rule: What looks beautiful to the eye might beautiful or your money! It happens a lot in real estate. People fall in love with a property, which they simply can’t ignore because it caught their visual attention. Most of the early investors tend to make the mistake to invest such a property that only looks good! Remember the rule number 1 of real estate investing; Don’t fall for the emotional trap. Keep your senses right.

A property is beautiful for real estate investment when it generates good return on investment. So, keep your emotions aside while looking for the best property for investment and tune up your business mind for choosing the right property.

2. Save enough for Unexpected Costs

Real Estate Investing is a fruitful business if you do it right. The second real estate investing rule in line for a successful business is saving enough for unexpected costs. This also happens a lot with early real estate investors. They don’t keep up savings for unexpected costs. Unexpected costs come up in various forms. These may come up while buying the property or while renting it out. Fixing the damage, possible losses, market fluctuations, anything can come under unexpected costs. The idea is to cover the short term losses to gain long term profits.

One of the benefits of contacting Andrew Szalontai for real estate transactions is that he forecasts the possible unexpected costs and clearly tells it to the client. Once the client knows the possible losses or unexpected costs, he can ten prepare with better financial planning.

3. Invest In Time

Finding the right property takes time. There’s a phase of listing down the properties, then evaluating the properties for their pros and cons, and then comparing them with each other. And, at the end, you get the property worth investing in. After spending a lot of time in finding the right home, spend a little to find the right tenant. Don’t hurry in hiring a wrong tenant. Don’t rent to just anyone. The wrong tenants can turn your dreams or being a landlord into nightmares. They damage your property, don’t pay the rent on time, and force you to evict them.

Check credit possibilities of tenants, check for criminal backgrounds and profession.

4. Invest for Neighborhood Potentials

Neighborhood potentials pay an important role in real estate investments. Invest in the neighborhood which is likely to increase your property’s value too. The signs of a neighborhood with good potential are available of basic necessities in and around it such as school, medical facility, eating places, grocery stores, shops, job growth opportunities, etc.

Nothing beats an investment opportunity near your home. Get in touch to know why…

We hope this article cleared the wind for the first or second time real estate investors. Apart from self-awareness of getting knowledge about real estate investments, one must not ignore the help of a professional real estate agent such as Andew Szalontai, who can get you through the rough phases of real estate investment process easily.

The post 4 Rules of Real Estate Investing You Must Not Ignore appeared first on Vancouver Home Living | Andrew Szalontai.

Rules of Real Estate Investing Archives - Vancouver Home Living | Andrew Szalontai