Episode 64 - How to Prepare for a Real Estate Purchase

This autumn we are enjoying not only the nice weather but also a lot of offers for real estate sales, so if you have decided to take advantage of one of them but you have no experience with buying, here are some practical tips on how to prepare for the process in advance.

Get pre-approval based on income from a bank so you know what budget you have to buy a property.

Take a walk and spend some time around the neighbourhood you've mapped out to get a feel for its spirit and get a sense of what's where.

In case you have decided to use a real estate broker or to buy directly from an investor, take your time and research their stories, customer reviews and any public information you can get your hands on about them.

Choose an attorney to review the transaction documents and a notary public to complete the final transfer of the property.

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