A Newlyweds’ Guide to Buying Their First Home

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Newlyweds naturally have a lot of dreams that they want to accomplish together. One of those is being able to buy a house. But this is not a simple dream as it can be one of the most expensive investments that couples will ever make. That is why it’s important for newlyweds to take the right steps to ensure that they will not regret their decision. For those looking for real estate & homes for sale in Laval, this guide is for you.

Why Laval?

Quebec has a lot of different places you can choose from but Laval is one of the most beautiful, especially in terms of location and scenery. It is situated in the outlying areas of Montreal and is known for its peaceful and quiet countryside. People who love the outdoors will definitely love living in Laval.

Aside from the great outdoors, Laval is also a great place to enjoy culture and history. It is a thriving neighbourhood with indoor amusement, museums, and shops that newlywed couples will surely enjoy.

Guide to Buying a Home in Laval

As newlyweds start a new life together, it is important that they make smart and carefully thought out decisions that they can agree on. When buying a home, it is crucial that they move cautiously and avoid making the mistake of buying a property they can’t afford. Here are a few steps that can help:

  • Prioritize. It is important to determine your priorities as a couple. One of the most common, yet very important priorities is the size and design of the home. Couples should decide whether they just want a small home for themselves or a multi-family home in preparation for them having kids.
  • Do Your Research. Couples can research on the Internet in order to get some information about the properties that fit their requirements. The Internet is a great source of information relating to statistics, ratings, conditions, photos, and other things about the neighbourhood. Aside from online research, it is also advisable for you to visit the area and see the properties first hand. It will be a great way to check the community and have a chance to see and speak with potential neighbours, should you decide to purchase the house and start a new life there, as husband and wife.
  • Find a good real estate agent. When it comes to properties, real estate agents know best as they have the experience and the expertise in looking for the perfect properties for their clients. Couples looking for a property should also look for a reliable and trustworthy agent who can make the process easier for them as buying a property involves a lot of paperwork and that can be taken care of by the agent.
  • Get pre-qualified or pre-approved for a loan. This is crucial because it can tell you how much you can afford to pay for your home. Pre-qualification allows the lender to determine how much the borrowers would be eligible for based on their income and debt level, if they have any. On the other hand, pre-approval means that there is already authorization for the loan based on the provided information, but it is only valid for a set period.

Buying any piece of property, especially a house, can be taxing, but all your efforts will be worth it in the end. Don’t rush into making a decision just because you want to finally be able to move to your dream home. Do your homework and take all the necessary steps to ensure you’re making the right choice.