When buying a home it's important to be prepared by planning ahead. In a hot real estate market, it is crucial to have your financing pre-approved by speaking to your bank or preferred lender. The Ottawa real estate market has been off to a great start in 2018 and it's been a Seller's market. Due to the strong real estate market, many properties have been subject to bidding wars. When Seller's chose which offer to accept, they are most likely to accept the offers with the least number of conditions. This is one of the reason's why it's crucial to speak to a lender before you start the home buying process, so that if you do fall in love with a property you can be confident putting in a competitive offer if necessary.
The next factor to consider when buying your next home, is to decide on which neighbourhood you wish to live in. Young families typically find it important to live in a neighbourhood that is in a desirable schoold district. A great site to check school disctricts for a specific address is http://maps.ottawa.ca/imn/desktop.htm You may then want to see how the schools rank according to the Fraser Institute http://compareschoolrankings.org/
After finding a desirable neighbourhood, your Realtor can set you up on an automatic e-mail alert with the property criteria that you are looking for. This will allow you to see which properties come on the market before they hit the public MLS. When you see properties that you like, you can ask your Realtor to schedule showings for you. Some home buyers are able to find exactly what they are looking for in the first appointment, while others may take several weeks, months or even years. Home buyers are always better off hiring a full time Realtor that is capable of keeping a close eye on the market and is able to actively monitor the new properties that hit the market on behalf of their clients. It's critical to have a Realtor representing you that is easy to communicate with and get a hold of so that when you see a property you like, if your Realtor is available for you.
Buying a new home is an important decision which is why it's critical to have a qualified and knowledgeable Realtor that can guide and advise you throughout the process. It's also important to hire a professional Realtor that is a skilled negotiator that can expertly handle all aspects of your Real Estate purchase. While most Realtors have little to no training in negotiations, Megan Razavi has successfully completed the full Master Certified Negotiation Expert Designation in order to best represent her clients for Real Estate negotiations.
Finally, when buying a new home, it's important to consider the financial investment that you are making. Your Realtor should be familiar with the neighbourhood as well as the potential appreciation of your investment. Megan Razavi grew up in Ottawa where she has bought and sold several properties and has had an avid passion for real estate investment for over fifteen years. Whether you are buying, selling or investing it's important to Megan that you make the right choice for your financial future and she would be happy to answer any questions you may have about the Ottawa Real Estate market.