Whether you are buying to owner occupy or you want to invest, there are a few steps that need to be taken.
#1 Define Your Goals
Are you tired of paying rent? Have you outgrown your current home? Would you like a larger yard? Would you rather live in a different area? Do you want to shorten your commute?
For investors: Do you want to earn rental income? How long would you like to hold on to the property? Do you want to renovate and resell? Do you need contractor recommendations? We can help!
Having a clear sense of your reasons for buying will help you choose the right property.
#2 Get Pre-qualified (if financing is required).
It is important to have a complete picture of what type of loan you are able to obtain as well as what you are willing to spend per month (sometimes those two things are quite different). ReCanoeRealEstate.com has a Buyer’s Net Sheet that you are welcome to use; however, a lender’s approval letter will be required for all offers. For future landlords: You will want to know the CAP rate for the property you wish to purchase. http://en.wikipedia.org/wiki/Capitalization_rate We can help you calulate that rate and other purtant information using our Investor Worksheet.
#3 Contact Us for Representation.
We can meet with you and start your MLS search. Please also feel free to use our property search tool.