1.  Know what you can afford.

Buyers often don't accurately estimate how much they can afford to pay for their home.  We can help you understand what that figure should be.

2.  Explore your downpayment options.

You will have a number of down payment options to choose from, ranging from a conventional mortgage with a 20% down payment to a low down payment mortgage which requires a minimum 5% down.  Low down payment mortgages require mortgage default insurance, which can be paid up front or aded to the amount you borrow.  However, first and foremost where is your downpayment coming from - your savings, gifted money, grant money, RRSP's?  There are many sources - are you aware of them all?

3. Know what your money buys in the marketplace.

Once you know what your budget is - what type of house and neighborhood can you buy into?  Does your budget match your dream?  We'll help you become "market wise" and show you how to get the best value for your money.

Call ReMax Cindy Savino and Associates today 934-0909, ext 140 or 222-2207.