Hidden Costs While Purchasing A Home

 Buying a home in Comox Valley is like gathering a prized possession of a lifetime. At the start, though the down-payment money is high, it is always advisable to think of the future and calculate the expenses that can occur immediately or in the long run as a homeowner.

As a property owner, let's try to figure out the hidden costs that can incur, which you may have not even thought about Houses For Sale In Courtenay Comox .

Property Tax

Property Taxes are based on the accessed on your property valuation. They ought to be paid annually and can be added to the monthly loan payment, meaning that your moneylender/bank can pay for you.

Maintenance Costs

It is an unsaid statement; being a house owner, you will come across various maintenance and cleaning bills. The amount of these bills can vary, but they are a liability at the day's end. Work such as replacing windows and doors might not need to happen often, but it is important to keep track of the larger maintenance work so that you can avoid being depressed with a large chunk of money being spent on the repair and replacement of these things.

Utility Costs

Utility costs do not just include water and gas – they can include other costs you have to pay locally, such as sewage, which might not be added to your property tax.

Homeowners Insurance

Insurance is a mandate for all property owners. The installments usually depend on various factors, such as the valuation and age of the property, claim history, geographical location, contents, and accessibility to convenient things of day-to-day life.

Emergency Costs

At all times, things are not in our hands; for such rainy days, it is advisable to keep a little of your monetary savings aside. Knowing this, try finding a home a=which is recently built rather than an aged property for the obvious reason that the aged property will require repairs sooner.

Parking

Does the home seller provide you with a parking space of your own along with the home? Is a question to be raised. Keep your eyes wide open in the new area to look for parking spaces. Also, enquire whether you need a permit and how many spaces will be allocated to you lawfully. If parking space isn't a part of the deal with your homeowner, you will have to bear the additional expense for the same.

To conclude

Get a fruitful property transaction experience; be aware of these hidden costs.

3 Steps to Help You Choose Your Ideal Real Estate Agent in Comox Valley

Buying or selling a property is a big investment and an exciting and emotional event. This is also one of the main reasons why you should always trust the job with experienced professionals.

But in an ocean of real estate agents, how do you find the right one for your needs? You follow the three steps mentioned below. 

1- Choose an agent based on experience than recommendations and person

Your friends and family might suggest an excellent agent. And that is also not a bad place to start your hunt. But one thing that you should keep in mind is to choose the agent based on experience rather than the person. This will help you get a good deal, and your experience will be pleasant. 

2- Search for someone who genuinely cares about the property than the sale

Most of the agents only work with a single rule of making the sale. Though this is an approach, most people like. This may not be the ideal choice for everyone. An agent interested in your property will help you sell the property, guide you with various aspects, and get a good resale value. 

3- Read their reviews and testimonials

Many real estate agents have their websites. These websites will display the real estate listing in Como Valley and other vital information such as reviews and testimonials. Their website is not the only place where you can read the reviews. You can check Google, Glassdoor and Yelp for their reviews. Reviews help you understand how good the agent is. 

Final thoughts

These points will help you choose the ideal agent for you in Comox Valley.