Work with Ritchie Gunn for a smooth and successful Ottawa home buyers experience.
Before beginning your home search, it’s recommended to get pre-approved for a mortgage. This process will help you determine your budget based on your income, expenses, and current interest rates.
A pre-approval is a lender’s written commitment to lend you a specific amount, subject to certain conditions. It shows sellers you’re a serious buyer and helps narrow your home search.
Beyond the purchase price, you should consider closing costs, property taxes, home insurance, legal fees, and home inspection costs.
The timeline can vary but generally takes a few weeks to a few months, depending on market conditions, financing, and how quickly you find the right property.
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