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| Do you like being close to downtown, or would you prefer living outside the city? Do you like or dislike the prospect of maintaining a lawn and garden? Where would you like your children to attend school? These are lifestyle decisions that play a large role in the new home buying process.
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| Once you’ve chosen the location and the type of new home that fits your needs, meet with a financial representative to determine a mortgage amount that you can comfortably afford. This will ensure that you spend your time wisely on homes within your price range. You should also consider getting a pre-approved mortgage, which will allow you to shop with added confidence.
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| Talk to homeowners in the neighbourhood(s) you’re interested in. Find out if they were satisfied with the level of after-sales service that they received from their builder.
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| Before you sign your Agreement of Purchase and Sale (APS), which is the contract for the construction of your home or condominium, there are a number of steps to take. One of the most important is to have your APS reviewed by a qualified real estate lawyer. There are additional steps and issues for you to consider, and we have created a list of them for you to review when you’re making the deal.
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