First Time Home Buyers Guide Vancouver - Episode 1 - Getting Started! By Mike Stewart, Vancouver Realtor, Downtown, West, False Creek North

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Real Estate Agent with Century 21 In Town Realty

First Time Home Buyers Guide Vancouver – Episode 1 – Getting Started!

By Mike Stewart, Vancouver Realtor

This is the first post in a series of tips for First Time Home Buyers in Vancouver’s property market.

So you’re thinking of taking the plunge and buying your first home in beautiful Vancouver!

How much can I spend? Get Pre-Approved!

If you have several hundred thousand dollars in your bank account, great!

If not, you should speak to your bank or a mortgage broker to find out how large of a mortgage you can get. The bank or broker will give you a mortgage pre-approval which is a rough estimation of what you can borrow. This mortgage pre-approval is based on the information you provide the bank or mortgage broker. Remember, the more accurate and detailed the information you provide, the more accurate the pre-approval amount!

Here’s a list of mortgage brokers who can help you with a mortgage pre-approval:

Chad Watts 7787736631 cwatts@mortgagegrp.com

Rino Revel 604) 816-1976 rinorev@telus.net

Mandeep Jhutee 6045169406 mjhutee@hotmail.com

Jessi Johnson (604) 716-6474 jessi@jessijohnson.com

Now that you know what you can spend, its time to figure what that money can buy. Be sure to Check out Episode 2 of the Vancouver First Time Home Buyers Guide – Where to Buy!

If you have any questions, feel free to contact me at any time!

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