In a tough seller香蕉视频直播檚 market, homebuyers need to stand out from the crowd.

What香蕉视频直播檚 your plan?

Send the seller a personal letter? Entice them with treats?

For money is the strongest motivator. It香蕉视频直播檚 also the area where buyers most often make mistakes. Here are his top three tips for first-time buyers and re-buyers returning to the market:

1. A down payment is not enough

香蕉视频直播淔irst-time buyers assume they have enough for a down payment, but they forget to check their credit,香蕉视频直播� says Donhauser, PREC. Bad credit can carry over from big purchases like a car or a vacation, but it can also accumulate through something as simple as an unpaid phone bill.

香蕉视频直播淲e香蕉视频直播檝e seen deals collapse where people thought they had their ducks in a row but then they go to get a mortgage and find out their credit香蕉视频直播檚 bad.香蕉视频直播�

People re-buying after selling the family home may think their experience gives them an advantage, but the rules have changed a lot in recent years. 香蕉视频直播淧eople forget about re-qualifying for another mortgage,香蕉视频直播� says Donhauser. Canada香蕉视频直播檚 new stress test and tighter mortgage laws may affect re-buyers in ways they don香蕉视频直播檛 expect.

香蕉视频直播淭alk to your banker, or better yet a mortgage broker.香蕉视频直播�

2. Check early, check often

So how should you go about your house hunt? Should you explore the market first? Make a list of dream neighbourhoods? When should you talk to a mortgage broker?

香蕉视频直播淚t香蕉视频直播檚 the very first thing you should do,香蕉视频直播� says Donhauser, 香蕉视频直播淭hen check back periodically as you continue your home search.香蕉视频直播�

Until you香蕉视频直播檝e looked at your budget, you won香蕉视频直播檛 know how much house you can afford.

3. Make yourself the easy choice

香蕉视频直播淲hen the market香蕉视频直播檚 tough like this, the seller is definitely going to favour someone with their ducks in a row,香蕉视频直播� says Donhauser.

Think of it this way: if you had to choose between a buyer with financing in-hand and a buyer whose offer is subject to the sale of another property, who would you choose?

香蕉视频直播淚 had one client recently who lost three deals because the financing fell through,香蕉视频直播� says Donhauser, 香蕉视频直播淵ou see it on their faces. People get disheartened.香蕉视频直播�

Save yourself the heartbreak and . If you香蕉视频直播檙e looking for a home in the Okanagan, get in touch with , an independent member broker with RE/MAX Kelowna. Email garthclickforhomes@gmail.com or call (250)212-2838.