The Kelowna Homes in this price range is a very fast moving market with many first time home buyers hoping to buy. In a quick moving market it is important to be knowledgeable about the houses in this price range and work with a good mortgage broker and a good Realtor who can help you to understand what to expect and what to look out for.
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The mortgage broker can pre qualify you for a mortgage and explain the different types of mortgages and the different conditions of a mortgage such as 1 year, 3 year or 5 year terms on a 20 or 25 year amortization. It is not only the interest rate that is important when choosing a mortgages, sometimes the terms can cost you money if you decide to sell before the term of the mortgage is finished. Take the time to ask your mortgage broker questions and understand your options, it can save you money.
A Good Realtor
A great Realtor can make the difference between being happy with your purchase and wishing you had looked around more. A Buyers Realtor is representing you the buyer and is guiding you along the route to finding the best location and home that you can afford. Sit down with your Realtor before you go looking at homes and find out what the process is for buying a home in Kelowna . Choosing an area or neighborhoods is important and now is the time to explain the agent what you want to achieve. Are you looking to be close to work or schools? Do you have a pet? Children? How long do you plan on living in the house or condo?
Once you have a price range ,determine an area or areas you would like to live in, and the size of home such as number of bedrooms, it is time to select homes to view. The best Realtor for you is one that is familiar with the area. The Realtor will probably already viewed quite a few of the homes available for sale can recommend which homes or condo you should view.
These are a few of the homes available in the $300,000 to $400,000 price range. To view any of these homes
Call Andrew Smith 250-979-8066
Royal LePage Kelowna