Now that housing prices have stabilized, it may be the correct time to buy your dream home. Pertinent facts about the property, neighbourhood and community are always relevant no matter what the market conditions are.

Some of the questions to ask about the potential home would be:

  • Why is the owner selling?
  • Is the asking price too high?
  • Was this ever a grow-op?
  • How long has the property been on the market?
  • Exactly what is included?
  • Any major work recently concluded?
  • Can the basement be rented?
  • Proximity to public transportation?

Hiring a good realtor to represent you will ensure that you buy the property that suits your needs most.