Explore the real estate market

By Laurent Fontaine

May 27 2008

Read real estate agency publications and check out the wide range of specialized sites online.

Real estate listings in local daily and weekly newspapers often have great listings as well. You may also want to take regular strolls through the streets of your favourite neighbourhoods to find bargains and deals.

Before calling owners and their agents, check out the details of each property online via Micasa.ca.

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Choosing the right location
Start by making a list of all the features you want in your new home, then use the list to target your search.
Exploring the neighbourhood
Once you have started narrowing down your choices, explore every nook and cranny of the neighbourhood. Take the time to visit the area at different times during the week, and ask yourself the following questions.
Your credit rating is your best ally
Unless you’re independently wealthy and can pay for your home in cash, you’ll need to take out a mortgage. Before granting you a loan, your financial institution will conduct a credit check to determine your creditworthiness, which is reflected by your borrowing and repayment history.