This is the First Video in a Series of Videos with Tips for First Time Home Buyers in Vancouver’s Property Parket.
So you’re thinking of taking the plunge and buying your first home in beautiful Vancouver!
How Much Can I Spend? What to Know Exactly? 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 (or want to) 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!
Are you a First Time Home Buyer? Fill out the form below for Mike's First Time Home Tips newsletter list.
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
Karli Shih karlishih@gmail.com 604-992-9891
Jessi Johnson (604) 716-6474 jessi@jessijohnson.com
Want to learn more about mortgages and real estate financing?
Check out the videos on Vancouver Real Estate and Mortgages!
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!
Agent's Open on Friday, June 21st from 10AM-12NOON. Public Opens on Saturday & Sunday, June 22nd & 23rd from 2:00-4:00PM. To Schedule a Private Showing or Co... 
This property was SOLD on June 3, 2013 for $650K. For more details about this sale, contact Mike at 604-763-3136.
Looking for a LARGE PATIO & DIRECT WATER VIEWS in the West End? Loo... 
Open House on Saturday, June 22nd from 2:00-4:00PM and Sunday, June 23rd from 12NOON-2:00PM. Call Mike at 604-763-3136 to Confirm an Open House or to Schedule and Appointment for a Private Showi... 
This property SOLD on June 4th, 2013 for $365K. Call Mike for full details: 604-763-3136.
Welcome to Village on the Creek. A great family & pet friendly complex centrally located within walking distance of Lynn Valley Elementary, Arg... 
Open House on Saturday, June 22nd from 2:30-4:00PM and Sunday, June 23rd from 2:00-400PM. Call Mike to confirm an Open House or to schedule a private showing: 604-763-3136.
Price R... 
Open House on Saturday, June 22nd from 2:00-4:00PM. Call Mike to confirm an Open House or to schedule an appointment for a private showing.
PRICE DROP! Welcome home to this immaculate suite at the solid Chels... 
This Property SOLD on May 3, 2013 for $450K. Call Mike for more details: 604-763-3136.
Enjoy a HUGE 520sf North facing patio at the Oaks in Fairview. This bright, private and quiet suite DOES NOT face Oak Str... 
Call Mike at 604-763-3136 to schedule and appointment for a private showing.
Reduced to Sell! Welcome to the Grafton, a unique Yaletown loft with heritage-style concrete & steel construction. ... 
Call Mike to Confirm an Open House or to Schedule an Appointment for a Private Showing.
Price Reduced! Welcome home to expansive and unobstructed views of the North Shore Mountains at Emerald Park Place Sub-... 
Open house on Saturday and Sunday, June 22nd & 23rd from 11:30AM-1:30PM. Call Mike (604)763-3136 to confirm an Open House or to schedule an appointment to view privately.
New Price! Welcome home to 10’ ceilings and a bright southern exposure and 2 pa...
Great advice Mike … I’ve often wondered how 1st time buyers get into a market such as yours. Must be hard to find affordable properties that don’t need a ton spent on them once they buy.
Hi Dave,
Good to hear from you! Thanks for the kind words.
How are things in Ontario?
The weather here is getting better and the daffodils are up!
The market here can be tough for first time home buyers re: affordability.
Most people out here start with condos and work their way up to houses as they need them. The nice thing about a condo, is that a well managed/maintained/built one shouldn’t need work or at least you won’t have to do the work.
Do first time buyers start with condos in your market or are they able to buy houses?
Speak soon!
Pingback: Tweets that mention First Time Home Buyers Guide Vancouver – Episode 1 « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136 -- Topsy.com
Pingback: First Time Home Buyers Guide Vancouver – Episode 2 – Where to Buy! « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136
Great advice, Mike. Keep up the awesome videos.
Hi VyTri!
Good to hear from you!
Thanks for the kind words! Looking forward to seeing more from you!
Thanks,
M
Pingback: Vancouver Real Estate Blog by Mike Stewart » Blog Archive First Time Home Buyers Guide Vancouver – Episode 2 – Where to Buy!
This video is worth watching. I was able to get some tips on how to buy a home in Vancouver.
Good Post,,Nice information it will help to all a lot..Keep sharing..
Pingback: Vancouver Buyers Agents Disclose Real Estate Commissions in Writing! The Disclosure of Remuneration Document « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136
Pingback: Lowball Offers – What they are, how to do it, and how to deal with one if you are a Seller « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136
Pingback: Vancouver Real Estate Overpriced? « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136
Pingback: March 18 Mortgage Changes & Vancouver Real Estate 2 of 3 Maximum Refinancing Reduced to 85% Loan To Value « Vancouver Real Estate Video Blog by Mike Stewart 604-763-3136
Pingback: Buying Property in Vancouver and Your Credit Score with Karli Shih
Pingback: Chinese New Year 2012 and Vancouver Real Estate – Gung Hay Fat Choy!
Pingback: What is Home Inspection in the Vancouver Real Estate Market?
Pingback: Evan Presale Condo in Mount Pleasant