In a tough seller91裸聊视频檚 market, homebuyers need to stand out from the crowd.

What91裸聊视频檚 your plan?

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

For money is the strongest motivator. It91裸聊视频檚 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

91裸聊视频淔irst-time buyers assume they have enough for a down payment, but they forget to check their credit,91裸聊视频� 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.

91裸聊视频淲e91裸聊视频檝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 credit91裸聊视频檚 bad.91裸聊视频�

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. 91裸聊视频淧eople forget about re-qualifying for another mortgage,91裸聊视频� says Donhauser. Canada91裸聊视频檚 new stress test and tighter mortgage laws may affect re-buyers in ways they don91裸聊视频檛 expect.

91裸聊视频淭alk to your banker, or better yet a mortgage broker.91裸聊视频�

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?

91裸聊视频淚t91裸聊视频檚 the very first thing you should do,91裸聊视频� says Donhauser, 91裸聊视频淭hen check back periodically as you continue your home search.91裸聊视频�

Until you91裸聊视频檝e looked at your budget, you won91裸聊视频檛 know how much house you can afford.

3. Make yourself the easy choice

91裸聊视频淲hen the market91裸聊视频檚 tough like this, the seller is definitely going to favour someone with their ducks in a row,91裸聊视频� 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?

91裸聊视频淚 had one client recently who lost three deals because the financing fell through,91裸聊视频� says Donhauser, 91裸聊视频淵ou see it on their faces. People get disheartened.91裸聊视频�

Save yourself the heartbreak and . If you91裸聊视频檙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.