One of the largest purchases you make will no doubt be buying a house. Before you embark on this journey, it is important to review your finances and know that your finances are in order. Here is how to review your finances before you buy a home.
If you are going to start looking for home in Ottawa, a good place to start is with reviewing your bank account history to learn more about your spending habits to see where you money is currently going.
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Also you can see how much, after deductions (if applicable) is entering your account with each pay.
Also, if you plan to buy a home with someone else, it’s important that they review their finances as well.
Once you have reviewed your accounts, you can ask yourself:
Contact me today to learn more about how to review your finances before you buy a home.
Andrew Thake is a seasoned mortgage broker with over 15 years of industry experience. He’s assisted more than 2,200 clients in finding their ideal mortgage solutions. Recognized for his excellence, Andrew has received high honours and awards, including the National Rookie of the Year from TD Canada Trust and recognition as a Top 10 Ottawa Mortgage Broker in 2023. He has also been inducted into the Hall of Fame at Dominion Lending Centres and has consistently received their Platinum Award during his tenure as a mortgage broker.
Andrew’s dedication lies in serving his clients and prioritizing their needs with an empathetic approach. Throughout the application process, he provides tailored, informed, and efficient services to ensure the best mortgage solutions for his client’s unique circumstances. The best part of Andrew’s job is when he gets to see the joy on his clients’ faces following their mortgage approval.