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Every time I meet with a new buyer lately one of the main concerns I hear (understandably) is how to avoid overpaying for their next home.
I thought it would be helpful to breakdown a solution to this problem.
Here is a 🧵 on 👉🏼HOW TO AVOID OVERPAYING FOR YOUR NEXT🏡
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I thought it would be helpful to breakdown a solution to this problem.
Here is a 🧵 on 👉🏼HOW TO AVOID OVERPAYING FOR YOUR NEXT🏡
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Before you bid on your next home your Realtor should create a detailed Comparative Market Analysis (CMA). The goal of a CMA is to understand the homes true value before you decide to buy it. List price in the GTA is just that, a list price. Doesn’t always reflect true value.
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A CMA is similar to what a appraiser does for a bank or mortgage lender before they approve you for a mortgage. The lender wants to make sure the home you are purchasing is worth the money they are lending against it.
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