Its really not that hard. Dont worry. The fun is about to begin.

Determine a realistic budget – If you do not intend to buy a property in cash, have yourself pre-approved for a bank loan so you have an idea of what you can afford. In-house terms are usually shorter and most buyers prefer to take advantage of corporate or government housing perks. Don’t forget to consider yearly bonuses and raises.  

Determine  the location of the property – Decide on an area where you want to buy a property.  Whether it be near your family, your office, your child’s school, your favorite golf course, your health care facility or your beach hideaway. Set your location priorities and get the assistance of a Licensed Realtor to prepare a property portfolio for you in your desired location.

Determine the type of property you want to buy – Do you want to buy an investment property to lease or re-sell?  Or do you plan to live in it yourself? Investment properties have premium over other properties and you should determine if that premium is something you are willing to pay for. You should also carefully consider what type of property is right for you, whether it be a traditional house, a condominium, a town home, a commercial asset or a leisure property. In deciding how many bedrooms to get, its always best to get an extra bedroom or space on top of your present requirement – better to have an extra bedroom / space that you may need later than need an extra bedroom /space and not have it.

Contact a Licensed Realtor – a Licensed Realtor can offer you unbiased advice on a range of properties, from different builders to a portfolio of re-sales that corporate agents cannot offer. Working with a Licensed Realtor will save you time and money, at the same time, offer you valuable real estate industry and economic advices that a biased mall agent employed by a builder may not. It is this important advice that will determine how well a property will fit your requirements.