For More Information About Buying A New Home
Written by Administrator
Monday, 04 May 2009 11:34
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Buying a new home can seem like a complex process, particularly for first-time homebuyers. Fortunately, there is a wealth of solid and useful information available from many different sources that can help to guide you through the process. Most of this information is free-of-charge, or available at a modest price.

The Greater Ottawa Home Builders' Association

Call and ask for a list of member-builders and information on the homebuying process. Throughout the year, the Greater Ottawa Home Builders' Association organizes special consumer education campaigns, inviting the public to attend seminars, displays, open houses and Parades of Homes. Visit the Greater Ottawa Home Builders' Association at the Ottawa Spring and Fall Home Shows. It is a great opportunity for consumers to see what's new in the marketplace and meet the professional builders in your community. The GOHBA may be reached by calling 723- 2926.

Canada Mortgage & Housing Corporation

Call the Ottawa office of Canada Mortgage & Housing Corporation at 728-6884. CMHC offer many publications to assist you in making the right choice when buying a new home.

The Canadian Bankers Association

Call 1-800-263-0231 and ask for a copy of Mortgage Wise A Guide for Home Buyers.

Ontario New Home Warranty Program

The Eastern Ontario office of the ONHWP is in Ottawa, at 1130 Morrison Drive. Call them at 829-8877 to obtain a copy of their brochure "What Every New Home Buyer Should Know".

Real Estate Board of Greater Ottawa

The Real Estate Board of Greater Ottawa has prepared excellent publications for homebuyers, valuable to both resale and new home buyers. Large real estate companies also produce their own publications, which are readily available.

Banks, trust companies and other financial institutions

Most can provide good, straightforward financing information materials. Also, make a personal appointment to discuss your particular needs and circumstances. Many financial institutions also offer free home buying seminars. Keep an eye on your local newspaper for these seminars, but register fast - seating usually goes quickly.

Lawyer referral

If you have not been given the name of a lawyer by a friend, the Greater Ottawa Home Builders' Association can refer you lawyers who specialize in real estate in this area.

City Hall or your Municipal Office

Check the official development plan to see what changes might affect your chosen neighbourhood in the short and long terms. Arrange to meet the city planner to discuss the future plans for your area. (Most cities have an "Official Plan", which details much of the anticipated long term growth for the city.) While at City Hall, meet with an official in the Buildings or Zoning department to find out about any municipal restrictions or by-laws that may affect you.

Also investigate these sources of information:

  • Your local library
    Local public libraries have a wealth of information that you can borrow and peruse at home, including books and videos.

  • Your local community college
    Some colleges offer evening courses for first-time homebuyers. Check with local colleges like Algonquin College, La Cite Collegiale and CEGEP de l'Outaouais for courses they may be offering.

  • The cablevision Homes Plus channel
    The Rogers Homes Plus channel features many of the region's top builders. You may also collect a few good design or layout ideas for your own new home!
 
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