BUYER FAQs

What is my budget?

“What’s my budget?” Or “How much can I afford?” Is a question real estate agents are often asked.  It was Kevin O’Leary who recently said you shouldn’t spend more than 1/3 of your after-tax income on a mortgage payment in 2025.  Linda Bowers is a real estate broker who is happy to sit down with you to review all the factors you need to consider, from your financing options to additional costs. Her goal is to ensure you're comfortable with your budget so you find a home that truly complements your lifestyle and financial plans.

What are the current interest rates?

Current interest rates are continually changing. With the real estate landscape constantly evolving, Linda keeps a close eye on interest rates and market trends. She’ll provide you with up-to-date information so you can secure a loan that works best for you. You can check online comparisons with RateHub.ca (a Canadian Company) https://www.ratehub.ca/current-mortgage-rates-ontario

What type of mortgage should I choose?

Choosing a mortgage is as personal as the home itself. Linda will guide you through the different types of mortgage available and can connect you with trusted lenders locally who can help tailor the best solution for your needs.  See Our Team page.

What is the state of the local real estate market in Kincardine area?

Kincardine's market has its unique dynamics. As someone deeply familiar with this region, Linda Bowers can offer insights on whether it's a buyer's or seller's market, helping you make informed decisions. One type of property that never goes out of style is lakefront property!

Are there any additional costs involved in buying a house?

It’s important to consider all additional costs when buying a house. Transparency is key. Beyond the purchase price, Linda Bowers will help you look at closing costs, property taxes, and maintenance expenses, ensuring there are no surprises down the road.  She can even offer some insight for insuring your mortgage.

What should I look for during a home inspection?

Linda Bowers works with experienced inspectors who you can count on providing a thorough evaluation. She’ll help you focus on the structural integrity, systems, and any potential red flags to make sure your investment is sound. The Century 21 In-Studio website has a whole section on “The House” describing 16 different components of a house that you should be familiar with when buying a home.

How is the neighborhood?

Knowing the neighbourhood is essential, something that may be overlooked if you don’t have an experienced real estate agent on your side. Linda Bowers guide you, exploring the community together, you’ll meet some neighbors, and see what the neighbourhood you’re considering offers in terms of safety, schools, and leisure—so you not only love your home, you love where it is too.

What is the resale value of the property?

Resale value is something most people will ask about when buying a home or property. Linda Bowers can provide you with a detailed market analysis that considers both current conditions and future projections to help you understand the potential resale value of your property.

Are there any restrictions or covenants on the property?

Restrictions or covenants on the property are another element of transparency you need to ensure you’re fully informed about. Are there any HOA regulations, zoning laws, or property covenants? An experienced real estate broker, like Linda Bowers, helps to ensure there are no unexpected limitations on what you can do with your home.

How long has the property been on the market?

Most listings will tell you how long the property has been on the market. This information can be a helpful negotiating tool. Experienced brokers like Linda Bowers, will provide detailed background on the property's journey to help you leverage its market history effectively.