Buyers

The purchase of a home is one of the biggest decisions we make in our lives. It’s a process that requires planning and a series of steps that can potentially be filled with hurdles and pitfalls.

Seeking the help of an experienced and professional REALTOR® to help ensure the transaction runs smoothly can be one of your most important decisions. To help you get started, here is a short list of what you can prepare for.


Finances


The first step in the process is to meet with your bank or a mortgage broker, to determine what you can afford. They will pre-approve you to lock in an interest rate, give you a guideline on what you can spend and discuss your down payment strategy (The current minimum down payment is 5%). While shopping around for the best rate is being a smart consumer, this should be done by a mortgage broker as opposed to going from bank to bank, as that can adversely affect your credit score.


What to Look for


Once you are up to speed with your budget and your down payment is in place, you are ready to decide what type of home you are looking for. The old adage of location, location, location is one of the most important aspects of finding the perfect home. Factors such as schools, parks, amenities and accessibility to major arteries and airports are things that can't be changed. 


Choosing a REALTOR®


Finding a REALTOR® with the right fit for you and the knowledge you require, is important. A REALTOR®, who is knowledgeable in your chosen area can help you find the perfect home and guide you towards better locations, prices, schools, etc. From viewing the first home, through the entire complicated process and up to possession day, your REALTOR® will guide you and will represent you to ensure your best interests.


Finding Your Home


As your REALTOR® I will discuss your wants and needs and will help you get first access to homes within your desired criteria and in your chosen area. I will set up an automated search system that alerts you the moment a new listing is entered on the system, ensuring you are one of the first to have access. I will then schedule appointments with the sellers, so we can view the homes of your choice.


The Deal


As your REALTOR® I can help you place an offer. I will guide and advise you through the entire process. After we’ve negotiated an accepted offer, we will need to book a home inspection, obtain financing and possibly an appraisal (possibly other conditions, each purchase is different).  Once these conditions have been satisfied, we will have a firm deal and signing the legal work follows. This is typically done with a lawyer.

After this, it is time to pack and prepare for the possession of your new home!!


CONGRATULATIONS!!

Buyers Tips

8 Mistakes to Avoid When Buying a Home

You've been saving for awhile, weighing your options, looking around casually. Now you've finally decided to do it - you're ready to buy a house. The process of buying a new home can be incredibly exciting, yet stressful, all at once. Where do you start?

Buying a Home: What Expenses to Expect

Budgeting for a new home can be tricky. Not only are there mortgage installments and the down payment to consider, there are a host of other - sometimes unexpected - expenses to add to the equation. The last thing you want is to be caught financially unprepared, blindsided by taxes and other hidden costs on closing day.

Hire the Right Agent, For the Right Reasons.

Finding a real estate agent who is right for you requires doing a little homework, and asking the right questions. Choosing an agent is a decision that could ultimately cost or save you thousands of dollars. Keep in mind the individual you choose will be handling almost every maneuver in the biggest financial investment of your life. Experience, interests, and expertise vary from agent to agent, so you should be asking very specific questions in order to align your own needs with the abilities of an appropriate representative

Home Inspection: Top 10 Problems

Each homebuyer has different ideas of what will constitute the ideal home for them, these notions often based on particular aesthetic preferences. But one thing that unites all potential homebuyers is the desire to find a home that is fundamentally sound - in areas beyond the immediate sweep of the eye - and that will provide a safe, comfortable, and efficient foundation for their life behind a new door.

Know the Market Before You Buy

The asking prices of most homes on the market indicate the current state of the market, and usually mirror the prices for which other similar homes in the area have recently sold. In deciding upon a selling price, a home-seller must establish a balance between the desire to draw the highest offer and finding a price that will be reasonable enough to attract an appropriate pool of prospects, and competitive offers. While most selling agents counsel their clients to consider this equation when pricing their home, keep in mind that some homes are not properly priced.

7 Things to Look for in a New Neighborhood

Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you'll make in the home-buying process; your choice of environment will affect the way you experience your new home.

Stop Paying Your Landlord! Own Your Own Home

The thousands of dollars in rent you've already paid to your landlord may be a staggering figure - one you don't even want to think about. Buying a house just isn't possible for you right now. And it isn't in your financial cards for the foreseeable future. Or is it? The situation is common and widespread: countless people feel trapped in home rental, pouring thousands of dollars into a place that will never be their own - yet they think they're unable to produce a down payment for a home in order to escape this rental cycle. However, putting the buying process into motion isn't nearly as impossible as it may seem. No matter how dire you believe your financial situation to be, there are several little-known facts that may be key to helping you step from a renters rut to home-owning paradise!

Tips for the Moving Process

It's official: you've signed the papers, dotted all the i's and crossed the t's - you own a new home! You've almost reached the end of your journey. However, now, faced with the daunting task of moving, it may seem as though the journey has just begun. Moving can be a time-consuming and stressful experience if you let yourself be overwhelmed by the job. Remember, though, having a successful move means taking care of the details, one by one. If you break the process down into steps and arrange your time accordingly, you can make it manageable.

Top Legal Mistakes to Avoid

The process of buying or selling a house seems to involve a million details. It is important that you educate yourself on as many parts of this process as you can - this knowledge could mean the difference of thousands of dollars in the long-run. The legal issues involved in the process are often particularly intricate, ranging from matters of common knowledge to subtle details that might escape the untrained eye. Any of these issues, if not handled properly, could develop into larger problems

Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.