Choosing to buy a home is one of the biggest decisions you’ll make in your life. It’s a complex ordeal that requires a lot of planning, and I will do my absolute best to make the process run smoothly. To ready you for this, here is a general overview of what to expect and prepare.
Get Your Finances In Order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. Second, you’ll need to meet with a mortgage broker to determine what you can afford. Shopping around for the best rate is highly recommended. I have a couple of great connections that can help you find the best rate and terms for your purchase – let me know and I’d be happy to make a Recommendation!
Visualize Your Home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Meet With a Real Estate Agent
It’s important to partner with a Real Estate Agent you feel completely comfortable with. A REALTOR® can help you find your dream home, that meets both your needs and your budget. I will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home. You’ll want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests. As a Buyer, you want to be represented by someone who is honest, compassionate and professional – I’d love to help you!
Using the property search on this site will give you an idea of what is available, and for how much. I will help you search for what is needed while keeping your wants in mind – with the hope of exceeding your expectations along the way! Once we find properties you’d like to view in person, I will schedule the showings and guide you through the in-person showing process.
Making the Purchase
Once we find the right home for you, I will help you place an offer that the seller will either accept, counter, or reject. After you’ve negotiated an offer that both sides agree on, you’ll need to satisfy your subjects. This could include conducting a home inspection to ensure we know what condition the house is in, finalize your mortgage approval, and review the strata documents if it is in a complex. Once you’re completely satisfied and ready to put the SOLD sign up, we remove your subjects and you’re ready to sign off on ownership. This typically takes place in a lawyer or notary’s office. At this point, congratulations are in order! Becoming a new homeowner is one of the most liberating things you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on. I am honoured to be a part of the process for people, and appreciate the exciting time it is for them!