What to expect when you're the buyer!
1. Get Pre-Approved
This is an important first step in the home-buying process. You don’t want to start house-hunting and fall for a home you can’t afford. I’m happy to refer you to a mortgage associate to get started.
2. What You Want
Now that we know your budget, let’s talk about what you want in a home. First home? Income property? Fixer upper? Location close to work? Downsizing? Space for family? The information you give helps me to personally select listings that will work for you.
3. The Fun Part
Looking at houses! This should be a stress free activity for you. I’ll have already found places for you to view, booked the appointments, and will meet you there to give a tour.
With over 10 years working in real estate, I’ve sold hundreds of properties, spent hours with home inspectors and contractors, and have personally renovated over a dozen homes myself. I’ll be pointing out the positives and also the possible issues with homes we’re viewing, to help you make the most educated decision on your purchase. Have questions about putting in a basement suite? Changing the format of the kitchen? Installing a garage? Just ask!
4. Making an Offer
When you find a home that you’re ready to purchase, we’ll work together on an offer. I’ll prepare all of the paperwork, and send it to you electronically through Authentisign. You can sign these documents right from your mobile device, so you can be anywhere at the time.
I’ll negotiate for you in your best interest, always working to get you the best deal possible. The seller may also want to negotiate and send a counter offer. Be prepared to compromise a little if you really love a home. $4,000 extra on your mortgage doesn’t actually amount to much on your monthly payment - as long as the price is within your budget in the first place.
5. Closing
The sale of a home will often have conditions (financing, an approved home inspection, etc.). You may have more paperwork to complete with the mortgage associate, and this should be completed right away. If you require a home inspection, I will schedule one for you with an approved inspector. You’ll also be required to purchase home insurance for the property as soon as the sale is final (the conditions have been removed and your “to do list” completed). At that time, you’ll need to finalize paperwork through a real estate lawyer. I can refer you to a lawyer my clients frequently work with if you don’t have one already. If you have any questions, don’t hesitate to ask! As a Realtor, I’m with you every step of the way in your home buying journey.
6. Check out the Home Buyer’s Road Map!
https://www.realtor.ca/resource/homebuyers_road_map.pdf
For more information, click on the link from the Realtor.ca website.