BUYING YOUR HOME

  • Key points to remember:

    • 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 amount of mortgage you qualify for. It’s best to shop around for a lender. Please contact me for some excellent referrals.

    • Visualize your Dream Home:

      Once you’ve established a price line it’s time to visualize what type of home best suits your lifestyle. Think about things like schools, recreational facilities, what the neighborhood is like and so on. Why you’re choosing to buy should help you answer these questions for you - so think about it carefully.

    • 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. They will set you up with viewing appointments and also bring clarity to the complicated process of buying a home. You’ll want to go with an experienced an knowledgeable REALTOR® who you can be sure will represent your best interests.

    • The Search:

      Your REALTOR® will search the latest market listings for homes that meet your qualifications. They’ll update you frequently regarding new listings and schedule house viewings with the Seller’s agents.

    • The Closing:

      Your REALTOR® will help you place offers that the seller will either accept, counter or reject. Your agent will also help negotiate important items in the purchase of your home, ie completion date, whether the play house in the back yard remains. Once an offer is accepted you’ll want to arrange for a home inspection and home insurance. Time to finalize your mortgage with your lender and you’re ready to sign off on ownership which usually takes place at your lawyers.

      CONGRATULATIONS on becoming a new home owner. There are many benefits to home ownership - pride of ownership, building equity, the ability to make home improvements, building family memories, appreciation and the list goes on !