Home Buyer`s Resources
You have decided to purchase a home! This process can be both exciting and frightening! It is most likely the largest investment you will ever make. We are here to assist you with every step of the way! We will make locating and purchasing a home a trouble free, pleasant experience, that is less time consuming and less expensive! We will help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale that match your specifications. We are always familiar with the current homes on the market and know neighbourhood values, this enables us to determine which properties are fairly priced and in good condition. We will assist you with the many details associated with the actual purchase right though to moving day!
Purchasing a home ranks among our client`s most important experiences and we approach our task with sensitivity, concern and the highest degree of professionalism.
Things to know about our working relationship: We are legally obligated to protect and promote the interests of our clients as they would their own. We have the following duties:
- Undivided loyalty - We must protect your negotiating position at all times, and disclose all known facts which may affect or influence your buying decision.
- We must obey all lawful instructions from you.
- We have an obligation to keep your confidences.
- We must exercise all reasonable care and skill in performing all assigned duties.
- We have the duty to account for all money and property placed in our hands while acting on you behalf.
You can expect competent service from us, knowing that we are bound by ethics and the law to be honest and thorough.
Step One: What are my housing needs and what are my choices?
Consider location (city, suburban neighbourhood or rural), community (north, south, east or west side), neighbourhood (older and settled or sparkling new), types of housing (single family, town homes, apartment, duplex or mobile home), types of housing ownership (freehold, leasehold, condominium, or cooperative). Take into account size, style, new construction, fixer-upper, or renovated. What about size and condition of yard? Think about amenities; levels of schools, recreational facilities, community services, transportation, hospital, places of worship, day care, library, shopping, and entertainment. Ask yourself about driving times to work and activities.
Step Two: What can I afford?
The earlier you establish your price range and pre-qualify with a lending institution, the more focused and successful your search will be. This can be done over the phone or even on line in a matter of minutes. Or you may quickly estimate your monthly payment for a specific price range using our online mortgage calculator.
Obtaining financing is a complex and often confusing process. If you need help please contact us to discuss your real estate goals as well as refer you to a mortgage professional that has an excellent reputation and track record for successfully acquiring loan approval for his/her clients.
Step Three: Finding the right home for you!
We have the best possible resources and communication systems available today to help you locate the homes on the market that match your requirements. However your greatest advantage in working with us is that we can expose you to unadvertised properties and properties without "For Sale" signs, as well as those properties listed through the Multiple Listing Service. Start by searching our listings!
Step Four: To assist you with the buying process.
We have all the information you need - from a basic step-by-step overview to property comparison checklists. So whether you`re a first-time buyer or need a brief buying refresher, let us help you through it all. Questions & Answers for Purchasers
The Big Search - We will be continually searching for just the right home that meets your criteria, researching and providing you with new listings as they come on the market.
Writing the Offer - Once we have located the right property for you we will prepare a written offer, which will lay out the terms and conditions of your purchase. Basic terms include a total price, completion date, deposit amount, balance of down payment amount, a list of any inclusions, any exclusions and subject clauses.
About Subject Clauses - A subject clause is a condition of the offer to purchase meaning that the offer is made subject to the buyer`s approval of or being approved for something or possibly the confirmation of a detail pertinent to the offer.
Home Inspection - Having a professional home inspection done can minimize potential surprises & possibly eliminate costly home repairs in the future.
Home Insurance - Call your insurance broker for quotes on home insurance, you will not be able to complete your home purchase without first obtaining fire insurance if you are financing with mortgage funds.
Applying for Mortgage - We can help you shop around for the best mortgage loan deal and assist with the qualifying process.
Costs Associated with Buying - Some of the costs you can expect are application fee, appraisal fee, mortgage broker fee with lending institution, survey fee, interest adjustment, legal fees, CMHC fees, Goods & Services Tax on new construction and property tax adjustment.
Closing Day - We have your keys and we will do a walk-through inspection with you to ensure that your new home is in the same state as when you previously viewed it.
Moving Checklist - It`s Your Move
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