Buyer’s Guide

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 instating the help of a knowledgeable REALTOR® 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 and bringing a pre-approved loan is always helpful.

Visualize Your Dream 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 neighborhood 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 REALTOR®

It’s important to partner with a REALTOR® you feel completely comfortable with. They’ll help you find a dream home that meets your needs and your budget, as well as set you up with viewing appointments, and help bring clarity to the complicated process of buying. Find an agent who is experienced and knowledgeable and will represent your best interests.

The Search

Using the property search on this site and consulting with your REALTOR®, you will be able to find homes in your desired area. They’ll update you frequently regarding new listings and schedule you appointments with sellers to view the listings you’d like to see. During C19, they’ll also take the proper precautions to keep you safe while finding the perfect home.

Closing

Your REALTOR® can help you place an offer that the seller will either accept, counter, or reject. After you’ve negotiated an offer, you’ll need to conduct a home inspection and deal with any repairs (the cost of which you can also negotiate with the seller). Finalize your mortgage with a visit to your lender, and you’re ready to sign off on ownership. This typically takes place in a lawyer’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.

Start Your Search Today

If you’re ready to start looking, I’d love to touch base and get you started on the process– let’s talk!

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