Buying a home is one of the most important purchases you will ever make, so make sure you choose the right realtor who can provide you with the experience and the service you deserve. Hire someone you feel you can trust. Look for a realtor who wants to earn your business.
A professional realtor will also work with you to help you understand current market conditions. Knowing whether you are dealing with a seller's market, a buyer's market or a balanced market will help you decide on the correct negotiating strategy when it comes to making an offer that will help to ensure that you end up with the right home at the right price.
Here are some of the steps we will take to find your perfect home:
Determine Your Wants and Needs
This is the single most important step. By asking you a series of questions we will establish what you are looking for. Our goal is to not waste your time by looking at properties that are not in your price range or homes that don't meet your needs. Through-out the buying process we will maintain your confidentiality and represent your best interests.
Help You Get Pre-Qualified
This step will show you how much you can afford. This is accomplished by speaking with your financial institution and establishing what monthly payments you will be comfortable with.
We will use every available method to locate a property that matches your search parameters. This will include properties listed with our office, offered through other real estate companies, as well as unlisted properties. We will disclose all known facts about the property that is likely to affect your decision. When we find the home that meets your criteria, we will assist you in writing an offer and act as a liaison between you and the seller.
It depends on the price of home you're buying. You can go for as little as 10% down if you qualify for a high ratio mortgage. You can even go for 5% down with a guaranteed mortgage. You can also use your RRSP's to buy a home. Again, speak to your lender or your realtor for full details on the many options available.
You’ll need to know about the costs involved in hiring a lawyer to handle the closing, be able to calculate the amount of land transfer tax on your new home, moving costs and other items. Your realtor will have information at his or her fingertips that will give you a good idea of the amount to budget for so that you will feel comfortable when it comes to closing and you get the actual bill.
Simple, by asking you what you want. The very best way for you and your realtor to connect is by meeting in person and discussing your needs. A professional realtor will be committed to investing time to meet you and listen carefully to your requests. To help that process, we have developed a comprehensive buyer's checklist of items that you can review to make sure that you have considered all of the important items, like community services, schools, transportation, as well as the features of the home itself.
Will I need a home inspection?
It is definitely worth while to ensure your peace of mind. Your realtor knows which companies have the integrity to perform a diligent inspection and provide you with a thorough report on the physical condition of the property that you are buying. Your realtor will also be present throughout the inspection to answer your concerns and questions.
Your realtor will pay attention to all the details, big or small. All major issues like, items to be included in the sale, closing and possession date, opportunity to revisit the home before closing, will be a part of the offer itself so that no misunderstandings can arise. Professional realtors think ahead and and cover off every potentiality possible.
Your well prepared resaltor has a list of proven professionals in all kinds of fields: legal, insurance, moving, decorating and so on, that they would be happy to share with you. Research has shown that consumers want the convenience of ONE STOP SHOPPING. Our aim is to give you the best possible service we can and to have you as a customer for life.
We have some excellent booklets that cover of some of these issues in more depth as well as answering your questions on a wide range of other topics. Give us a call now, or e-mail us for your free copy of any of the following:
Working with a Realtor - The Agency Relationship
Buying a Home
Affording a Home
RRSP Home Buyers Plan