|
PLANNING AND EXPERTISE ARE PARAMOUNT WHEN BUYING A HOME!!!
|
|
|
GET THE MOST OUT OF YOUR NEXT HOME PURCHASE
If you're in the market to buy a home anytime soon, and you want to find the perfect home at the best possible price, terms and financing...there are three things you need to do up front.
FIRST
-Understand your personal emotions about the purchase of your home.
SECOND
-Get the most valuable, important information available so you make an educated decision.
THIRD
-Become informed about the very best financial resources and products to fit your needs now, not later.
HOME BUYING 101
I take the buying process as seriously as my buyers do, therefore, I offer nothing but the highest quality of service to my clients....and that's one of the reasons I'm so successful! When you decide to purchase your home, make sure you hire someone who wants to earn your business. Buying a home is one of the most important purchases you will ever make, so make sure you have the right agent who can provide you with the experience and the service that you deserve.
HERE ARE SOME OF THE STEPS I WILL TAKE TO FIND YOUR PERFECT HOME:
DETERMINE YOUR NEEDS AND WANTS This is probably the single most important step. By asking you a series of questions, I will establish what you are looking for, and then what you can comfortably afford. My objective here is not to waste your time by looking at properties that are not in your price range or houses that don't meet your specific criteria. Throughout the buying process I will maintain your confidentiality and represent only your best interests. HELP YOU GET PRE-QUALIFIEDThis 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. I can even suggest a mortgage broker or lender that could help. SHOPPING FOR A HOME I will use every available method to locate a property that matches your search parameters. This will include properties listed with my office, properties offered through other real estate companies, through the use of MLS. I will disclose all known facts about the property that are likely to affect your decision, then when we find a property that meets your criteria, I will assist you in writing an offer and act as a liaison between you and the seller. WORKING WITH A REALTOR "THE BUYER AGENCY RELATIONSHIP" A realtor acting as a 'buyers' agent' must do what is best for the buyer. A written contract called a buyer agency agreement establishes buyer agency. It also explains services the company will provide, establishes a fee arrangement for the Realtors' services and specifies what obligations a buyer may have. Typically, buyers will be obligated to work exclusively with the company for a specific period of time. Confidences a buyer shares with the buyers' agent must be kept confidential. Although confidential information about the buyer cannot be disclosed, a seller working with a buyers' agent can expect to be treated fairly and honestly.
|
|
|
|
|
1. Find the right representative
Even if you’re not quite ready to buy, your buyer’s agent can be an absolute wealth of information, and can often offer ‘scoops’ on local developments you might not have known about otherwise. Speak to your agent first and he or she can be helping to guide you right from the start.
2. Find out what your price range is
Online mortgage calculators are a good place to start, but as you get closer to being ready to buy, there is no substitute for a written mortgage pre-approval. Just speaking to your lender is an extremely worthwhile venture – this is the only way to really get an in-depth picture of your overall financial status and to discover exactly what you can reasonably afford to spend on a home (and possibly on renovating).
3. Find out what your local market looks like
The internet can be incredibly valuable in doing preparatory research. Start with your agent – he or she can direct you to valuable resources and immediately start e-mailing you real estate listings that may interest you (or at least give you a better idea of what your needs and wants are).
4. Find out what your true needs and wants are
Compose a needs/wants list that takes into consideration your local market conditions, your price range, and the advice of your real estate agent.
5. Find your dream home!
Once you’re ready to act, you may be surprised by how quickly you can make a decision. Armed with your pre-approval, a little market knowledge, and your needs/wants list, call your real estate agent, hit the pavement, and when you see ‘the house’, put in an offer.
With the right team behind you, it really can be that easy!
|
|
|
|
Step 1 - Enter Search Details
|
|
|
|
Price:
|
to
CAD
|
|
Bedrooms:
|
|
|
Bathrooms:
|
|
|
|
|
Types:
|
|
|
|
|
*
Minimum of 1 Type is required
|
|
Styles:
|
|
|
|
|
Locations:
|
|
To narrow search results, click the "Specify Locations" radio button above.
|
|
|
|
|
|
|
|
|
|
|
|
|
Your Agent
A successful purchase starts with the right representative. In fact, once you’ve selected the best agent to represent you, it is likely that he or she can recommend other professionals to join your team, taking more of the responsibility off of your shoulders.
Lender (Appraiser)
A bank is not just a bank. Having the right backer can be extremely important – it is your money we’re talking about after all! Make sure that your lender and financial representative is someone with whom you feel comfortable, and be wary of any lender who promises you more than you think you can reasonably afford. Your lenders may or may not require an independent appraisal, and typically will make arrangements for the appraisal themselves.
Lawyer
Your home purchase is far too important a transaction to skimp on legal representation at the risk of leaving yourself open to costly future issues. Find a lawyer who is willing to take the time to answer your questions and who specializes in real estate law.
Home Inspector
No home inspection is 100% guaranteed, but a few hundred dollars to catch a major problem now is certainly better than many thousands to correct that ‘surprise’ down the road. Ask your agent for a recommendation.
Contractor
Planning some renovations? You’re not the only one! The home renovation industry is booming, and in some markets, booking a contractor must be done months in advance (that’s a long time to go without a kitchen). Don’t let finding the right contractor slip through the cracks – planning ahead will almost certainly make your renovation smoother, and you contractor will appreciate the advance notice.
|
|
|