Deciding to buy a home is the biggest investment of your life. The process can be very daunting and stressful as it requires a lot of preparation. To gain a pleasant experience, you’ll need an experienced Real Estate Agent, who can be your guide throughout the entire process.
To prepare yourself for purchasing a home, here is a
general guideline of what to expect.
Financially Prepared
One of the first things that you should be aware of are the finances and the saving for the down payment, which is generally 5%-20% of the price of the place you are planning to purchase. Once you have the money put aside, you should be meeting with a qualified mortgage broker to qualify yourself for a mortgage. We highly recommend to meet with multiple mortgage brokers for an ultimate best rate.
Knowing what you want
When you have been qualified for a mortgage and established a price range of homes you should be looking at, it is now time to decide on the type of properties that would best suit your needs and wants. This could easily be done by a list considering the type of neighbourhood you want to live in and the facilities, including schools, you want to be close to.
Searching for a home
We will constantly be searching different websites to be able to find the finest home for you that meets your desires. We will also keep you updated on frequent basis with the latest trends and listings available in the market; set up and schedule showings with different sellers for you to view homes available in the current market.
Closing the deal
Once you have chosen a home that best fits your needs and wants, we can help you place an offer that a seller can either accept, counter or reject. If the offer has been accepted the next step for you is to hire an experience inspector to make sure the home you have chosen is in best conditions. Then you will be ready to sign off your mortgage with your lender and meet with a lawyer to take ownership of your new home.