For most folks, buying a home is a big decision! Whether you are wanting your ‘dream home’ or a strictly ‘investment property’, the process can be daunting! But I also believe, especially if you’re spending the money, that it should also be fun! I will help you every step of the way. When purchasing a home, you are faced with a multitude of decisions, steps, and details to consider. To break it down here are the10 fundamental steps to help you.
STEP 1 Get financing organized; pre-approval with a bank or a mortgage broker. This can be done over the phone or even online in a matter of minutes. I can refer you to a highly reputable mortgage professional to assist you.
STEP 2 Pre-shopping conversation. It seems obvious, but the most important step. With my guidance, discern your objectives and develop a ‘wish list”.
STEP 3 Go shopping for your new home. Once you've been pre-qualified, know what price range you want to stay in, and the preferred criterion for your new home, I can help you determine which properties will best fit your needs.
STEP 4 Your new home is found! I prepare, review, present and negotiate your offer. When the offer is accepted – then, if required we deal with any conditions ( i.e. subject to financing, inspection etc. approx. 1week)
STEP 5 Remove of your conditions. Your deposit (typically 5% of the Purchase Price) makes your offer FIRM and BINDING.
STEP 6 Conveyance of the property. All documents then go to your lawyer/notary to begin their work.
STEP 7 Meet with your lawyer or notary. Approx. 4 days prior to the Completion Date to sign and bring final deposit bank draft.
STEP 8 Completion Date. The money and title of the property are transferred into your name.
STEP 9 Possession Date (usually the day after completion) 12 noon – is when you get keys and can move into your new HOME!
STEP 10 CONGRATULATIONS!!
I Will Help You Every Step of The Way
I will help you complete your financing and inspections, and close on the transaction. My top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.