Home Buying Plan


10 STEPS TO PURCHASING YOUR NEW HOME

 

1- CALCULATE HOW MUCH YOU CAN COMFORTABLY AFFORD

-How much will you have for your down payment?

-How much will your closing costs be?

-Calculate how much you can afford for your monthly mortgage

Payment.

-Calculate other monthly carrying costs-taxes, utilities, house insurance

Etc.

 

2- DECIDE WHAT TYPE OF HOUSE YOU WANT

-Area you would like to live in

-Style of home-townhome, condo, detached, bungalow, 2 storey

-Features within the home-number of bedrooms,

number of bathrooms, approx. square footage,

-How much you want to spend

 

3- CALL ME TO CHAT ABOUT YOUR GOALS AND HOW TO ACHIEVE THEM

-Do you have a house to sell? How much is it worth? I will evaluate the

the current value of your home and offer tips on how to get you the

most money possible.

-Where to begin? I will fill you in on where to start and who to contact

to get the ball rolling. I have a whole list of preferred professionals that

I work with on a regular basis.

 

4- GET PRE-APPROVED WITH A LENDER

-Talk to a mortgage broker to get your financing in order. Find out how

much you can comfortably afford before we begin your home search. I

will forward all documentation to your lender once you have chosen

your perfect home.

 

5- START SHOPPING FOR YOUR NEW HOME!

-I like to make this a fun, exciting and informative experience for

my clients.

-After chatting about your needs, I will send you listings that match

your search criteria & we can start looking at houses.

-You can search realtor.ca as well but be careful, it can be addicting!

 

6- CHOOSE A HOME & PUT IN AN OFFER

-Once you have chosen the perfect home, I will do some research on

the price to ensure that it’s priced correctly in today’s market.

-We will then discuss the terms of the offer-price, closing date,

inclusions, conditions etc. and then draw up all necessary paperwork.

-I will help you negotiate the offer to get you the best possible price

and terms.

 

7- DO A HOME INSPECTION

-It’s always a wise move to do a home inspection. Even if it’s a newer

home. You never know what issues can lie beneath what you see. If

there are any concerns, we can address them with the seller and

negotiate a reduction in price or for the seller to rectify the issues.

 

8- FINALIZE THE FINANCING WITH YOUR LENDER

-Sign all necessary paperwork with your mortgage broker and confirm

with me that we are ready to waive your financing condition.

 

9- CHOOSE A LAWYER TO CLOSE THE DEAL

– I will give you a list of preferred lawyers for you to choose from.

Call around to find the lawyer you are most comfortable with. Once

you have chosen your lawyer, I will then send all of the necessary

paperwork to them for you.

 

10- START PACKING!

-Now it’s time to start packing your belongings. It’s always a good idea

to book your movers or reserve a moving truck as soon as your deal is

firm.

– Make arrangements to transfer over your utilities, cable, internet,

change your address at the post office, etc.

-Feel free to contact me at any time with any questions or concerns you

have along the way.