It is very important to get pre-approved with your local mortgage broker or bank to know what you can afford and be happy with the terms and monthly payments. You need very basic information to get a pre-approval including information about your finances and credit score. Once you know how much you can afford, you can start looking at homes in that price range.
It’s important to remember that you are not only Buying the home but you are also buying into the neighbourhood. Things to consider when choosing that neighbourhood are: the type, proximity to work, what amenities are close at hand, what school district you would like to be in and proximity to that school. We can give you all the information you need to determine which neighbourhood suits your needs and set up your search criteria in that neighbourhood.
Absolutely! Your home is one of the largest investments you will make. Investing in a home inspector, which can range approximately $300.00 - $400.00 dollars is a small investment in comparison. They will give you an overall picture of the condition of the property you are about to purchase. Although you will receive a written report, consider accompanying the home inspector during the visit to get the answers you need to questions that may not be included in the written report. Listen carefully and take notes.
When you have found the home that is right for you, it’s time to make an offer. One of our knowledgeable REALTORS® will assist you in putting together your offer in writing, establishing the price of the offers, the name of both parties, deposit, what appliances or furnishings will stay with the home, when you would like to move in, subjects that are conditional to the sale, terms and conditions. As this is a legal binding contract, make sure you ask all questions you have before signing! We will assist you in creating the best offer to protect your interests.
Once you have decided which area, how much you are pre-approved for and your “must haves” in a home, we can combine that information together to give you up to date information of all the homes that are currently for sale. We will let you know when there is a new listing in your criteria. Ask about our Private Client Service (PCS) that keeps you up to date and how to get started.
Yes. It is a requirement from your lender that you have house insurance in place on your home. Visit your local insurance agency to confirm they will insure the house and your contents. Insurance agents recommend you obtain insurance equal to full replacement value of the home. Without insurance in place, the property closing cannot proceed.
As the completion date gets closer, you will need to be in contact with a lawyer or notary, of your choice, to finalize the transaction. We will make sure the lawyer and/or notary for both parties have all proper documents for the transaction. They will review all documentation and collect all the outstanding payments. We will work with your lawyer or notary to ensure accuracy and a quick, easy closing.