Tips for First-Time Buyers
Buying a home is one of life’s big moments and we are honoured to be part of this significant event in your life.
We have helped many home Buyers and we offer the following advice for a successful sale:
Make a Reasonable Wish List. Include home and neighbourhood features that are important to you. The more thorough and detailed your list is, the more relevant information we can gather for you and the more focused your search will be. Spending time on this step saves time in future steps.
Get Your Financing Organized. Your mortgage professional will help you either (a) get pre-qualiﬁed for the loan or, better yet, (b) get an actual loan approval, contingent upon appraisal of the property you choose. Pre-approval raises your value as a Buyer in the eyes of Sellers. We can recommend mortgage professionals if you don’t have one.
Buyer Representation. Signing the Buyer Representation Agreement means that you are choosing to work with us as your Buying Agents. There are a number of special services we perform after you oﬃcially choose us. We work hard to save you time, save you money, and minimize stress so you can enjoy the process of buying your ﬁrst or next home.
Communication is Key. Throughout the home search process, it’s important to have open communication between us. As we see homes, your priorities may evolve, so be sure to tell us about any changes in your goals or preferences as we go along.This will save time and help you and the right home find each other expeditiously.
Writing the Purchase Agreement. When we ﬁnd the right property, it’s time to put together an oﬀer. We will have a thorough conversation to create an Oﬀer to Purchase and a strategy that best reﬂects your intentions. It’s important to ask any and all questions that you may have about this stage to ensure you are informed and feeling as comfortable and conﬁdent as possible.
The Offer Presentation. As soon as you sign the Agreement, we will register it with the listing brokerage and ask for a prompt presentation, in person, with the Listing Agent and Seller. The Seller will either accept the oﬀer, refuse the oﬀer, or counter (aka: “sign-back”) the oﬀer. If the Seller counters the oﬀer, then it is your turn to respond. We will provide information and advice every step of the way until the deal is done.
Resources and Recommendations. When the oﬀer is accepted, we are still here to help and support you. We have alliances and professional resources that can help you complete the deal or help you make your house into a home. We manage any issues that may arise and make sure that Closing Day goes smoothly.
The only bad question is the one you didn’t ask. So, ﬁre away. We’re here to assist you with the information that is important to you.
Buying a home doesn’t have to be stressful. Indeed, it can (and should) be an experience that is as smooth and stress-free as possible.
Feel free to contact us if you have any questions or would like to discuss your real estate needs and objectives and the ways we can help you successfully achieve them.