BUYERS
Know your budget! Your first step in the home-buying process is getting your finances in order which includes saving for a down payment (minimum 5% of purchase price) and speaking with a mortgage broker. Your mortgage broker will work with you on a pre-approval, discuss the current lending rates and get you a rate hold so you can confidently begin your search.
Start shopping! What are you looking for in your new home? This is when we discuss your wants, needs, and dreams. This is where we get into what style, size, and condition of the home you are looking for.
Now, the fun part: we will go view the potential homes.
You found the home you love; now let’s make an offer. This is a very time-sensitive step. We will discuss an offer price, subjects and conditions, and closing dates. An offer may be countered by the sellers. This can happen multiple times, accepted or rejected. Once accepted, you will work on any subjects that need removal. The deposit may also be due at this time.
Closing day! Your moving truck is ready. I will meet you at home with the keys.
SELLERS
Selling costs! You will want to talk to your Mortgage Broker about any penalties for paying out your mortgage. Additional costs for sellers are Real Estate commissions, Legal fees to pay out your mortgage, legal fees to transfer the title, your share of the Property Tax if the sale is before the Property taxes are due.
Meet with your Real Estate Agent! You will want to meet with your Real Estate agent to discuss your home and the current market value. You will want to discuss your Real Estate agent’s marketing plan, including professional photos, website presence for your listing, and any social media or print advertising.
Getting your home ready to sell! Tidy up the yard and front entrance, take down any personal items and photos.
