Resources for buyers
Choosing to buy a home is one of the biggest decisions you’ll make in your life. It’s a complex ordeal that requires a lot of planning, and instating the help of a knowledgeable Real Estate Agent to make the process run smoothly. To ready you for this, here is a general overview of what to expect and prepare.
your next steps
Get your finances in order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. If you are buying property over 1M, the minimum downpayment required is 20%. You’ll need to meet with a mortgage specialist to determine what you can afford. Shopping around for the best rate & the best service is highly recommended.
Get your finances in order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. If you are buying property over 1M, the minimum downpayment required is 20%. You’ll need to meet with a mortgage specialist to determine what you can afford. Shopping around for the best rate & the best service is highly recommended.
Get your finances in order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. If you are buying property over 1M, the minimum downpayment required is 20%. You’ll need to meet with a mortgage specialist to determine what you can afford. Shopping around for the best rate & the best service is highly recommended.
Visualize your dream home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Visualize your dream home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Visualize your dream home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Meet with a Real Estate Agent
It’s important to partner with a Real Estate Agent you feel completely comfortable with. A REALTOR® can help you find your dream home, that meets both your needs and your budget. They will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home. You’ll want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests.
Meet with a Real Estate Agent
It’s important to partner with a Real Estate Agent you feel completely comfortable with. A REALTOR® can help you find your dream home, that meets both your needs and your budget. They will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home. You’ll want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests.
Meet with a Real Estate Agent
It’s important to partner with a Real Estate Agent you feel completely comfortable with. A REALTOR® can help you find your dream home, that meets both your needs and your budget. They will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home. You’ll want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests.
The search
Your Real Estate Agent will set you up on a search based on your unique set of criteria. This search will give you acccess to all property currently available in your chosen area. They’ll update you frequently regarding new listings and schedule showing appointments for you.
The search
Your Real Estate Agent will set you up on a search based on your unique set of criteria. This search will give you acccess to all property currently available in your chosen area. They’ll update you frequently regarding new listings and schedule showing appointments for you.
The search
Your Real Estate Agent will set you up on a search based on your unique set of criteria. This search will give you acccess to all property currently available in your chosen area. They’ll update you frequently regarding new listings and schedule showing appointments for you.
The Offer & Closing
Your Real Estate Agent can help you place an offer that the seller will either accept, counter, or reject. Make sure to review the home inspection or status certificate prior to agreeing to a FIRM offer. Once your offer is firm, finalize your mortgage with a visit to your lender, and you’re ready to sign off on ownership. This typically takes place in a lawyer’s office. At this point, congratulations are in order! Becoming a new homeowner is one of the most incredible feelings you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on. Time to sit back, relax and enjoy!
The Offer & Closing
Your Real Estate Agent can help you place an offer that the seller will either accept, counter, or reject. Make sure to review the home inspection or status certificate prior to agreeing to a FIRM offer. Once your offer is firm, finalize your mortgage with a visit to your lender, and you’re ready to sign off on ownership. This typically takes place in a lawyer’s office. At this point, congratulations are in order! Becoming a new homeowner is one of the most incredible feelings you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on. Time to sit back, relax and enjoy!
The Offer & Closing
Your Real Estate Agent can help you place an offer that the seller will either accept, counter, or reject. Make sure to review the home inspection or status certificate prior to agreeing to a FIRM offer. Once your offer is firm, finalize your mortgage with a visit to your lender, and you’re ready to sign off on ownership. This typically takes place in a lawyer’s office. At this point, congratulations are in order! Becoming a new homeowner is one of the most incredible feelings you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on. Time to sit back, relax and enjoy!
Are you a first time home buyer? Use this guide to educate yourself on the process!
Are you a first time home buyer? Use this guide to educate yourself on the process!
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© 2024 Ashley Smith
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by TREB. Listing data last updated 2023-06-15T06:11:33Z.
SAGE Real Estate Brokerage
Follow along @ashleysmithproperties on Instagram
join our newsletter
Stay up to date with Ashley Smith Properties
About us
Explore
Resources
Get in touch
© 2024 Ashley Smith
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by TREB. Listing data last updated 2023-06-15T06:11:33Z.
SAGE Real Estate Brokerage
Follow along @ashleysmithproperties on Instagram
join our newsletter
Stay up to date with Ashley Smith Properties
About us
Explore
Resources
Get in touch
© 2024 Ashley Smith
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate by TREB. Listing data last updated 2023-06-15T06:11:33Z.
SAGE Real Estate Brokerage
