Buying Process

 

When purchasing a home, you are faced with a multitude of decisions. The primary one is whether you are actually prepared to purchase a home. Locating the perfect home is not always an easy task, and obtaining a mortgage loan can be a complex and tiring process. Nevertheless, once you have determined that you are ready to move forward towards your home-purchasing goal, the rewards are clear.

 

While at your side each step of the way, I will make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I will help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale that match your specifications, and help you through the myriad of details attending the actual purchase.

 

I am always familiar with the current homes on the market, and I know neighborhood values well, so I can help you determine which properties are fairly-priced and in good condition before you start your search.

 

1.  Identify Your Wants and Needs

Your first step to buying a home is to first ask yourself why you want to buy a home: to stop paying rent? To start building equity? To have a place of your own? To raise a family? To entertain business associates? To move up to a bigger house? Next, list what kind of home you'd like and where you would like to be. Be specific. Separate the "must haves" from the "want to haves."

 

Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (city, suburban neighborhood, country); community (north, south, east, or west side); neighborhood (older and settled or sparkling new; a particular school zone; recreational facilities; and other community services such as transportation, day care, library, stores, entertainment). Ask yourself how many minutes you are willing to commute to work.

 

Think about home styles. How much space do you need? Does your situation require a one-level home, or are stairs acceptable? Consider size and kind of property. Do you want a newer home, or maybe an older one to fix up? Someday you or your heirs will want to sell. Consider how long you expect to live in this particular home.

 

2.  Loan Pre-Qualification

Once you have addressed the above needs, your next step in the purchasing process is to get pre-qualified with a mortgage company. This can be done over the phone or even online in a matter of minutes.

 

I can refer you to a mortgage professional that has an excellent reputation and track record for successfully acquiring loan approval for his/her clients.

 

3.  Find The Right Homes For You

Once you've been pre-qualified and know what price range you want to stay in, I will help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them.

 

I have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search here at my website.  Once we have found the perfect home, I will provide a comparative market analysis so that you know its market value.  I will check that the home has a current real property report and completed building permits.


4.  Write an Offer On Your Terms 

I will help you write an offer on your terms with the conditions you require for your protection.


5.  Represent You During Presentation Of The Offer

Most people list their homes expecting to negotiate.  I will know the property's selling time on the market and will complete a comparative market analysis (CMA) to estimate its market value, which are essential information during negotiating.  I can represent you during negotiations so that you receive the best purchase price 


6.  Organize Financing and Home Inspection

I will help you complete your financing and home inspection, and close on the transaction. My top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.


7.  Coordinate All Services

I can provide professional referrals for mortgage brokers, lawyers, inspectors and appraisers.  I will coordinate services so that your move is a lot easier.


I will be working for you every step of the way to make sure that you purchase your new home for the best price.

Copyright 2018 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.