Buyer’s Director
Deciding to buy a home is the biggest investment of your life. The process can be very daunting and stressful as it requires a lot of preparation and an assistant of an experienced Real Estate Agent, who can be your guide throughout the entire process, for a pleasant experience. To prepare yourself for all that you should plan for, here is a general guideline of what to expect.
Financially preparing
One of the first things that you should be aware of is the finances and the saving for the down payment, which is generally 5% of the price of the place you are planning to purchase. Once you have the money put aside, you should be meeting with a qualified mortgage broker to qualify yourself for a mortgage. We highly recommend to meet with multiple mortgage brokers for an ultimate best rate.
Knowing what you want
When you have been qualified for a mortgage and established a price range of homes you should be looking at, it is now time to decide on the type o properties that would best suit your needs and wants. This could easily be done by a list considering the type of neighbourhood you want to live in and the facilities, including schools, you want to be close to.
Choosing a Real Estate Agent to work with
One of the most important aspects when choosing a Real Estate profession to work with, is to make sure it is one you feel completely comfortable with. A professional realtor will assist you with finding a home that suits your budget, and one that meets all your needs and wants, so make sure your agent is knowledgeable and as your best interest.
Searching for a home
Your Real Estate Agent will constantly be searching different websites to be able to find the finest home for you that meets your desires. Your Agent will also keep you updated on frequent basis with the latest trends and listings available in the market; set up and schedule showings with different sellers for you to view homes available in the current market.
Closing the deal
Once you have chosen a home that best fits your needs and wants, your agent can help you place an offer that a seller can either accept, counter or reject. If the offer has been accepted the next step for you is to hire an experienced inspector to make sure the home you have chosen is in best conditions. Then you will be ready to sign off your mortgage with your lender and meet with a lawyer to take ownership of your new home. Congratulations ! you now own you’re a homeowner which can be one of the biggest accomplishments of your life.