For Buyers
Buying a home?
Buying a home can be a long and difficult process, but it does not have to be. Whether you are urgently searching for a home to move into quickly, or you are simply browsing for something different at your leisure, I can help you every step along the way.
Note:
You should contact and agent who can help you with any problems that may arise while you are looking for a home.
I will never charge any fees to work with buyers interested in purchasing a home. I will work with a team of agents dedicated to finding the perfect home for you and your family. But my work does not end there. Finding a home is the easy part; actually buying the home is where my experience as an agent will shine.
As an Agent:
I will always be on your side, fighting to get you the best home value for your price range.
I will represent your interests at every step of the deal.
I will make as many offers and counter-offers as necessary for you to get the house you are bidding on.
Basic Steps
The first step in finding a home is identifying your needs as a buyer. Your future home must be large enough to accommodate all members of your family, and there should be some potential to expand the home if you are considering future children. Also to think about is the exact area where you would like to live. Should it be near parks and schools, or closer to Downtown attractions and workplaces.
The next step is to determine your budget for your home. In this step it may be helpful to see a mortgage broker and get pre-qualified for a specific financing amount if you intend to mortgage your home. Some important factors to consider are mortgage rates, home taxes, condo fees, and the Quebec Welcome tax charge.
Once you have a general idea about the kind of home you want to purchase you can actually begin you search.
I can provide you with dozens of house listings which match the criteria you are looking for in a home. Some agents like to lead you on by handing you one listing at a time. I prefer giving as much information to you as possible, so that you can visit many homes in order to make an informed decision.
Once we find a home which is perfect, we can draft an offer to purchase the home. This is a document which contains all the important legal details about the sale. This offer to purchase will be presented to the home seller and it will either be accepted or rejected.
In most cases the seller may draft a counter proposal with some modifications to the original proposal. This is the deal making process at work, and a good agent will be able to keep the deal moving until a sale is created in which both seller and buyer are satisfied.
The next phase in the real estate transaction involves professional inspections of the home and a visit to the notary’s office to finalize the sale.
Clearly there is a lot of negotiating and organization that must be followed before a deal is brokered, and as your qualified real estate agent, I will take care of all the work, free of charge to you, so that you can rest easy and simply dream about living in your new home.
Important tips to remember
You should contact and agent who can help you with any problems that may arise while you are looking for a home.
I will never charge any fees to work with buyers interested in purchasing a home.
I will work with a team of agents dedicated to finding the perfect home for you and your family.
But my work does not end there. Finding a home is the easy part; actually buying the home is where my experience as an agent will shine.
I will always be on your side, fighting to get you the best home value for your price range.
I will represent your interests at every step of the deal.
I will make as many offers and counter-offers as necessary for you to get the house you are bidding on.
I will ensure that the home you are buying has all the proper legal documents to allow the sale to pass without delay.
I will take care of all matters involving the notary, so as to ensure that the notary has all pertinent documents for the sale.
Mortgages and getting prequalified
When you are buying a home, receiving the right financing terms may ultimately be the most integral part of the process. I can help you through the mortgage process and refer you to many good mortgage institutions that will be sympathetic to your needs. As an Agent for L’Expert Immobilier, we even have a dedicated team of mortgage brokers who will get you the most favorable terms on the market, and will be able to scan institutions across Canada for the best rates. Since I have a McGill Bachelors Degree in Commerce, Majoring in Finance, I will be able to help you and advise you through every step of the process.
Pre-qualification
A very important step in the home buying process is getting pre-qualified for a mortgage on a home. This is important because if you will be financing your purchase you will want to know exactly how much “Home” you can afford. I can Pre Qualify you for a mortgage, or I can refer you to an independent mortgage broker who will take care of all your needs. Banks are also reliable places to get pre-qualified for mortgages, however in the end, it might be better to see a separate and impartial mortgage broker who will consider each client request starting as a “clean slate.” Meaning that your past history will not be any hindrance.
Down Payment
As part of your offer, you will need to disclose the size of your down payment. Once again, this allows the seller to evaluate your likelihood of obtaining a home loan. It is easier to get approved for a mortgage when you make a larger down payment. The underwriting guidelines are less strict.
Interest Rates
Another reason for including financing information in your offer is to protect yourself. If interest rates suddenly become volatile and rise quickly, as sometimes happens, you may looking at a mortgage payment much higher than you anticipated. By putting a maximum acceptable interest rate in the offer, you are protecting yourself from such an occurrence.
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