The Buying Process
The Buying Process
Here is just a quick idea of what the purchasing process is. I don’t want to overwhelm you, and want you to know that we are here every step of the way. We listen to understand your needs and wants, and we work hard to make your dream a reality.
Starting Your Search
There are many sites out there, and ways to look for properties. It can be a frustrating process, not finding exactly what you are looking, and feel like you are spinning your online wheels. We have a step by step process guild you and only bring listings to your attention that fit your search criteria. We don’t only use the MLS® system to find your home, we go beyond that, as there are other resources too.
We View Homes together
We look at homes with you, we want to get a the best sense on what you are looking for, and how you feel in each home, we talk about what’s important to you; if it’s the kitchen, or having an area for the kids to play in, and so much more. We want to know you better!
Making an Offer to Purchase
When you find the right home, we will do a Comparative Market Analysis, and we will need to write an offer on the home. We walk you through all the complicated documents so you are comfortable and well aware of what you are signing. We put the proper clauses and subjects to make sure you are protected! Some of the items we will be discussing here are, the price, the completion and possession dates, the deposit, clauses, subjects, what happy if offer expires to say the least.
What Happens After You Make an Offer to Purchase?
This is where our expertise really shine, being a Certified Negotiating Expert, we negotiate the absolutely best price, and terms for you. We communicate with you at all times, and keep you in the loop on how things are going.
Getting a Mortgage
Assuming you have already been preapproved by a mortgage broker or financial institution. Once the Offer to Purchase has been accepted, we send it to the lender. Any final documentation that the lender requires will be presented at this time. Your lender may ask you to get a property appraisal, a land survey, or both. You may also be asked to get title insurance. Your lender will tell you about the various types of mortgages, terms, interest rates, amortization periods and, payment schedules available.
I am sure you will have lots of questions about mortgages, ie; what is a conventional and High-ratio mortgage, what are the mortgage terms, interest rates, fixed, variable rates, and more.
We have mortgage brokers on our team that will be able to answer all these questions, and any other concerns you may have.
This is the day you will meet with a Lawyer or Notary to do the paper work, pay the remainder of the down payment (minus the deposit), the closing costs and title gets transferred over to you. (you may also need an insurance binder before meeting with the Lawyer or Notary)
My favorite part, we will meet and you get your keys to your New Home!
Call Diana Klejne & Associates today 604.789.8202 for your FREE No Obligation Consultation