Buying a home can be exciting and intimidating.
It is essential that you are supported by a trusted person who will accompany you throughout the purchase process. The advice from our experts will help you find the property of your dreams in a neighbourhood that suits your tastes and at the best price.
The 8 steps of the purchase process:
1. Purchase : an important decision and a budget to set
In order to buy a home, it is important to be well prepared. Make a list of things that are essentiel to you. In addition, supply and demand vary by neighbourhood and region. So, knowing the market can help you get more for your money. Your Royal LePage Tendance real estate broker can help you with that.
2. Choosing a real estate broker
Buying a property is an intimate and emotional process. The relationship with your real estate broker must therefore be based on expertise, but also on trust and mutual respect. After all, he will be your eyes, ears and voice throughout the process. Your broker has a fiduciary duty to act in your best interest and in a transparent and accountable manner.
3. Set a realistic price and understand the financing
Like many things in life, planning is the key to success. Before you start shopping, you should first determine the price range that best suits your financial reality.
4. Search for the house of your dreams
Once you have determined the price target and/or maximum price you are willing to pay for your property, you are ready to begin your research. With this price range in mind, look at the buying options in your market to see what you can afford to buy.
5. Make an offer on a property
You fall in love with a property at first sight. However, it is important not to get carried away with your emotions when making an offer. Remember that real estate is an investment. Fortunately, your real estate broker is there to discuss all the details with you.
6. Steps to take before buying a home
You now, need to call some professionals who will take you across the finish line and check if the investment you are about to make is solid. Here are some key people to talk to : the inspector, the notary.
7. The closing of the sale
The closing day is the day you officially become the owner of your new home. This is undoubtedly a very exciting time. However, there are still a few details to be worked out before you receive the keys to your home.
8. Tips for moving
The long-awaited day has finally arrived. The excitement will be there, as will the back pain! Planning your move properly will make it easier for you.
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