Choosing to buy a home is one of the biggest decisions you’ll make in your life. It’s a process that requires a lot of planning, and knowledge. The Elite Advantage is the partnership that will advise and support you through the entire process.
Get Your Finances In Order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. Second, you’ll need to meet with a lender to determine what you can afford. Buyers often consult mortgage brokers and/or financial institutions. Either lender should be able to recommend what’s best for you.
Visualize Your Dream Home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle and your needs. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs versus wants list.
Meet With a Real Estate Professional
It’s important to partner with a Real Estate professional that you feel completely comfortable with. A REALTOR® can help you find the home, that meets both your needs and your budget. They will set you up with viewing appointments and also help bring clarity to the complicated process of buying a home. You’ll want to go with Denise and the Elite Advantage, to take care of the process from beginning to end, ensuring that your best interests are represented.
The Search
Using the property search on this site and consulting with your Real Estate professional, you will be able to find homes in your desired area. We’ll update you frequently regarding new listings and schedule you appointments with sellers.
Closing
Once you find your new home, we help you place an offer to the sellers of that property. Once we’ve successfully negotiated your offer, there may be conditions, like a home inspection, that need to be met. We will be with you every step of the way. When all parties are in agreement, it’s time to finalize financing, which is done through your lender, and then you’re ready to sign off on ownership. This typically takes place in a lawyer’s office.
At this point, congratulations are in order! Becoming a new homeowner is one of the most liberating things you’ll ever experience. There are many benefits to homeownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on.