Our Buying Process

1. DETERMINE WHAT YOU WANT.

Creating a list of requirements for the house you want to buy is the first step in the buying process, these include location (neighbourhood), type of home (townhome, single detached, condo...), age of the house (older/newer), number of bedrooms, bathrooms, parking, and anything else you might want, such as condo amenities like a pool or a fenced-in yard, etc. To learn how much houses that meet your criteria are presently selling for.

2. PLOT OUT A BUDGET.

Setting a budget makes sense as the next step. Before moving on with your search, schedule a meeting with a lender, such as your bank or a mortgage broker, to obtain pre-approval. Choose an amount that you are comfortable with after receiving pre-approval for a particular amount. Sometimes you may need to shift neighbourhoods since you had higher expectations than you could actually afford, or it can be the other way around and you can now buy a single detached home in Orleans rather than a townhouse! Speak with us for assistance with your search once you have been pre-approved and are comfortable with a specific amount (not necessarily your maximum pre-approval budget).  We will be able to guide you more realistically and assist you in finding what you're looking for after this has been established.

3. LET’S TALK.

This step must be completed before we visit any homes. We wish to confirm our ability to collaborate. We hope to be able to assist you in identifying realistic objectives for your house purchase. We'll work with you to identify your needs and a price range. desirable qualities and update you on market dynamics. Market conditions will undoubtedly affect how quickly you can act to buy a house. In order to secure a house in a seller's market, buyers will need to move far more swiftly than they would under normal market conditions. Additionally, in this kind of market environment, it's normal for desirable homes to receive many offers, so buyers will undoubtedly need the assistance of an experienced Realtor to be able to buy the home.  We will also go over all the paperwork required to submit an offer on a house. After speaking with you via email, phone, text, or any other app, we can begin sending you available listings and setting up appointments.

4. LETS VISIT SOME PROPERTIES!

We can now begin looking at some of the properties you are interested in. We will set up appointments and organise your visits to any properties offered, including private sales, properties listed by other agencies and brokers, and properties up for sale by owners. We'll set up the showing for you if you provide us with an address and/or phone number. If you'd like, we'll accompany you to Open Houses so we can provide you with unbiased information. We will point out details that you might not see during the visits and address any queries you may have.

5. MAKING AN OFFER.

Congratulations on finding a house you're interested in buying! It's time to present a proposal. We will now go over each paperwork that needs to be completed, reviewed, and signed with you. We will address any queries or worries you may have. With any offer, the following are some important factors to take into account:

• The purchase price you intend to make (based on market conditions, we'll assist you decide the optimal price for the house and your existing circumstances).
• Upon acceptance of an offer, a deposit of at least 1% of the purchase price is usually required.
• Which possessions are included? appliances are an example of items that come with a purchase.
• Irrevocable period, usually 24 hours or less, during which the Seller must decide whether to accept, reject, or counter your offer before it loses its legal force.
• Terms, typical terms that are advised with any offers include financing and a house inspection, the status of a certificate review (for condos), and a conditional period of 5 to 10 business days.
• Hot water tanks are a typical example of a rental item that is included with the purchase in Orleans.
• The Title Search time. This is the window of time that your attorney has to find out if the property is subject to any statutory liens or orders that might have an impact on it and to make sure it complies with any applicable laws or by-laws.

Once the paperwork has been completed, reviewed, and signed, we will submit your offer and get in touch with the seller or listing agent to make sure they have received it and to follow up with our offer. If there are any updates during the negotiations, we'll let you know.

6. OFFER ACCEPTANCE TO CLOSING

Congratulations your offer is accepted!  Time to comply with our demands. This is what we do after your offer is accepted and we have the conditions. To obtain your lender to authorise the mortgage on the purchase, for example, if we have included both a finance and house inspection condition, we will need to call your lender and submit them the necessary papers. A few days before advance, we will also arrange for a home inspection. We like to wait until you have received approval from your lender before beginning a home inspection since we do not want you to spend any money on one if approval is not obtained.

The contract becomes official once the requirements are satisfied. You must immediately begin preparing for your relocation. To assist you with this procedure, we will give you a moving checklist. Additionally, we can assist you with any needs you may have, such as moving or cleaning services, thanks to our connections with numerous partners. When you first begin to relocate, it could feel overwhelming, but we will make every effort to make things go as smoothly as we can. Now that you're prepared, move into your new house!

INSIGHTFUL TIPS:

Be adaptable and flexible. You will eventually have to compromise on some of your demands or goals; it might be as simple as changing a paint shade that you don't like. Don't worry about such trivial matters. We'll ensure that you understand the wider picture!

- Extra expenses. You might not be aware of it, but purchasing a property comes with a lot of extra expenses. We can give you a list of price ranges and some of these expenses. Try to set aside $5,000 for these expenses. Do not give up. You might pass on a house that you genuinely want and believed would be "perfect" for you. There will be another one that is similar and possibly even better, so don't worry.

- Never give up. You might pass on a house that you genuinely want and believed would be "perfect" for you. Be patient; another one identical to this one will eventually come along.

- Do not be shy! Ask us questions! You can ask us any questions you want; we are here to assist you. We enjoy responding to them!