Being a First-Time Buyer Can Be Tough
We know all too well how scary it can be purchasing your first property
That's why we created the 10-Step Program to give you all of the info you need to make an informed decision to start your homeownership goals!
1.) Are You Ready to be a Home Owner?
This is a critical question that every first-time buyer should ask themselves before beginning the process as it can have a big impact on your lifestyle & finances
2.) What Does the Home Buying Process Look Like?
Now that you've decided you want to be a homeowner & purchase a property, knowing all of the steps in the buying process is crucial!
3.) How to Get a Mortgage Pre-Approval
Having a mortgage pre-approval in place before starting your property search can help you in numerous ways while saving you from potential heartbreak!
4.) Creating Your "Must-Have" Buyer Checklist
Having this list made before you head out on showings can save you a ton of time & headache by seeing properties that match what you're looking for!
5.) Picking the Right Agent For You
With over 50,000 real estate agents working in the Greater Toronto Area, it can be hard to know who you can trust to help guide you through one of the most expensive investments of your life!
6.) The Fun Part - SHOWINGS
Once you have decided on an agent you want to work with, the fun part begins when we get out on showings & discover what works best for you in the real world
7.) Making An Offer
The scariest & must crucial point of your home-buying process is without a doubt the offer presentation
Knowing what to expect can help ease some of those fears & put you in a better mindset for negotiations!
8.) Firming Up The Deal
Now that you've got an accepted offer, the first thing you have to do is provide a deposit to the listing brokerage
Any conditions that were put in the offer must be met & waived (includes Financing, Home Inspection & Condo Docs/Status Certicate Review
9.) What You Need to Know For Closing
Closing costs can be an additional expense that some homebuyers don't anticipate, potentially leaving you in a tight financial position!
Your lawyer will go over any of these costs plus pertinent information relating to the property before giving you the keys to your new home
10.) Time to Move In & Celebrate
Now that you've got the keys to your new home & have signed all the necessary paperwork, it's time to move in & celebrate!
Here are some final tips to make your move & life as a new home owner as stress-free as possible