STARTING THE PROCESS

The excitement of finding a new home can cause us to forget about the key financial aspects of the purchase. Here are some of the key steps that need to be taken prior to and after an offer is made.

Request our FREE buyer’s guide to help you navigate the entire process. 

GET PRE - APPROVED

The majority of buyers require a mortgage to purchase a home. When you’re looking to buy, this should be your first step in the process. It will set the parameters for your search.

THE PAPER WORK

Prior to submitting an offer, we will work together with experts, whether it be a lawyer or an accountant, to make sure you understand the implications of submitting an offer and that you are clear on all aspects of the offer.

SEARCH FOR HOME

Once you sign up as a client with us. Our team will set you up in the system to receive daily reports of properties within your criteria on a daily basis.

CLOSING COSTS

At the time of closing there are a number of upfront costs you’ll need to cover including Land Transfer Taxes (Provincial and Municipal), legal fees, title insurance, disbursements, moving costs and adjustments. Ensure you have funds set aside to cover these expenses.

DEPOSITS & DOWN PAYMENTS COSTS

Real estate moves at a rapid pace, so being prepared to make an offer quickly is important. With your offer, you’ll be required to submit a deposit (typically 5% of the offering price).

Your down payment is determined at the time of the mortgage application / approval process. It is usually around 3.5% of the sale price but can vary depending on the terms.

READY TO TALK REAL ESTATE?

Antoinette Wayne will help you to achieve your real estate goals by providing quality service in buying and selling properties.

Professionalism, honesty and truhtfulness are the basis of him business.