Our Strategic Approach For Purchasing A Property
Buying a home is certainly one of the most rewarding experiences most of us will ever have in our lifetime. Although it is a positive and exciting time, there is a lot to consider and the process may seem overwhelming especially if it is your first time buying.
The first thing you need to do is hire a licensed and experienced Real Estate Agent to represent you. It is important that you choose someone that will protect and promote your interests as they would their own. The right agent will advise you properly, answer all of your questions and ultimately guide you to a home you love.
When you work with me and my team of professionals, you will have first class representation and the utmost care when viewing, negotiating and ultimately purchasing your ideal property.
1. UNDERSTANDING YOUR NEEDS
Our goal when representing a buyer is to learn your requirements and what best suits your needs in the home you are looking for. You will need to answer a variety of questions in order to properly research for a new home.
These questions include:
FINANCIAL - What is your budget? How much of a down payment do you have?
Do you need a mortgage? How much can you afford to renovate if necessary?
LOCATION - Where would you like to live? What neighbourhoods appeal to you?
Are you looking to live close to family or friends? Which neighbourhood is a good investment?
TYPE OF HOME - Do you prefer a condo, a townhouse or a detached home?
What style or layout do you prefer? (Ranch, Bungalow, 2-storey etc.)
How large a home do you need? How many bedrooms, bathrooms, kitchens etc.?
LIFESTYLE - Do you want a pool in the backyard? Is the home close to amenities such as schools, public transportation, grocery stores, malls, gyms, parks etc.?
2. VIEWING PROPERTIES
Once criteria is established, we will search for all possible properties available. We encourage our clients to also participate in their own search as well as driving through preferred neighbourhoods to get a feel for the areas you would like to live in.
Roy Meleca team of Professionals have valuable sources of information about market trends, homes in areas that appeal to you, even ones that may not have a for sale sign on their property. We also have access to regularly updated information about every home listed by agents through the Multiple Listing Service (MLS).
3. MAKING AN OFFER
When you are ready to make an offer on your preferred home, we will advise you on all the details and important conditions you need to consider. We will use our expert skills to go through all the inclusions, exclusions and terms and make sure that you are comfortable with all of them. For your protection we will recommend important conditions you should include in your offer, the most significant is a Home Inspection. When it is time to put in your offer, you can rest assured that all bases are covered and you will have a strong advocate with expert negotiating skills on your side!
4. CLOSING COSTS
It is important to be financially aware and prepared before you submit an offer. The costs to consider may vary:
- Initial Deposit For Offer (5% Of Purchase Price)
- Home Inspection Fee
- Appraisal Fee
- Land Transfer Tax
- Legal Fees
- Property Tax Adjustment
- Title Insurance
- Home Insurance
- Moving
Real Estate Websites by Web4Realty
https://web4realty.com/