Buying

Buying a home is one of the biggest decisions people face during their lives. When you are ready to purchase, the best decision you can make is to choose a knowledgeable agent to help you find the home of your dreams.

Once you have made the decision to purchase a home, there are some important things that you need to consider:

• What you can afford – Purchasing a home involves both one-time costs (including your down payment) and monthly expenses (including mortgage payments, legal fees, taxes and insurance).
• The market conditions – The real estate market is always changing and understanding the market will help you understand your position as a buyer.

The Buying Process

Here is a brief summary of the buying process:

1.  The Selection Process
   The first step is to decide what kind of property you would like to purchase and to narrow down the list of properties to those that suite your needs.
2. Viewing Properties
   Once you and your realtor have narrowed down your search, you will head out on “tour” to view the properties. After which, you may want to write an offer on your dream property or you may wish to return to the drawing board.
3. Making an Offer
   Once you have made the decision to buy, your agent will help you write up an offer to purchase. Once all parties have signed, this will become a written, enforceable contract.
4. Negotiation
   This is where your realtor will assist you in getting the best possible price for your property.
5. Accepted Offer
   Once your offer to purchase has been accepted and both you and the “seller” have agreed to a price, your agent will assist you in everything from home inspections to ensuring that you are comfortable with the financing.
6. Firm Deal and Completion
   Once all subject conditions have been removed and the purchase transaction has been completed, the property is officially yours.
7. Possession
   This is the day you will receive the keys to your new home.