This blog is intended for those people who either have never bought a home; or bought one so long ago dinosaurs roamed the earth. In step by step instructions here is my advice:
1. First and foremost find a full time Realtor you trust that comes highly recommended. Use someone who will be honest and look after your best interests and be professional about guiding you to the right home and steering you away from homes that might break your heart or bankroll.
2. Seek your Realtor's advice on a lender to meet with and find out how much money you can ACTUALLY spend on a home. (A good Realtor will encourage you not to become house poor, i.e. you may not want to borrow as much as the lender will give you!)
3. Speak with your Realtor about your "must haves" and "would likes" in your new home. A discerning Realtor will want to know what is important to you as far as lifestyle and family stages too.
4. Tour homes with your Realtor (your Realtor can show you any one's listings, even private listings; it is likely they will negotiate their commission with any discount or private sales). For touring, let your Realtor set the pace -- they've gone through a lot of work to set up your showings and sellers are expecting you within a certain time frame. Courtesy dictates that if you've made an appointment you keep it! If you roll up to a listing and know you hate the neighbourhood or home, you can still take 5 minutes for a quick tour. If nothing else it gives you a good frame of reference for pricing.
5. Once you've found the home you want, let your Realtor guide you through the best strategy for making an offer. There are many variables in a good starting price and your Realtor has likely sold more homes in the last 6 months than most people do in their lifetimes.
6. Don't get bogged down in endless questions and "what ifs" until you have an accepted offer -- your Realtor will make sure you have enough time for due diligence and will help you to set up an inspection, check title and property disclosures and all other aspects of due care.
7. Once satisfied with the home, remove your subjects and your Realtor can help you find a good Notary or lawyer to do the transfer work to change home title into your name.
8. Your Realtor can help with suggestions for moving companies (of course if you have friends with trucks and promise not to have a hideaway bed in a couch or a piano they might help you!).
9. Enjoy your new home! Know that a great Realtor is always still available to help with follow up questions or concerns.
10. A great Realtor is there to help you step by step and keep you safe as you go.
1. First and foremost find a full time Realtor you trust that comes highly recommended. Use someone who will be honest and look after your best interests and be professional about guiding you to the right home and steering you away from homes that might break your heart or bankroll.
2. Seek your Realtor's advice on a lender to meet with and find out how much money you can ACTUALLY spend on a home. (A good Realtor will encourage you not to become house poor, i.e. you may not want to borrow as much as the lender will give you!)
3. Speak with your Realtor about your "must haves" and "would likes" in your new home. A discerning Realtor will want to know what is important to you as far as lifestyle and family stages too.
4. Tour homes with your Realtor (your Realtor can show you any one's listings, even private listings; it is likely they will negotiate their commission with any discount or private sales). For touring, let your Realtor set the pace -- they've gone through a lot of work to set up your showings and sellers are expecting you within a certain time frame. Courtesy dictates that if you've made an appointment you keep it! If you roll up to a listing and know you hate the neighbourhood or home, you can still take 5 minutes for a quick tour. If nothing else it gives you a good frame of reference for pricing.
5. Once you've found the home you want, let your Realtor guide you through the best strategy for making an offer. There are many variables in a good starting price and your Realtor has likely sold more homes in the last 6 months than most people do in their lifetimes.
6. Don't get bogged down in endless questions and "what ifs" until you have an accepted offer -- your Realtor will make sure you have enough time for due diligence and will help you to set up an inspection, check title and property disclosures and all other aspects of due care.
7. Once satisfied with the home, remove your subjects and your Realtor can help you find a good Notary or lawyer to do the transfer work to change home title into your name.
8. Your Realtor can help with suggestions for moving companies (of course if you have friends with trucks and promise not to have a hideaway bed in a couch or a piano they might help you!).
9. Enjoy your new home! Know that a great Realtor is always still available to help with follow up questions or concerns.
10. A great Realtor is there to help you step by step and keep you safe as you go.
3 comments:
Love it! All is oh so true.
Love it! All is oh so true.
I agree with you! These can help me while looking for reliable moving company in toronto.
Post a Comment