Decide what, when and where you would like to buy. Please call me or email me to set up a meeting to discuss your list of wishes, your needs and what market is offering you in line with your requirements. We will also talk about the process of buying and associated costs.
Plan your finances. Though we will definitely talk about your affordability level at our first meeting (see above), at this stage you will need to consult a mortgage specialist to get pre-approved and obtain a clear understanding of your financial situation in respect to purchasing real estate.
Viewing homes. It is important that we do it together. It will help me to understand better what you are looking for to make the process of home searching more efficient.
We found the right home. On your behalf I am writing a contract of purchase and sale, which at this stage is called an offer. I will help you to analyze the market to establish the reasonable price to pay for the property and will recommend terms in the contract that protect your interests.
On your behalf, I will negotiate with the Seller to get the best possible deal for you. The offer can be accepted by the Seller, can be turned down, or, what happens most often, the Seller crosses over positions in the contract that he is not happy with and puts down ones that he believes are fair. Now it is our turn to either accept, decline or give a counter-offer to the Seller. When we come to the agreement, the moment is called Accepted Offer. The offer is still conditional (for example upon inspection, financial arrangements, etc)
Now it is time to remove subjects of the offer.Though your signature is on the contract, your final decision whether to proceed with the purchase will depend on the results of the work we are going to do together to make sure you are happy with the purchase. The most common conditions are: obtaining satisfactory financing, technical inspection of the property, checking title, reading strata documents, if you are buying a condo or a townhouse etc. Only if you are happy with the results, you will proceed with the purchase. If you are not happy on reasonable grounds, you do not have to buy or, alternatively, we can come back to the Seller to renegotiate the contract.
Subjects are removed and, usually, at this point of time you need to give a deposit, which is a collateral for your purchase that will take place later in time.
Completion. You officially become an owner and move to your new home.
Let's meet and talk about the process of buying real estate and more. Please call me on my cell phone (604)807-6039 or fill out the form below and I will get in touch with you at my first opportunity.
Tatiana , Your real estate agent