HOW TO BUY YOUR FIRST HOME – GUIDE
This simple roadmap explains the step-by-step process to buying your first home.
GET A MORTGAGE PRE-APPROVAL
What can you afford? Getting a pre-approval saves everyone time and makes the buying process go smoothly. Contact us for a mortgage broker referral.
HIRE A REAL ESTATE AGENT
The seller pays the commission, so you don’t pay out of pocket. Looking is free. Advice is free. Get a better deal with the help of an agent.
PROPERTY SEARCH
What you want to buy and where? Agents have access to the system that feeds MLS (Realtor Websites). We can help you find properties both on the market and off the market.
PRIVATE ACCESS FOR SHOWINGS
Always view the home before making an offer. We provide private access as your agent and can recognize red flags to help guide you to the right property.
Write the offer
We help you write an offer to purchase the property. We provide expertise and negotiation strategies to secure the best price and terms. We are here to save you money.
Submit the deposit
Awesome! Your offer was accepted by the seller. A refundable deposit is required, usually within 2-3 business days of the offer acceptance.
Due diligence (conditions)
Most offers have buyer’s conditions such as financing and home inspection. If any of your conditions are NOT met, your deposit is 100% refundable.
All conditions met
Nice. Your mortgage broker gave you the green light to proceed with the purchase. The home inspection turned out alright. All conditions are waived – we finalize the sale. Congratulations. Now the hardest part is waiting for possession day.
READY TO BUY YOUR FIRST HOME?
Let’s get started.
Dustin Robak – REALTOR ®
Strathmore Realty | Real Estate Professionals
403-404-1014
dustin@strathmorerealty.ca