First Time Buyer Information


Imagine your own home

House        Buying your first home, or any home is one of life's most emotional     and greatest experiences but could be one of the most stressful as well. The bottom line is... working with professionals makes the purchase easier.  From getting the financing in order to finding the home that will work best for you, your Mortgage Broker, Realtor and Lawyer/Notary are working for you.

The following is a point form example of what you will need to do and what will happen during the process of buying your own home.   Click on any of the following links to learn more information about that subject and  At anytime during the process you can ask me to help you understand further what is required of you:

1. See a mortgage broker and get a pre-approval

        -Make sure your credit rating is correct and in good standing

        -Find out what you can afford  with your current income

        -Discuss your down payment and closing cost options 

2. Find and work with a Realtor to find the home best suited for your needs

        -Write an offer to purchase

         -Include any conditions (subject to finance, building inspection etc...) you feel are required 

3. Send accepted offer to the mortgage broker to start working on finance.

4. Choose a Lawyer or Notary to complete the property convayence for you.

5. Remove conditions to offer as they are completed and acceptable..

6. Be prepared for moving costs (hydro/ cable hook ups etc...)

7. Sign all documents for land transfer and mortgage at Lawyer/Notary.

8. Moving Day!


Click on the links below to learn about:

Comparing the cost of renting and owning...

Getting or being a a co-signer

 

Mortgage Questions? Please ask....

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