The Process
01
Initial Consultation
We’ll chat over coffee and determine the type of home that suits your lifestyle. Together, we’ll set timelines, expectations and put a plan in place
02
Pre-approval
Meet with a mortgage broker, know your budget and get a rate hold
03
Property Search & Schedule Showings
You’ll receive new listings based on your housing criteria via email. I’ll schedule a private viewing at your convenience
04
The Offer Process
Before we place an offer, I’ll help you understand the market sales & transaction process, and contract provisions.
Offer includes:
- Offer Price
- Deposit ( holds the property until completion and forms part of the purchase price. Usually 5% of the offer price in the form of a bank draft or wire transfer, due upon subject removal)
- Terms & Conditions
- Possession date
Seller can accept, counter or reject offer.
05
Terms & Conditions
Usual subjects include:
- Financing
- Home inspection
- Reviewing Strata Documents (condos)
Other terms may include:
- Taking over the tenant
- Identifying chattles & fixtures that will be included in the purchase
Once an offer is accepted, you have 7-10 days to remove subjects. Contract is only binding if subjects are removed & deposit is paid
06
Completion & Possession Day
- Meet with mortgage broker
- Obtain home insurance
- Meet lawyer/notary for title transfer
Possession – Receive the keys to your new home