With over 22 years experience in Real Estate and having lived on Waterfront Properties most of my life, you tend to learn a thing or two. Being involved with a 5,500 sqft build on the southern shores of Georgian Bay I humbled quickly dealing with all the ins and outs of waterfront issues, plus the tremendous rewards.
Buying or Selling any property requires skill and expertise, but Waterfront Properties are truly unique. Working with a Realtor experienced in this specialized environment will most certainly save you time, money and a huge amount of stress. I pride myself on being as updated as possible with not only what is currently available, but also what the various markets in Central Ontario offer in terms of value.
I personally take the time to preview listings for my Clients. I keep track of sales history and other areas of concern that impact value. This benefits my Buyers in narrowing down their search much more quickly and gives us an added negotiating edge to obtain the best results possible. The key is to stay one step ahead of the competition.
You deserve the very best of service. My knowledge, experience and a true, natural desire to do my job well is what I offer my Clients. I very much look forward to being of service to you and your family. Cheers!
Step 1: Decide to Buy
Before you even go looking for a home, you have to understand your needs. Think about the type of place you’re looking for. Are you looking for a lot of bedrooms and washrooms for your family? Do you want a pool in the backyard? Do you want to live close to a school or a mall? These are just some of the things you have to consider before start looking for a new home.
You also have to familiarize yourself with different types of ownership as well to help narrow down the perfect home. Freehold is when it’s all yours, a condo is when you take care of the inside and pay your fees to an association, and co-op is similar to a condo but you rent a unit in the building and pay maintenance and repair fees.
Once you have narrowed down some qualities, its time to go looking for a home!
Step 2: Hire an Agent
There are thousands of real estate agents out there. How do you chose one that’s right for you?
You have to pick carefully. They will be acting as your representative and you will need someone to look out for your best interests. You will need someone that you can trust and someone who understands what you want.
There are a few ways to look for your perfect Realtor, such as:
- Search the internet
- Jot down some names and numbers that you find on “For Sale” signs
- Ask friends and family for a recommendation
- Visit one of the local offices in your area
They have to be a trained professional who knows your area inside out. A great agent is someone who offers you quality services to help you accomplish your goal.
Step 3: Find your Home
There are many ways of finding that dream home! First, before you go shopping you have to make sure you are also financially ready. Make sure to have a budget when you go shopping. You can use my very handy affordability calculator by clicking here.
One thing to keep in mind is your down payments. This is a percentage of the total cost of a home that you’ll need to pay. The more money you put down, the more you’ll save on monthly payments and cost of borrowing. Another important aspect is getting pre-approved for a mortgage. When the lender approves you for a mortgage, it gives you an idea of how much you can afford to buy your new house.
Keeping these things in mind, you are free to go window shopping! You can go searching for houses according to the different neighbourhood surrounding you, check newspaper listings, websites, or even drop by any open houses that are being held in your area. Looking for houses can be really fun and exciting! You can browse listings using the smart listings search on my website, here.
Step 4: Make an Offer Now
Now that you’ve found the house that you are set on, it’s time to make an offer. Not all offers are the same and here’s where your real estate agent comes in. They will help you with specific terms and conditions that will be specified in the offer like the price you want to pay, financing conditions, or other things like inclusions and exclusions.
Not only is it about the price of the house but you have to carefully look at the other details included in this sale. Appliances, chandeliers, or even minor renovations can also be part of the deal. Shorter or longer closing dates can also be specified in the offer.
If there is something in the offer that doesn’t satisfy the seller, counter offers or negotiations can also be presented to help get a price that you think is fair.
Step 5: Close the Sale
There will be closing costs associated with the sale that need to be paid either by or on the closing date. It can include mortgage application fees, inspections, and legal fees. But once that’s taken care of, you get your new house.
Congrats, welcome to your new home! You’re all ready to move in!