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The Buying Process
This is my detailed process of purchasing real estate from
the first meeting to possession date.
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1. Initial Meet and Greet & Buyer's Seminar
At our first meeting you will have an opportunity to view and
evaluate my skills and knowledge of real estate as well
as become familiar with all the documentation involved
in the buying process. At the same time I will find out
your housing requirements and the purchase price that
you are comfortable with. During our first time together
we'll also perform a hypothetical purchase so when I find
you the right home, you'll know exactly what's going to transpire.
2. Get a Feeling For The Market & Observe Existing Property
Our next step will be to "get our feet wet". I will start a
search of all relevant properties and arrange a time to view
them. During our viewings I will obtain a feel of your
likes and dislikes and after a couple of properties, I
will have a clear concept of exactly what you are after
in a home. Doing this allows me to create a more efficient
search as well as become familar with all existing relevant
property. This will allow us to establish knowledge about market value.
3. The Right House & Writing The Offer To Purchase
Once we are sure that the home is priced properly and you're
comfortable with pursuing the property then we will write an
offer. At this time you should have good understanding of what
is going to transpire because you'll have already seen the
process in your Buyer's Seminar.
4. Accepted Offer & Satisfying Conditions
Once our offer has been accepted I will arrange our inspections,
retrieve any reports and have all documents sent to your financial
institutions. During our inspections we may find deficiencies that
we'll either have to negotiate around and proceed to the next step
or obtain our deposit and walk away from the deal. On the other
hand we may not have any issues and we'll remove all the
conditions and proceed to the next step.
5. Lawyer's Office
Once all the conditions have been removed my next step is
to have all documentation sent over to your lawyer's office.
That's where you'll bring over the remainder of your down
payment and register your mortgage and title. Upon completion
of the transaction, your funds will be sent over to the
selling party's lawyer on possession date.
6. Possession Date - The day is finally here!
On possession I will receive a call from the Selling Agent saying
"keys are releasable." At that point I will contact you
and we will arrange a time to perform our walk through,
transfer of keys and provide you with your turnover package. Enjoy!