Step 3: The Financing
To make your financing process as painless and easy as possible, ask your agent to introduce you to a preferred financing consultant. This professional will work with your agent and you to ensure the financial aspects of your home purchase is stress free.
What exactly will this consultant do for you?
Step 4: The Right Home
So now that you've met with your trusted advisors, its time to begin your search. But where do you start and how do you even begin? There's a lot of homes out there on the market, and diving in without a knowledgable guide can become overwhelming and confusing. Your McKillop Team agent will help you find homes that fit within your criteria. The right home will meet all of your important needs, and as many of your wants as possible.
Some questions you might ask yourself include:
You'll learn lots as you look for homes, and you will find that your priorities may adjust along the way.
Step 5: The Offer
Now that you've found a home you absolutely love, the next step is deciding on an appropriate price. It's always important to remember that this is an investment. Your agent will give you key information on other properties in the neighbourhood to help you make an informed decision. You can never ask too many questions and your agent will explain and guide you through the entire offer process.
Some things to consider when deciding on the best price point are:
Step 6: The Scrutiny
Your agent will provide you with a list of possible improvements, changes, and challenges within your home. That way you'll know what you are getting into before you complete the purchase.
Knowing what work has been done and not done to your home is important information to have in the buying process. While updates in and around the home can increase the value, damages can take money directly out of your pocket. The main concern is any possibility of structural damage, which can come from a number of factors such as water, shifting ground, or poor construction.
Quite often a problem appears to be big, but can be fixed with very little effort and not a huge budget.
Step 7: The Close
Once you've figured out a price point you're comfortable with, you're pretty much in the "home" stretch! But, in order to ensure that you don't put the property purchase at risk, you have a couple responsibilities that you'll need to keep in mind:
Step 8: The Protection
Congratulations, and welcome home! Your home-buying process is complete, which means it's time for the maintenance plan! It's now up to you, and in your best financial interest, to protect your investment for years to come. Performing routine maintenance on your home's mechanical systems is always more affordable than having to fix big problems later. Be sure to watch for signs of leaks, damage and wear. Remember, just because the sale is complete, your relationship with your McKillop Team agent doesn't need to end! After you buy, your agent can still help you - providing information on the real estate market, finding contractors and repair services, and even tracking your home's current value.
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