Buying your home is easy with Nichola Elise
Buying a house, especially your first home, can be stressful and exciting all at the same time. I get it. Home ownership is one of the greatest feelings you will ever have.
I personally help you navigate each step of the process, and if you get lost, don’t worry – you can ask my anything, any time.
Here is the typical process for buying a home:
In some cases, homebuyers talk to a mortgage broker initially, but if this is your first time purchasing a home, I recommend interviewing a REALTOR® you know and trust first. We can give you the information you need to get started, including a really great referral to a mortgage broker that we know and love.
Also, your first coffee with me will include a discussion of your needs, wants, and must-haves as well as a rough price point, so that you are completely prepared to speak with your mortgage broker for a pre-approval.
Before we begin the house hunt, it is essential that you visit your mortgage broker for a pre-approval. This allows you to shop confidently with a good idea of what type of home you can afford.
Choosing the wrong mortgage can cost you thousands over time. A mortgage broker gets to know your entire financial picture, so that you can make the right choice for your situation, now and for the future.
After your pre-approval, we will set you up with a search so that you will be notified when a home that meets your criteria pops up. Then, we begin the hunt!
I take care of booking the showings and coordinating schedules, and then we view as many homes as you like, and eventually, start narrowing the options. I like to get my clients to keep their top two homes in mind throughout the house hunting process.
Once we have your top two favourites in mind, I perform a Market Analysis on those homes. This takes into consideration how other very similar homes in the neighbourhood are selling and gives us a good idea of where our offer should start.
Once we have decided on our initial amount, we get together to write the offer to buy. This typically takes 1 to 2 hours, as there are about 20 pages of paperwork to fill out (don’t be afraid, I make it painless) that outline the rules and offer to purchase. Ideally, both buyers need to be there.
Tip: Both buyers need to bring their government issued ID and have a cheque handy for the deposit payment.