Buying a home in Toronto is an exciting and complex adventure.
It can also be a very time-consuming and costly one if you or your agent is not familiar with all aspects of the process, and missing important information and resources. Our diverse landscape and dramatic varying styles of homes makes it important to have a complete understanding of the Toronto real estate market.
Over 90% of our business is from referral. From people who have experienced first hand, the benefits of working with seasoned professionals. One of our specialties is representing the best interests of Toronto real estate buyers throughout the home buying process. Our comprehensive, high-quality services can save you time and money, as well as make the experience more enjoyable and less stressful.
If you're like most people, buying a home is the biggest investment you will ever make. So whether you're buying a starter home, your dream home or an investment propert, take advantage of our experience as local marketing experts for Toronto real estate to make the most informed decisions you can, every step of the way.
Let's begin with an overview of the buying process:
Step 1: Initial ConsultationDuring our initial consultation, I'll gain a sense of your values, interests and priorities. It's of utmost importance that I understand exactly what your needs are so I can help you accomplish your goals. Together, we'll identify the features you are looking for in a home, and we'll work to narrow down the neighborhoods that best suit your lifestyle. I will also discuss the steps in the homebuying process and give you an update on the current real estate market.
Step 2: Obtaining FinancingIt's important to understand your financing options. Working with an experienced mortgage consultant, we will be able to determine the amount of financing you can obtain. There are various loan options, and we can discuss which option works best for your situation:
Fixed Rate Mortgage
Adjustable Rate Mortgage
Government-assisted financing (CMHC)
Seller-assisted financing
Financing will carry through the rest of the steps, culminating with the completion of escrow.
Step 3: Finding the Right HomeAs we begin to search for your dream home, we'll take into consideration your time frame and select homes that meet your needs, including your financial parameters. You can use my site to search all listings for Toronto & Ontario at your leisure. For even more powerful searching capabilities, I will set up a customized search for more property details, sold data, and automatic email alerts. Meanwhile, we'll begin visiting homes and critiquing them according to your objectives.
Step 4: Preparing an OfferOnce we find the right home and you've made your decision, we'll make an offer. As we prepare the offer, we will take into consideration your financial situation and determine an offer price. I will then submit your offer to the seller's agent.
Step 5: Reaching an Agreement with the SellerOnce we reach an agreement with the seller, you and I will work together to ensure that all the terms of the agreement are met.
Step 6: Protecting Your InterestsTo ensure a trouble-free home purchase, I will obtain a written property disclosure statement from the seller. I'll also recommend that you obtain a professional inspection of the home. You and I will determine if a home warranty that covers major home operating systems and appliances is necessary. A preliminary title report will be ordered as well. Then you and I will do one final walk-through before closing.
Step 7: Completing the Escrow ProcessThe escrow process can be a complicated one, so I'll explain all the steps to you and answer any questions you might have. I'll work with the seller's broker to make sure they fulfill their responsibilities under the purchase agreement. I'll also help escrow move forward by staying in touch with the escrow officer, title officer, lender and others. All the while, I'll communicate with you on a regular basis so there are no surprises.
It may seem a little intimidating, but don't worry; you'll be in good hands. I will help you every step of the way. So let's get started!
