Choosing to buy a home is one of the biggest decisions you’ll make in your life. It is a complex process that requires a lot of planning. Enlisting the help of a trusted and knowledgeable REALTOR® is essential for an optimal home buying experience. The Roberts Realty Team has prepared a buyer’s guide to break down the process, outlining the steps to expect in the purchase of a home.
Get Your Finances In Order
The first thing you’ll need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you’re planning to buy. Second, you’ll need to meet with a mortgage broker to determine what you can afford. Shopping around for the best rate is highly recommended.
Visualize Your Dream Home
Once you’ve established a price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a “needs” vs. a “wants” list.
Meet With a Real Estate Agent
It is important to choose a REALTOR® who provides clear communication and understands your vision and goals for a new home. They will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home. The Roberts Realty Team are experienced and knowledgeable licensed realtors, who will expertly navigate you through the complex home search and purchase process. Read a few client testimonials.
The Search
Using the property search and consulting with The Roberts Realty Team, you will discover dream listings for homes in Saint John, New Brunswick, Canada and surrounding area, including Rothesay, Quispamsis, Hampton, Grand Bay-Westfield, and Sussex. The results driven, and client focused Roberts Realty Team will keep you informed of new listings that align with your dream home vision, and coordinate scheduling viewings.
Closing
Your Real Estate Agent can help you place an offer that the seller will either accept, counter, or reject. After you’ve negotiated an offer, you’ll need to conduct a home inspection and deal with any repairs (the cost of which you can also negotiate with the seller). Finalize your mortgage with a visit to your lender, and you’re ready to sign off on ownership.
At this point, congratulations are in order! Becoming a new homeowner is one of the most liberating things you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on.