Buying Real Estate In Temiskaming
We are in record breaking times with mortgage interest rates. Now is a great time to buy!
For more detailed tips, guidance and support in your next Real Estate transaction please
contact us.
- Determine your general needs
- Costs to consider
- Get Pre-Approved
- Determine your specific needs
- Choose an Agent and start looking!
- The Offer and Negotiation
- Closing
- Moving
Determine your general needs
Consider the following:
Location, Timing, Style of home, What can you afford (mortgage broker or on-line tools will help you), Lifestyle, Costs
Costs to consider
Typical One-time Expenses:
Mortgage application and appraisal fee, Property inspection (optional, Legal fees, Legal disbursements, Land transfer tax, Mortgage interest adjustment, Home and property insurance, Moving expenses, Deposit with offer to purchase
Typical Monthly Expenses:
Mortgage payments, Maintenance, Property and content insurance, Property taxes, Utilities
Get Approved
Why this is a benefit:
Sellers more receptive to offers, Rate guarantee while you look for a house, Confidence knowing what you can spend on buying a house
Determine your specific needs
Make 2 list:
Necessities and wishes
Choose an Agent and start looking!
Research agents to find the best one to suit your needs... we are here to provide the best possible service!
The Offer and Negotiation
Two types:
Conditional or firm
Three types:
Accept, Reject or Counter
Closing
Ensure you do the following before you close:
All conditions have been waived, Meet with your lawyer, Finalize mortgage, Set up utilities, Finalize insurance, Do a final walk through of your new home
Moving
For a detailed checklist contact us!
Use the Mortgage Calculator to estimate the maximum mortgage you can afford.
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