Jamie Sarner's Guide To Buying A Home In Toronto

-

When buying a home in Toronto it is important to prepare yourself for the process by taking it one step at a time. Jamie Sarner's "Guide to Buying a Home in Toronto" will surely benefit anyone looking to a buy a home by taking you through 20 steps which play an important role in a smooth sailing home purchase.

  1. Planning Your Move: Finance
    It is important to make sure you are financially ready to buy a home. Research the basics for good mortgage rates and the costs associated with owning a home.
  2. Planning Your Move: Emotions
    Is now the right time to make a major lifestyle change?  How do others prepare for the big change in their life?  How much of an emotional investment will your move require?
  3. Planning Your Move: Physical House Change
    When you are choosing your new home, you will have to zoom in on the specifics:  where you want to live, and what is important to you when it comes to your new home.
  4. Market Research: House or Condo?
    How to understand the pros and cons of purchasing a house versus a condo?  What does each have to offer?  Learn about the differences in ownership and other considerations.
  5. Market Research: Your Options
    Get a feel for the opportunities in Toronto real estate market.  What are the specifics of houses, condos, and other properties in Toronto?
  6. Market Research: Setting Boundaries
    What you can compromise on, and what you simply can’t – how do you decide what you want from your new home?  Where do you stop?  Learn how to make sure that you indeed get all you need in your new home, but that you avoid wasting money and time on things that you don’t.
  7. Meeting Your Realtor®: What to Ask
    Need help choosing your Realtor in Toronto?  Find out which you should ask your prospective real estate agent and what is important for you to know about him or her.
  8. Develop a Game Plan: Home-Buying Strategy
    Selecting and buying a home is an exciting task, but with insufficient planning or strategy, it may easily overwhelm you?  Develop a solid strategy and zoom in onto your dream home easily with Jamie.
  9. Rights & Responsibilities: Your Agent and You
    How to deal with your Realtor?  Learn about disclosure requirements, the fiduciary relationship, and when and why agents must act in their clients’ best interests.
  10. Looking at Homes: Your Daily Listings
    Picking your favourite locality in Toronto?  Learn about real estate districts and understand district codes.  Don’t forget to bring a map of Toronto with you.
  11. Looking at Homes: Open Houses & Showings
    What do you have to keep in mind when you attend an open house or a showing?  How to effectively take notes and where to look for specialties?  What to focus on and how to judge what you see?
  12. Looking at Homes: A Closer Look
    Do you have a top-ten or top-five list of houses you like?  How do you compare and pick the right one from among them?  Go back and re-examine them in turn with Jamie.
  13. Bidding on Homes: How to Make an Offer
    What is a home purchase offer and how does one look like?  Learn about the intricacies of offer placement, negotiation of price and other terms, and more.
  14. Bidding on Homes: Firm or Conditional Offers?
    What is the difference between a firm and a conditional offer?  When is it smart to extend one or the other?  Learn how to assess the situation and extend a reasonable offer that is in your favour.
  15. Bidding on Homes: The Acceptance Process
    Have you received a counter-offer from your seller?  Learn how to recognize whether it is fair and craft a knowledgeable response.
  16. Re-evaluating Your Needs and Staying Motivated
    Learn how to cope with initial failures to find or purchase a house or a condo. Motivation and positive thinking is key.
  17. Closing: Dealing with the Deal
    Learn how to cope with the technicalities of a home purchase agreement, be ready for the legal actions you need to take, and find out where you can find professional help at every stage of closing.
  18. Closing: Task Checklist
    Learn how to prepare for the closing day.  Which documents will be required from you?  What questions will be asked and what should you be ready to answer, demonstrate, or pay?  Be ready and speed up the process.
  19. Moving: Preparation
    If everything is settled with your purchase and the contract, you should start planning for a move.  Learn how to prepare for the moving day: check out Jamie’s tips on how to make good arrangements with everybody involved in the process, and see how best to organize the haul.
  20. Moving: Day 'M'
    Learn what is expected of you on the actual moving day and also about the procedures waiting for you after you arrive to your new Toronto home.  Bon voyage!

    CLICK HERE FOR ORIGINAL ARTICLE CONTENT

Comments

Post a Comment

ad 2

Popular posts from this blog

The Toronto Condo Market is only getting Stronger!

-
Image
This year is dubbed "the year of the condo" by real estate agents across Canada, because of the strong performance in the country's major housing markets. The condo phenomenon is something that is happening all over North America. The performance of the GTA's top-tier condominium market eclipsed that of other major Canadian markets in both sales volume and percentage gains in 2017. Sales of $1-million-plus condominiums were up 59 per cent year-over-year within the region, with luxury sales over $4 million up 91 per cent over the previous year. In the City of Toronto, condo sales volumes in the $4 million-plus range rose 82 per cent and those in the $1-million-plus category were up 35 per cent year over year. Certainly in Toronto, Vancouver and Montreal, condos are becoming a choice in terms of where people want to live. If you’re a professional and want to live close to where you work, living in the downtown region has become a lifestyle choice now ...
Read more

The New Square One

-
Image
If you've lived in Mississauga your entire life then you have certainly seen some major changes. Get ready for some more as Square one goes under more developments in time for 2015. The southwest expansion will see the addition of many stores with a Holt Renfrew department store opening its doors in 2016. Holt Renfrew along with many others will help serve the needs of an ever growing Mississauga population, particularly in the downtown core. The rise of condo's in the center of Mississauga, coupled with the new Sheridan college campus which sees an influx of students, will see down-town Mississauga as the place to be. The square one addition has recently completed construction of their food court, and with major cinemas, Go Transit hubs, and Playdium Mississauga makes it just another enticing addition for shopaholics. For more info on the construction and some great pictures check out the link below. Square One Southwest Expansion Underway
Read more

5 things to think about when buying your first place

-
Image
1.       The growth possibilities ·         Buy a place that meets your needs. ·         Think long term because having a 5 year plan might not work out. Remember changes  happen! 2.       What’s under the hood ·          All the basic features should be in good condition. ·          Inspect the property. 3.       Know that no home will be perfect ·         The first home you buy may not be the perfect one but make it the right one. ·         Make a list of “must haves,” along with “nice to haves” and “not necessary  to haves.” 4.       Consider ALL the costs of ownership ·          Look for ...
Read more