Buying a house can seem like a daunting process, but it is much simplier when I am here to take care of you every step of the way.
Things to Consider
Mortgage Pre-approval
Getting a Mortgage pre-approval is something important to think about as it is beneficial to know your realistic price range.
Costs of Owning a Home
There are various costs to consider on top of just the sale price of a house, these include additional buying costs and monthly costs.
On top of the downpayment, upfront costs include:
- Taxes
- Legal Fees
- Inspection Costs
- Moving Expenses
On a Monthly basis costs may include:
- Mortgage
- Utilities
- Taxes
- Insurance
- Maintenance & Condo Fees (Condominiums)
Considerations when viewing a house
Things to keep in mind when looking at a potential home:
- Age
- Livable square footage
- Type of heating system
- Roof and Foundation
- Plumbing
- Renovation costs
Elements of an Offer
Once you have decided on a home it is time to put in an offer.
- Price
Depending on market conditions, your opinion on the value, information provided by your agent as well as negotiations, the sale price can vary greaty from the listing price
- Deposit
The deposit shows your good faith and commitment to the home. This amount will be creditied towards the purchase of the home upon closing of the sale.
- Terms
This includes the total price offereed and the financing details. You may arrange your own financing or propose to assume the seller's mortage, which may have a favourable interest rate.
- Conditions
These are additional clauses that are agreed to be part of the sale. Some examples are "subject to home inspection" and "subject to selling of your property", but they can be tailor to the specific situation.
- Inclusions and Exclusions
These may include things like appliances, window coverings, light fixtures, etc.
- Closing Date
This is the date that the title is legally obtained and transaction of funds is completed. This also commonly the possession date, the day which you would take physical possession of the property.
12 Milos Rd
Oct 15th, 2021
When we decided on selling our house, we had no doubt who should accompany us in this journey. Mimi Khuu has sold many houses in our neighborhood. She is honest, efficient, professional but also warm and very friendly. Her standards are high, and she knows what she is doing, but …
When we decided on selling our house, we had no doubt who should accompany us in this journey. Mimi Khuu has sold many houses in our neighborhood. She is honest, efficient, professional but also warm and very friendly. Her standards are high, and she knows what she is doing, but it is also important to her to make her clients feel comfortable with her suggestions. Mimi did not waste time and stood by every promise she made. Our house was sold in one week. We are happy and highly recommend her.
-Nava and Ofer, 12 Milos Rd
Real Estate Websites by Web4Realty
https://web4realty.com/