What a Great Time to Buy Toronto Real Estate!
Whether you’re a first time buyer or an experienced home owner, my role is to help facilitate the goal of you finding the home of your dreams. Together, we will go through the 4 steps of buying a home, ensuring that every step of the way you are kept up to date with the latest real estate market information so you can make an informed decision regarding your purchase.
4 Steps to Buy a Home:
Determining your price range
Determining your wants and needs
You found it! Let’s put in an offer!
You Got It! Now What?
Are you Buying or Selling first?
Do you already have a home and you’re not sure whether to buy or sell first? The following guide might help you decide:
You know where you are going to move to
The stress of potentially having to close on the one you’ve bought without have the one you own sold first.
You may be more likely to sell for less than you should because of the stress of having to have the money to close on the one you’ve bought (seller’s are known to take 10’s of thousands of dollars less when they know they have to sell… you’re in a weaker position).
You may have to spend money to bridge finance (bridging can only be done if your property is sold and all conditions have been waived).
You know how much money you have to spend on a new home.
You don’t have to sell unless you get a price that is agreeable to you.
You can have a long closing so that you have to buy on the other end (90–120 days closings aren’t unusual and they say if you can’t find a home in 3 months then you may have unreasonable expectations of the market)
You don’t have to stress about money.
Finding a home in time to make sure your closing dates line up.
You may have to rent a condo/house for a short time.