Buyer’s Guide

Choosing to buy a home is one of the biggest decisions you’ll make in your life. It’s a complex ordeal that requires a lot of planning. Whether you are a first time home buyer that requires extra guidance, or a savy investment buyer who is keen on numbers, Wilson and Martin’s honest and personable approach will prove to serve you beyond the ordinary.

Here is a general overview of what to expect and prepare.

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. Once you have an idea of what you can afford, you will have a much easier time determining what important criterias you must have in a property and what you can overlook or eliminate.

Pick a few Neighbourhoods to Explore

Often times, buyers have a price range in mind, but are not certain of which city/area they want to relocate to. So they end up trying to do a search in several different cities within their price range. While there is nothing wrong with this approach, we urge buyers to take some time to seriously think about things like access to schools, recreational facilities, what the neighbourhood is like, what type of property are you looking to live in etc. Afterall, where you live does have a big impact on your lifestyle. Then, take a few days to explore the areas that you have decided on. 

Meet With a REALTOR®

It’s important to work with a REALTOR® you feel completely comfortable with. Don’t be afraid to ask a lot of questions before you decide on who to work with. A knowledgeable and trustworthy realtor will welcome questions and see this opportunity as a partnership. Some REALTOR® duties include setting you up with viewing appointments, touring properties, and bringing clarity to the process of buying a home.  

With 15 years of market knowledge and a priority of always having your best interest at heart, we have full confidence in providing you the right guidance.

The Search

The Property Search function on this site allows you to easily see properties on a map and adding as many filters as you would like. See something that you like? Be sure to connect with us to let us know about the listing so we can arrange a property tour. 

Closing

As your REALTOR®, we can help you place an offer that the seller will either accept, counter, or reject. After we have negotiated an offer, you will need to finalize your mortgage and get an approval from your mortgage broker. Then we will conduct a home inspection and possibly deal with repairs (to be negotiated with the seller). Once we remove the subjects, you’re ready to decide on a notary lawyer to assist with the completion of the property and sign off on ownership.

At this point, congratulations are in order! Becoming a homeowner is one of the most rewarding stepping stone. There are many benefits to home ownership — building equity, creating financial freedom, creating memories — the list goes on.