Get pre-qualified for a mortgage, make important financing decisions and choose a lender
The first step to buying a house or condo should be finding out how much your bank is willing to lend you. When you pre-qualify for a mortgage, your lender will look at your income, your debts and your down payment.
Make an offer and not be intimidated by the paperwork, negotiations or bidding wars
Now you’ve found the right home for you: it satisfies your wants/needs, it’s in your price range, and it feels right. Now we begin by drafting the Agreement of Purchase and Sale. This is a legally binding document which contains everything from the price you are prepared to pay to the conditions that need to be met for the deal to go through.
Be prepared for the closing process and costs so you don’t get caught off-guard!
Once you have a firm deal the closing process starts. This will require you to be in close contact with your lender and your lawyer – they’ll need lots of information, and of course, money, from you.