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Buyer's Guide
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Determining your needs
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Neighbourhood Features Checklist
Determining Your Needs
Neighbourhood Features Checklist
Choosing a location depends on where you work, and whether you want to commute as well as on your lifestyle. How close you would like to be from various places and services has a major impact on the your home purchasing decision.
Monthly Expenses
It's great to have a beautiful home, but don't invest every penny so that you have no additional funds to enjoy your lifestyle. As we mentioned earlier, your home buying decision must take all factors into account. Be realistic upfront. If you begin by overestimating the costs, you're less likely to find yourself in a financial bind down the road.
Your Team of Professionals Worksheet
It is essential to have the right people working for you to make it happen. Useful advice and professionalism are key.
Home Features Checklist
Being realistic is very important at this stage. You would need to determine which features are absolutely essential and which fall into the 'nice to have' category. Don't forget to give your agent a copy.
Home Hunting Worksheet
There is a limit to how much one can remember and when you're home hunting, there are lots of details that are crucial when it's decision time.
Read More
Determining Your Needs
Neighbourhood Features Checklist
Choosing a location depends on where you work, and whether you want to commute as well as on your lifestyle. How close you would like to be from various places and services has a major impact on the your home purchasing decision.
Monthly Expenses
It's great to have a beautiful home, but don't invest every penny so that you have no additional funds to enjoy your lifestyle. As we mentioned earlier, your home buying decision must take all factors into account. Be realistic upfront. If you begin by overestimating the costs, you're less likely to find yourself in a financial bind down the road.
Your Team of Professionals Worksheet
It is essential to have the right people working for you to make it happen. Useful advice and professionalism are key.
Home Features Checklist
Being realistic is very important at this stage. You would need to determine which features are absolutely essential and which fall into the 'nice to have' category. Don't forget to give your agent a copy.
Home Hunting Worksheet
There is a limit to how much one can remember and when you're home hunting, there are lots of details that are crucial when it's decision time.
Read More
1. Determining Your Needs
Learn
- Your Lifestyle
- Location, Style and Cost
- Why is Location Important?
- Choosing a Neighbourhood
- Your Housing Needs
- Types and Styles of Homes
- What Can I Afford?
- Your Team and Their Roles
- Agents
- Contractors
- Appraisers
- Lenders
- Mortgage Brokers
- Lawyers/Notaries
- Home Inspectors
- Insurance Brokers
Plan
- Neighbourhood Features Checklist
- Monthly Expenses
- Your Team of Professionals
Worksheet
Do
- Home Features Checklist
- Home Hunting Worksheet
2. Arranging a mortgage
- Overview
- What is a Mortgage?
- Down Payments
- Conventional and High Ratio Mortgages
- Pre-Approved Loans
- Types of Mortgage
- Conventional and High-Ratio
- Second
- Mortgage Features
- You Should Know
- Assuming an Existing Mortgage
- Vendor Take Back
- Rate of Interest
- Terms
- Amortization
- Schedule of Payments
- Open Mortgage
- Closed Mortgage
- Convertible Mortgage
- Additional Costs
- Securing a Mortgage
- Applying
- Approval Process
- Insurance
Plan
- Getting Ready (to see a lender)
3. The Offer
Learn
- Overview
- Eight Basic Elements of an Offer
- Making An Offer & The Process
- Accepted and Rejected Offer
- The Deposit
- Offer Strategies
4. Closing
Learn
- Overview
- The Lawyer
- Surveys and Inspections
- The Title Search
- Taxes and Liens
- Finalizing the Mortgage
- Signing on the Dotted Line
5. The Move
Learn
- What to Except on Moving Day
- Ways to Reduce the Cost of a Move
Plan
- Moving Checklist
- Change of Address
Do
- Moving Calendar
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