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 mortgage broker to determine what you can afford. Don’t miss this step. We have a network of mortgage brokers we recommend - just reach out and ask for a referral!
Buying with The SOLD Sisters Group
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, strategy and expertise. Using the Sold Sisters Team of experienced REALTORS® will not only make the process run smoothly - but we’ll have fun searching for your dream home. Here’s is a general overview plus a free downloadable Buyers Guide to help you prepare and what to expect as we take this journey together.
Before You Start Looking for your home
“get your Finances in order”
Visualize Your Dream Home
Once you know your price range, it’s time to decide what type of home will best suit your lifestyle. Think about things like access to schools, recreational facilities, what the neighbourhood is like, and so on. Feel the Vibe! - Drive neighbourhoods that you think would be of interest you to get a feel for their vibe. Why you’re choosing to buy should help answer these questions for you — so think about it carefully. You may want to put this down in writing and create a needs v/s wants list.
Meet With a REALTOR®
It’s important to partner with a REALTOR® you feel completely comfortable with and to make sure they are the “right fit” for you. A REALTOR® can help you find your dream home, that meets both your needs and your budget. They will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home.. You’ll want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests. Choosing a REALTOR® is an important step. You’re going to spend a LOT of time with your agent visiting houses.
What You Can Expect From Our Team
At the Sold Sisters Group, we will meet with you in person or via video call to make sure we are the right fit! We’ll ask you lots of questions to make sure we clearly understand your needs and then we’ll use our decades of experience to find you that dream home.
Searching for Homes
Most agents will set up MLS.ca auto-notification for any listings that meet your exact needs (price range, size, location, etc.). They’ll update you frequently regarding new listings and then schedule appointments with sellers.
What You Can Expect from our Team
With the Sold Sisters Group we arrange everything for you from setting up the MLS auto-notification on our "Collab Centre" to arranging viewings of the homes you would like to see. Once the MLS auto-notification has been set up for you, simply select the homes you want to see by favoriting the listing or send us a quick text. We will be closely monitoring what you receive on our end as you mark your favourites. Your perfect home could be the 1st one or the 20th one we visit - there’s no limit so keep an open mind (sometimes pictures can be deceiving and we may miss that perfect home). We will schedule appointments with you to view homes based on your schedule, not the other way around.
Offer and Closing
Your REALTOR® can help you place an offer that the seller will either accept, counter, or reject. After you’ve negotiated an offer, you’ll need to conduct a home inspection and deal with any repairs (the cost of which you can also negotiate with the seller).
What You Can Expect From Our Team
So exciting - you’ve now found your perfect home. We’ll help you craft the perfect Offer guiding you through each part and together we will negotiate the best possible deal (price, conditions, possession). We’ve got your back. The journey doesn’t stop after acceptance of your offer - there’s a lot of paperwork to process - we’ve got you here as well. You will receive checklists and What Happens Next emails so you’ll know exactly where we are throughout the process and what you may need to do next. We’ll communicate with your lawyers to make sure everything is signed, sealed and delivered on time to close.
We also know that sometimes unexpected situations pop up: unexpected repairs or unwanted items left behind. We will work with you to solve any problems or questions that may arise on the day of closing. We are great problem solvers.
After the Sale
At this point, congratulations are in order! Becoming a new homeowner is one of the most liberating things you’ll ever experience. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation — the list goes on.
FREE DOWNLOAD
More Helpful Buying Resources
Tips and Things To Watch For
8 Mistakes to avoid when buying a home
The process of buying a new home can be incredibly exciting, yet stressful, all at once. Where do you start?
Buy or sell first?
Use the following as a guide to explore what might be the best move for you.
Buying a home: What expenses to expect
Don't get caught financially unprepared, blindsided by taxes and other hidden costs on closing day.
Hire the right agent: 8 Questions to ask
Use the following as a guide to finding the agent that is right for you.
Home Inspections: Top 10 Problems
This guide will help you to identify areas for repair or improvement before they grow into costly problems.
How To Set An Offer Price
This guide will give tips on determining a fair price range and, from there, establish the price you’re willing to offer.
RE/MAX Real Estate
Office Address:
#200, 10835 - 124 Street
Edmonton, AB, T5M 0H4