Home Buying Guidelines

Consider Location, Location, Location – understand and locate all available homes in the neighbourhood.

  • Be honest and open. Your agent will work for you and will represent you to ensure you are receiving updated information and changes in the real estate market
  • Complete a “Buyers Representation Agreement” – this will confirm that your real estate agent is working for you and all information you discuss will remain strictly confidential and it allows him/her to disclose all known facts about properties you are interested in. They are able to assist you to collect the pertinent data on values, taxes, utility costs and evaluate the strengths and weaknesses of a home.
  • Prepare a property value in your chosen neighbourhood for previous sales
  • There is no such thing as a perfect home. Be ready to make compromises and concessions. Know what is most important to you and “give” on those things that aren’t really important
  • Supply and demand of the present market is critical, a buyer’s market gives you more time to choose, a seller’s market means you must be prepared to move quickly to ensure success.
  • Get pre-approved from you financial institution, mortgage broker/agent for your mortgage prior to making an offer.
  • Be an educated buyer. Learn as much as possible about the local market, the area, the neighbourhood, the subdivision, area prices for sold, expired and active listings
  • Buy the best home you can afford in the best neighbourhood you can afford. You are almost always better off with the least expensive home in the area rather than the most expensive one.
  • Pay attention to the original listing date of the properties you look at; sellers tend to be more flexible the longer the home is on the market.
  • Complete the HOME EVALUATION QUESTIONNAIRE this will help your agent select homes for viewing based on your preferences.
  • Your agent’s job is to explain forms, contracts, and closing procedures and discuss financing, loan qualifications and processing procedures. 
  • Prepare and offer advice on the preparation of an offer for the property you choose. Your agent should draw up the Agreement of Purchase and Sale including the clauses pertinent for a successful offer.
  • Negotiate on your behalf to attain the lowest possible price with the best possible terms and coordinate all aspects of the sale and closing.
  • Provide you with a complete estimate of all costs involved in the closing process.
  • Provide you with a list of qualified lawyers, home inspectors, mortgage or financing requirements as needed.
  • Provide you with a list of qualified contractors, trades and services in Muskoka for home renovations or alternations to your new home.

 

Bradley Mayer-Harman

Bradley Mayer-Harman

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
Contact Me