top of page

Tips for Home Buyers!

Buying a home can be an exciting and emotional time. Before you set out with a REALTOR ® and fall in love with your dream home you need to do some preparation and ensure you are aligned with any person you may be purchasing with. Stage One Real Estate is happy to guide you through the purchasing process in order to match you with a home that fits your lifestyle and budget. 

Check out our 10 tips below for purchasing your home! 

1) Know your budget.   

​Getting pre-approved by your financial institution is also a very good idea.  This helps expedite the financing process once you want to make an offer and ensures all parties know what budget they are working with in.

2) Know the general neighbourhood you are interested in.  

​Equally important be sure to advise your REALTOR® if you know places you do not want to live.  This will help narrow the search to properties that are truly of interest to you.  

3) Know what type of home you are looking for.

Are you looking for a condo, semi-detached or fully detached home?  What are other “must haves” for you?  

4) Meet with your REALTOR® in advance.

Meet with your REALTOR® in advance of viewing any homes so they can fully understand your needs not only about the home but also about your budget and desired timelines.  

5) On viewing day, be open minded and optimistic.  

Also be honest with your REALTOR®.  If a property is not for you they need to know and also want to move on to something more suitable to your needs. 

6) Be serious about your intentions.  

Sometimes an offer needs to be made quickly so being prepared to jump in to action at any time is important.  There is no pressure however be aware that markets are hot and desirable properties sell quickly.  If you hesitate you may lose a home you really wanted.  

7) Do some pre-work. Do some pre-work in terms of servicers you may use once you are making an offer.  Do you have a finance company, home inspector and lawyer selected?  If not, rest assured your REALTOR® can assist you however if you have preferred providers it is best to use them again. 

8) Be sure to start looking in to any purchasing incentives that may be available to you such as:

  • First time home buyer incentives 

  • Land transfer tax refunds 

  • RRSP Home buyer plans 

9) Start planning for any closing costs that may include:

  • Land transfer tax

  • Mortgage insurance

  • Legal fees

  • Title insurance 

  • Home insurance

  • Adjustments 

  • Utility hook ups and moving costs

10) Start Packing!

13 views0 comments

Recent Posts

See All

Do what brings you joy!

I felt the need to say something today, I don’t know why today however, I do feel compelled to share what I am feeling. Maybe others are feeling the same way or even just one person needs to hear my t

Your home, confined or comforted?

Here is what I have been thinking about recently… After the pandemic, how am I going to feel about my house? I have two battling opinions running around in my brain. Have I seen too much of it and fel

When to hire a Senior Real Estate Specialist (SRES®)

My parents lived in our family home for 45 years. It was my Father’s pride and joy, the fact that he, a man that came from no money and was considered “just a mailman” (his words) could purchase a ho


bottom of page