Here are the steps to buying a house in Ottawa with my team:
The First Stage – Discovering Your Needs
In our first meeting, you’ll be invited to our office so we can learn about you, your requirements, timing, desired neighbourhoods, and what features in a home are essential to you. We’ll show you currently available properties in the Ottawa real estate market so you can help us narrow down your preferences. At this time, if you would like to proceed with our team, we’ll sign a Buyer’s Agreement.
The Second Stage – Obtaining Mortgage Pre-approval
Arranging a mortgage pre-approval is one of the key steps to buying a house. This will allow you to make an immediate offer when you find your ideal property. If you require a recommendation for a lender, we can give you contact information for those we’ve established are reliable and reputable.
The Third Stage – Looking for Homes
We’ll begin the search to find you homes that fit your criteria and budget so you’re only spending time and energy viewing the most suitable matches. With our extensive knowledge on Ottawa’s neighbourhoods, we can also suggest communities which you may not have considered.
The Fourth Stage – Visiting Potential Matches
When you’ve found a home or homes that you would like to view in person, we’ll accompany you to visit them. With our home construction and renovation backgrounds, we’ll be able to give you invaluable insight and advice as to the property’s structure.
The Fifth Stage – Determining a Fair Price
Once you’ve chosen your desired home, we’ll do a Comparative Market Analysis to assess the real value of the home and determine the optimal cost to buy a house in Ottawa. We’ll draft an offer to purchase which includes conditions, deposit, and the closing date and ensure that you’re protected and informed about every aspect of the contract.
The Sixth Stage – Real Estate Negotiation Strategy
Many times, one of the steps to buying a house is dealing with multiple offers for the property, particularly when it’s a good deal. We have experience navigating bidding wars and if you find yourself in that situation, we’ll counsel you on how to best approach the seller so they will accept your offer.
The Seventh Stage – Real Estate Closing Process
We’ll educate you regarding all aspects of the financial matters, clauses, and contingencies and guide you through every step of the agreement so you know exactly what you’re signing. Our team will ensure that all procedures regarding home inspections, legal requirements, title transfer, and insurance are completed ensuring nothing can go wrong on closing day.
The Eighth Stage – After Your Purchase
Our relationship doesn’t end after your new keys are in your hands. If you need recommendations for renovations on your new home, we’d be happy to provide contact information for reliable and trusted professionals. And of course, we’re always available to provide any support you require and answer any questions that may arise after you’ve settled in.
If you would like to know more about the steps to buying a house with the best real estate agents in Ottawa, just fill out the form below and we’ll get right back to you.