Helping Buyers find their perfect home in all London and surrounding areas.

Including:

7 Easy Steps To Buying Your New Home

Step 1 - Home Buyer Worksheet:  Meet with us to discuss your needs and desires.

Step 2 – Buyer Agency Agreement:  This guarantees, as per the laws of the Province, that your needs are professionally represented throughout the entire process of buying your home.

Step 3 – Arrange a Mortgage: Meet with a Mortgage Representative from a Financing Institution and obtain a Pre-Approval Certificate. Your Mortgage Representative will highlight all the extra costs associated with buying your home.

Step 4 – Viewing Homes:  We are available to help you find your dream home, usually with a minimum of 24 hours notice.

Step 5 – Making an Offer: When you find your dream home, it is advised that you consider a competitive offer immediately. We have extensive contract and negotiation experience and will work with you in developing an offer price, based on recent past sales of similar homes in the same neighbourhood. We will ensure you pay fair market value.

Step 6 – Conditional Agreement:  Once we have a conditional agreement, (except for conditional on the sale of a property) traditionally the property will be temporarily off the market until conditions are met. Conditions can include all inspections, financing, insurance and other clauses more specific to each property. These final details are handled and inspections are performed to ensure the property is perfect for you.

Step 7 – The Final Step to a Successful Closing:  When conditions are met the property becomes sold FIRM.  At this time all documents are forwarded to your lawyer. The next steps will be handled through your lawyer. Your lawyer will then prepare documents for closing…and it’s time for you to start packing.

Step 1…

The Home Buyer Worksheet

To help you achieve your goals in relation to buying a home, we need to ask you questions that will help us understand how we can serve you best, and help you define your needs and wants.

Home Buyer Worksheet:
Is included with our Buyer package to help us get started in finding your dream home.

For the complete Buyer’s Guide contact us today and get all the information you need for buying a home.  519-471-9200

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Step 2..

Buyer Agency & Co-operation and Representation Agreements

Understanding Agency…Who Works For Whom?

Buyer Agency

• Agent will represent the best interests of the Buyer.
• Agent owes Buyer fiduciary duties.
• Agent owes Seller honesty.
• Must give Seller all material facts to make an educated decision.
(This is the most frequent type of agency)

Multiple Representation

• Agents represent both Buyer and Seller equally
• Objective is to get a mutually satisfactory agreement among all parties.
• All options will be given to Buyer and Seller.
• Confidentiality to all parties.  Agent may do nothing to detriment of either Buyer or Seller.

Seller Agency (sub-agency)

• Agent will represent the best interests of the Seller.
• Agent owes Seller fiduciary duties.
• Agent owes Buyer honesty.
• Must give Buyer all material facts to make an educated decision.
(This is not that common today)

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Step 3..

Arranging A Mortgage…
The Pre-Approval Process

Why Should You Get Pre-Approved?

Here are the Benefits:

You look at the “right” homes (In your price range).

You save money dealing with a Seller who is comfortable knowing your financial qualifications.

You close more quickly.

You minimize the trauma of not knowing whether or not you qualify.

Your Mortgage Representative will highlight other closing costs.

Viewing Homes

After our initial meeting, We will have a good idea of your wants, needs, price range, and location and will enter your requirements into our unique “Prospect Matching Computer System”. From the many listings in its inventory, the computer will print a list of homes tailored just for you. We will make arrangements to show you those that meet your desires.

Let Me Help You!

No matter where you find a home you may be interested in viewing; We will be there to help. Because we share a cooperating relationship with all real estate offices within our community it means we can show you properties that are listed with us or any broker in the Region. As your Buyer’s Agents, we are representing you in your transaction. I can also work on your behalf with “For Sale By Owner” or “New Home Builder” transactions. With our extensive market knowledge and years of experience, We can represent you to ensure that you aren’t paying too much for your new home.

If you…
•    See a Sign
•    Read an Ad
•    See a Home on the Internet
•    See a New Home Project
•    Hear about a Property

…Just call us at (519) 471-9200 to get the information you need!

For the complete Buyer’s Guide contact us today and get all the information you need for buying a home.

Including:
•    Making an offer.
•    Standard Terms and Conditions.
•    Condominium Specific Conditions.
•    Accepted Offer.
•    Final Steps to a Successful Closing.
•    Budget for Closing Costs.
•    Expected Utility Charges.
•    Estimated Costs for Buyer – Worksheet.
•    Preparing to Move – Time line of activities to do.
•    Remember to Notify Checklist.
•    Packing Tips.
•    And MORE!

CALL TODAY 519-471-9200
home@powerof3.net