For Buyers

Thinking about buying a home? You've come to the right place. Whether you are a first time buyer or have bought and sold many times, you will find a wealth of information and advice about every step of the home buying process. With over 28 years of experience helping buyers find their dream home in Ottawa's east end communities, you can count on me to provide the very best personalized service. My comprehensive service can save you time and money, as well as make the experience more enjoyable and less stressful.

The Royal LePage Home Buyer's video series provides a quick and informative overview of the home buying process. In this series, you will learn the critical steps of buying your new home with tips and advice from industry experts that will help you navigate this all important experience.

Secrets of Savvy Househunters

Experienced home buyers know that there’s more to look for than a good neighbourhood and a sturdy foundation. They shop with their hearts, their heads – and with the expert advice of a real estate professional. Before you get caught up in the excitement of searching for the perfect home, here are some savvy steps to follow.

NEEDS VS WANTS

Looking for a new home may seem a little overwhelming at first. There are so many things to think about, so many choices, and often not enough time.

A small investment of time and effort right at the start can pay tremendous dividends. Take the time to organize your thoughts and think seriously about what sort of home you want before you start looking. It will simplify the process, save you time, and help lead you to the right home for you.

Give me a call before you start your search. I'll help you get organized, answer your concerns, and raise important questions to ask yourself, such as:

  • Where do I want to live? (community/general area)
  • How much should I expect to spend on purchasing a home?
  • Are schools a factor?
  • Do I want an older home or a new one?
  • What style of home do I prefer? (two storey, bungalow, townhouse, condo, etc.)
  • How much renovation and remodelling am I willing to do?
  • Is being close t public transportation important?
  • Do I have pets to consider?
  • What sort of lot would I like? (small yard, large yard, fenced, garage, patio/deck)
  • How many bedroom do I need? How many would I like to have?
  • How many bathrooms do I need? How many would I like to have?
  • How big a house do I want? 
  • What features are important? (air conditioning, hardwood floors, eat-in kitchen, separate dining room, main floor family room, den finished basement, separate laundry room, fireplace, workshop, other).

GETTING PRE-APROVED

Find out about your mortgage options before you start looking for a home. There's nothing more frustrating than falling in love with a home, only to find out you can't afford it.

Pre-qualifying for a mortgage is the best way to find out how much you can afford. Your financial institution will look at your income, expenses and debt to determine how much they will lend you. Combine that amount with the money you have for a down payment, and that's your budget.

Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spent on a home before you start looking. An added benefit is that you will also be protected against interest rate increases while you look for your new home.

Want to get an idea of how much you can afford? Try my Mortgage Affordability Calculator for a quick estimate.

HOUSE HUNTING

Once I have helped you identify what you want in your new home, I will compare you rneeds, wants and budget with what is currently available on the market - and make recommendations that will save you time and effort.

I have access to an incredible house-hunting tool. i will start sending you listings of potential homes right away. most listings will have multiple photos, and some even have virtual tours! You'll be amazed how fast and easy it is to zero in on your favourite few homes.

I will accompany you as you view houses and help you assess their suitability and price. I can provide facts on the neighbourhoods, verify information, and recommend the use of other professionals to assist you in the process.

MAKING AN OFFER

When you've found the home you're interested in, it's time to make an offer. Deciding what to offer is one of the most difficult decisions to make. Offer too little and you stand a chance of losing the house (particularly in a seller's market). On the other hand, nobody wants to pay more for something than it's worth.

You can rely on my experience to negotiate, on your behalf, the best price in the current market conditions. I can help you by showing you what comparable houses are selling for, helping you assess the condition of the house, and judging the type of competition you may face. Once you have decided on the price you are prepared to offer, I will draft your offer and explain the details to you.

I will communicate your Offer, known as an Agreement of Purchase and Sale (a legal document specifying the offer's terms and conditions) to the Seller or the Seller's representative, on your behalf.

There are five main elements to an Agreement of Purchase and Sale:

  1. Price  -  The price you offer reflects your opinion of the value of the house and is determined by the condition of the property and local market factors. You can make any offer you like. It does not have to be the same as the seller's asking price.
  2. Deposit  -  The deposit shows your good faith and will be applied against the purchase of the home when the sale closes. I will advise you on an appropriate amount.
  3. Terms & Conditions  -  Within the offer, it is necessary to describe the type and terms of your financing details. You offer could also include some conditions. Conditions are items that must be completed or fulfilled prior to an offer being concluded. These can include subject to home inspection, subject to you obtaining financing, or subject to you selling your existing property.
  4. Inclusions and exclusions  -  Your offer may be contingent on certain items being either included or excluded in the sale. These might include appliancees, fixtures, and decorative items, such as window coverings or mirrors.
  5. Closing or possession date  -  The closing date is generally the day the title of the property is legally transferred and the transaction of funds finalized, unless otherwise specified.

NEGOTIATING

Once our offer to purchase has been drafted and signed, it will be presented to the Seller as soon as possible. The Seller can accept your offer, reject it, or make a counter offer.

Acceptance
An accepted offer means the Seller has agreed to all the terms and conditions exactly as set forth in your offer to purchaser.

Rejection
A rejected offer means the Seller did not agree with any of the terms and conditions set forth in your offer to purchase.

Counter Offer
A counter offer means the Seller agrees with some of the terms and conditions of your offer, but not all of them. The counter offer may change certain items such as price, closing date, or inclusions and exclusions.

Once you have received a counter offer, you have two choices, You can either accept the new terms and conditions or counter back. Acceptance of the offer is final when both the Buyer and Seller agree to all terms and conditions.

HOME INSPECTION

buying a home is probably the biggest single investment you will make. A home inspection will protect you and your investment.

A qualified home inspector will give your house a thorough examination, checking the heating and cooling system, plumbing and electical systems, the roof, attic, walls, ceilings, floors, windows, doors, foundation, basement and visible structures of the home.

The inspector will point out the need for major repairs, identify areas that may need attention int he near future, and explain what maintenance will be necessary to keep the house in good shape. But, it is not all negative. Most inspectors are more than happy to tell you about the home's good qualities as well.

Home inspections are relatively inexpensive considering the size of the investment that you are about to make. Many people consider this a small price to pay for peace of mind.

I will gladly provide you with a list of reputable, qualified home inspectors in your area.