3 Hassard Avenue | $689,000
300 Springdale Blvd | $649,000
74 Langley Avenue | $1,799,000
326 Carlaw Unit 103 - $659,000
126 Eastbourne Avenue - $2,199,000
5 Hanna Avenue #441 - $659,000
26 Fairview Blvd - $1,499,000
5 Hanna Ave #726 - $589,000
STEP-BY-STEP BUYING GUIDE
1. Establish your Budget
Establish your affordable price range, desired location(s) and desired/required features of your future home. It is important that you speak with Bank and/or a mortgage broker to obtain a pre-approval for a mortgage.
2. View Homes That Meet Your Criteria
As your representatives we will source out and preview available homes that meet your criteria therefore saving you from seeing a lot of houses that aren't right for you. We will also have access to exclusive listings which may not be advertised on the MLS system or ones that do not have Public Open Houses. Once we have found homes that we have previewed on your behalf which meet your criteria we arrange for private viewings that work with your schedule. Additional documents such as pre-listing home inspections, surveys, and other pertinent documents will also be reviewed with you to provide additional information on the property.
3. Submit an Offer
When you find a suitable home, we will prepare an offer and review all of the forms with you in a detailed and comprehensive manner so that you understand all of the terms and conditions which are important to you. In Toronto's real estate market it is also beneficial to have a certified deposit during the time of the offer presentation.
We will negotiate on your behalf with the sellers and their representative. There may be several stages to the negotiation.
Any conditions on your offer will be satisfied (such as arranging a mortgage, a home inspection, etc) and an appraisal by your lender may be required. Our office will coordinate with your lawyer to ensure that they have all of the necessary paperwork and details to ensure a successful transaction. Once you take possession on closing day you will be responsible for the following expenses:
- Purchase Price (less the deposit)
- Land Transfer Taxes payable to the Provincial and Municipal Governments
- Adjustments (pre-paid taxes, utilities, etc)
- Legal Fees
- Moving Costs
- HST for new and renovated housing (if applicable)
6. Follow Up
We will be available to you throughout the process and help resolve any problems which may arise before or after closing.
Land Transfer Tax Rates
Provincial and Municipal Rates as of March, 2017
Know who you’re working with! Choose a strong agent who knows the neighbourhoods that you are interested in and is a strong negotiator. In this tough market, there is nothing worse than finding the home that you want to buy and losing it in competition.
Forms you need to know
Before agreeing to work with a Realtor, you should ensure that they have fully explained all of the following forms:
- Form 810 – Working with a Realtor
- Form 300 – Buyer Representation Agreement – Authority for Purchase or Lease
- Form 801 – Offer Summary Document
- Form 320 – Confirmation of Co-operation and Representation
- Form 100 – Agreement of Purchase and Sale
- Form 127 – Conditions in Offer – Buyer Acknowledgement