The process of BUYING your home
- Initial meeting with a buyer is key in setting the stage for a successful home search and eventual purchase. Goals, needs, wants, must-haves, time-lines along with budget determine frame work, type of property — house, townhome, apartment, areas of the city, approximate size and attributes.
- Starting the search to capture all listings as they become available that fit the desired criteria. I receive listings instantly as they hit Mls, sometimes 48 - 72 hours in advance of the public sites. If one wishes to be set up on auto-notification I can arrange so that the buyer will receive these listings concurrently along with me. For those buyers who do not wish to receive all potential listings online I will do the searching for you.
- Financing is a key component to the buying process. I work with great mortgage brokers that I refer to you so that you may be pre-approved ahead of time and can proceed with a firm budget in mind.
- Viewing properties is important to do with a trained eye. I look past the staging and identify anything I feel that might affect the long term value of a property, plus I ensure that the property answers your criteria and goals.
- Determining market value is important to ensure value for the ultimate purchase. I evaluate competitive activity as it relates to the property in question, in terms of location, size, amenities, condition as well as the market environment.
- Making an offer is so much more than price. Understanding the seller’s needs and being able to marry those with your goals takes skilled navigation. Dates, deposit, terms, inclusions, exclusions, subjects, conditions all form part of the offer.
- Counter offers and ultimate acceptance of offers can be a negotiating mind-field. I am mindful of your goals. I work hard to get you the best terms.
- Accepted offer can be clean or conditional. The conditional offers trigger a host of subjects that need attention. I guide and navigate you the through reviewing documents such as strata documentation, disclosures, title search, oil tank scan/removal and inspection reports.
- Subject removal is the second to last step whereby any and all subjects are removed and deposit is collected.
- Completion of the property is when the lawyers representing both the buyer and seller finalize documents, transfer title and the balance of funds paid.
- Possession is that exciting day when the buyer receives keys and can move in!
Karen Wiltshire – Realtor, serving your real estate needs in Vancouver Lower Mainland, West Vancouver, & North Vancouver.