Buying a home is a big step! Whether you're buying your first home, your dream home, or your tenth investment property, yours will be a big investment. We know how important this is to you, and we have a team of experts to make sure we find the perfect property for your unique circumstances. We know the market and love real estate, and we'll educate you throughout the buying experience.
Finding the perfect property is just one way we can help you with your real estate purchase. As a real estate team, we have ongoing access to experts in every related field from lending to relocation.
We are be able to connect you with a trusted lender who will take you through the pre-approval process so you can get to shopping for your home.
You want to be pre-approved so you know how much you can afford! One thing to keep in mind is the differences between being pre-approved and prequalified. These two mortgage terms are night and day in their meaning. You want to be pre-approved which means the lender has verified your income, employment and run your credit. A prequalification letter in most circumstances does none of these things.
House hunting is a tiring process at the best of times, requiring you to make concessions so that your dreams can match up with the reality of what is available and what you can afford. Our job is to help you clarify what you want most, and find you options that meet your specifications as much as possible. With a combined 25 years plus years in the Real Estate industry in the GTA, we are able to counsel you on location, neighborhood, schools and other factors.
One of the biggest advantages in having The Property Power Team working for you is our extensive experience and ability to negotiate the best price for your home purchase. We have in-depth knowledge of the factors that affect the value of a property like recent comparables and market trends. This knowledge can guide you to the fair market value of what you will be attempting to purchase, to insure that you are not overpaying!
We will advise you on what your initial offer should be and how to proceed accordingly when the seller responds.
We know how to effectively negotiate to get you the best possible price on the home of your dreams. Ultimately you are beholden to the market, but that doesn’t mean a good negotiator can’t tip the scales in your favor.
Just like Realtors, some Home Inspectors are better than others. We are able to refer the best home inspectors in the area and help you choose one that you can depend on to give you a complete analysis on the true state of any home you are interested in buying.
We can also advise you on any additional inspections that may apply to the home you are looking at, including indoor air quality, mold, asbestos, termites, lead paint, etc. These are all potential stumbling blocks that could cause issues in your sale!
Even the best home inspectors can miss things, and even the most knowledgeable inspectors can fail to accurately convey the information they find to you as a buyer. We will be present during your Home Inspection to hear exactly what the home inspector finds.
When the home inspection is over and you are given the report from the inspector, we will counsel you on what should be brought to the sellers attention.
The information you get from the home inspection can provide you with leverage in negotiations. You can request repairs based on the information from the home inspection, and you can sometimes get price, or other concessions based on the problems found in the inspection. We can advise you on how to best negotiate on these items offering opinions on how each issue affects the value of the home.
Our Team will be your “negotiator” to make sure any serious problems are dealt with by the seller. This could be in the form of a price reduction, a repair or a seller’s concession at closing. We will also direct you what to keep your focus on and what to let go.
Our Team will also confirm if there are no permitting issues with your home. Sometimes homeowners make changes to the home without getting the proper permits, which can present major problems to you as a buyer. You want to know about any of these hurdles before you buy.
Everyone needs to be on the same page for a home purchase to go smoothly. Our team will be responsible for keeping everyone informed, including the seller’s agent and your attorney.
In our experience, we know how to measure the importance of information, and knows who needs what and when to keep the ball rolling to insure a smooth sale!
We always stay on top of monitoring the buyer’s mortgage commitment. The pre-approval you got for your home purchase is a fragile thing, based off of the information given to the lender at the time of the pre-approval request. Any changes to your financial situation could make it impossible to get the loan or reduce the amount of the loan available to you. We will monitor the status of your loan and advise you on how to protect your approval. We will make sure that you understand not to make any large purchases or take out any loans, like buying a car, before you close on the home.
You only need to make it through the closing to finally get your home. But there are a surprising number of details involved in a closing, all of which need to be wrapped up before you officially become the owner of the home. Failing to take care of everything could cause the closing to fall through.
The Property Power Team will finalize all the loose ends so that the closing goes through without a hitch, and will be there alongside you at the closing so you have support and advice should you need it.
As a buyer, you should have high expectations from your Buyer’s Agent. You are making a huge purchase that could quite possibly the biggest of your life. We look forward to helping you through this process!
