Ready to buy a new home? You've come to the right place! Our goal is to help you make smart real estate choices. "It's a big decision..." We hear this all the time, and we agree! There is a lot you need to know before signing on the dotted line.
We will provide you with information and advice
during each step of the home buying process. When you are ready to start your real estate search, count on us to show you the way. Choose Dena Arnold Realty Group to represent You!
Real Estate Agents are the matchmakers bringing buyers, sellers and homes together! We will listen closely to your wants and needs and then use our resources to find you the perfect property. The process can be full of excitement and anticipation, but buying a home can also be a stressful experience. That's why it is important you choose a Realtor who understands what you are going through and is qualified to help you make informed decisions.
Dena Arnold Realty Group offers you:
- Experienced negotiators. With strong market knowledge, we will competently manage your offers and counter offers.
- Local Area Expertise. We are familiar with local neighborhoods and can provide you with information on local real estate values, taxes, utility costs, services & amenities.
- 25 years of combined experience. We know the home purchasing process and will walk you through it step by step. Will can advise you of your rights, options and obligations as well as recommend appraisers, home inspectors or any other professionals required.
- Personalized Service. We will guide you through the viewing process, pointing out features you may not notice and highlighting any areas of concern. You will be informed and educated through the process, making it an easier and more enjoyable experience.
Why should I apply for a mortgage pre-approval?
Knowing your pre-approval amount will save you time and allow you to shop for homes that are comfortably within your price range. A pre-approval will protect you against interest rate increases while you shop because your rate will be locked in for a fixed period of time. Most importantly, a proper pre-approval will eliminate the disappointment many have encountered by falling in love with a home they cannot secure adequate financing for. If you need a lender referral, we can suggest one that will suit your needs.
Down Payment and Other Expenses
How much money will I need up front to buy a home?
You will require enough funds to cover your down payment, a property inspection (if required), legal fees and property tax adjustments for the balance of the year. Down payments are typically a percentage of the purchase price of the home. Your lender can advise you of different options – even zero down! Down payments can come from your savings or from net proceeds of the sale of a home you already own. First time home buyers can use the Home Buyers' Plan (HBP) that lets you withdraw up to $20,000 from your RRSP as a down payment that is subject to repayment conditions.
Needs vs Wants
Know your "must haves" and "would like to haves".
Writing out your wish list will help us find you the right home at the right price.
A focused home search will save you time! Make a list of must-have features and another list of those features that would be nice to have but are not necessarily deal breakers.
You can start by asking yourself the following questions:
- Cost: How much do I want to spend? The amount you are pre-approved for is not always the amount you are willing to spend!
- Neighborhoods: Where do I want or need to live? What local amenities do I require? (proximity to schools, shopping, transit, work, etc)
- The Basics: What do I need? These are typically non-negotiable. (size, style, number of bedrooms, garage, etc.)
- Special features: What do I want to have? Generally less important than the basics but you still might not want to compromise on some of these. (hardwood floors, fireplace, main floor laundry, etc)
This is your assurance of fair play!
Agency is a relationship established when two parties agree to have one party act on behalf of the other. Under agency law, your agent owes you duties and obligations including full disclosure, confidentiality, undivided loyalty and responsible care.
A real estate agent must disclose in writing who they are representing in a real estate transaction. They may represent either the Buyer or the Seller, and in some cases may represent both parties involved in the same transaction. Concurrent representation is permitted by law with the consent of both the Buyer and the Seller. We will inform you of your rights and representation options in all transactions.