Tips On Purchasing Your New Home

Step 1 - Decide What's Most Important...
Step 2 - Remember The Bigger Picture
Step 3 - Line Up Your Team
Step 4 - Prepare Your Offer
Step 5 - Close the Deal
Step 6 - Pick Up Your Keys

Step 1

Decide What's Most Important...

With so many choices on the market, the idea of buying a home can be overwhelming. So, first things first… narrow down your search by determining the answer to the three most important questions...

Where Do You Want To Live?

Do you want to live near your work? Your Family? Is it important to be near a recreation centre? Do you prefer an urban setting or rural? Consider the following amenities and decide how important it is to have them in close proximity: Work, Doctor/dentist, Places of worship, Shopping, Police department, Hospital, Schools, Fire Department, Recreation. Public Transportation.

What's Your Style?

What works best for your family? Single family detached, semi-detached, duplex, townhouse or bungalow? Consider the options.

What Can You Afford?

Choose a home that won't break your budget. Click here to calculate your estimated mortgage costs.

Mortgage Calculator

Step 2

Remember The Bigger Picture

This isn’t just a place to live; it’s one of the biggest and most important purchases you’ll ever make. Think of your home as an investment, and consider how much potential your investment has to grow over the next number of years. You want to buy at the best price possible. You want your monthly payments to be as affordable as possible. You want your home to increase in value as much as possible.

Step 3

Line Up Your Team

• Talk to your lending institution about a mortgage. Shop around for a great price.

• Talk to a Losani Homes Sales Agent who understands your new home needs.

• Find a real estate lawyer that you’re comfortable with to help understand the documentation. Ask up front about the various costs that you will incur.

• Your contact list may be extensive, depending upon your individual requirements. Builders / Contractors Appraisers Lenders Mortgage Brokers Lawyers / Notaries Home Inspectors Insurance Brokers

Step 4

Prepare Your Offer

How do you get the best mortgage for you and at the best rates? Learn more about the range of mortgage options before you make your final decision. Before making your final offer, find out what to include in your Offer to Purchase and what to expect once an offer has been made.

Step 5

Close the Deal

There are many small steps when it's time to close the deal.

Step 6

Pick Up Your Keys

There are many small steps when it's time to close the deal. Here's information to help make sure nothing falls through the cracks.