Do I Need a Buyer's Agent?No, but it sure does make the process a lot easier, less risky, and much less stressful! Selecting a qualified professional Realtor is the first and most important step in the real estate purchasing process. By using Cape Breton Realty to assist you, you will receive recommendations on ways to use your time most efficiently, from first contact to closing! After meeting with you and determining the criteria for your property, we will do extensive research in preparation for showing you properties which meet your expectations and are within your price range.
You should also speak with a lender. If you have not already done this, we may get financial information from you and talk with a lender on your behalf to determine what price range you can afford and feel comfortable with. They will give you a pre-qualification letter prior to your property search so that you have an estimate of what you can afford, taking into consideration your income and expenses. You may want to talk with several lenders to see what mortgages are available and which one is best suited to your needs. Before making an offer, your Realtor/Broker may recommend attaching a copy of your pre-qualification letter to your Offer. This will show the Seller that you are a serious buyer who is pre-qualified to purchase the property. Many Sellers prefer this in order not to spend unnecessary time on someone who cannot afford to purchase their property.
Check out available properties on this website by specifying the price range, location and other features you wish to have. By using this information you can see what is available and help narrow down your search within your criteria. Also, driving around in different neighbourhoods may help you to determine where you would like to live and what neighbourhood you like most.
Read the materials given to you. We will go over important information about the real estate buying process with you. Reading the materials will help you become a more informed buyer. Some of the materials you may be given include the following: "Working with a Real Estate Agent” – a brochure explaining different types of agencies (buyer, seller) and “who represents whom” in the home buying process. “Agreement of Purchase and Sale” – a form used to make your offer on the property. “Home Inspections” – a brochure containing information on why it’s important to order a home inspection before purchasing a home. Having a home inspection done assures you that a qualified professional has evaluated the house for existing defects and problems which could cause you headaches and costs later. You may have a conditional clause for a home inspection in your Offer in order not to be committed to buying the house if there are system problems found which are unacceptable to you.
When working with Cape Breton Realty, information is only a phone call or email away. We keep in close communication with our clients and will keep you informed every step of the way! After meeting with you and determining the criteria for your property, we will do extensive research in preparation for showing you properties which meet your expectations and are within your price range.