After the house hunt, make your offer, negotiate and protect your real estate investment.
You’ve scoured the home listings, and you’ve pounded down sidewalks tracking down that most elusive of prey. Now you have your dream house in your sights, and you don’t want it to be the one that got away.
Arm yourself with some on-target advice. Learn about making an offer to purchase, negotiating, home inspections, retaining legal help and more. These are the facts you need to know when buying a home.
Elements of an Offer to Purchase
Put it in writing. After much deliberation, you have finally selected the house of your dreams. What now? You’ll need to officially document what you’re willing to pay and what conditions need to be met before shelling out for your new home. Learn more about what you need to include in your offer to purchase.
Nail the negotiations. If the seller doesn’t agree to all the terms of your offer, you may receive a counter offer. Unless the seller is being extremely unreasonable, you will likely choose to work with him or her to establish mutually agreeable terms. It’s time to negotiate. Learn more about counteracting those counter-offer blues.
Inspections and Appraisals
Invest in your peace of mind. Buying a home without having a professional home inspection is like buying a car when all you’ve done is kicked the tires. You need an expert to ‘check under the hood’ and determine if your dream house is really a peach, or a lemon. Learn more about the benefits of having a house inspected before you buy.
Hiring a Legal Professional
Let your lawyer handle housing hassles. When it comes to complex legal documents, it takes a pro to decode the legalese and ensure the law protects you and your finances. And when it comes to real estate transactions, there are plenty of those complex legal documents to sift through. You need a lawyer specializing in Canadian real estate, or a notary if you live in Quebec. Learn more about why you should hire a real estate lawyer.
Royal LePage sales representatives are your residential real estate experts. For advice about buying a home and making an offer, get in touch with a Royal LePage agent: Real Estate Agent Search