Home Buyer's Guide

CHOOSE THE AGENT THAT’S RIGHT FOR YOU

Your home will likely be the greatest financial investment you’ll ever make! With the help of a trained real estate agent, it can also be your wisest. Give yourself every opportunity to come out on top by working with a professional.

Founder and team leader of the Invidiata team, Christopher Invidiata sitting on a wooden chair

FIND THE RIGHT AGENT BY ASKING THESE QUESTIONS:

  1. How much experience do you have in real estate?
  2. What services and resources do you offer? What sets you apart from other agents in the area?
  3. How will this process work and what’s expected of me?
  4. How much time can you devote to my needs and how often will you communicate with me?
  5. What types of homes do you specialize in and what neighbourhoods are you most familiar with?
  6. Can you provide client references and reviews?

OUR MISSION

At Invidiata, we are committed to understanding the needs of our clients. With passion and vision, helping people realize their goals in real estate, and through the process, developing meaningful and lasting relationships.

main

KNOW YOUR BUDGET

It’s important to figure out how much you can afford to spend before you start looking for a home. Along with your
mortgage payment, there will be other costs. The more you know about your financial situation, the better!

DO YOU KNOW HOW MUCH YOU ARE CURRENTLY SPENDING?

All budgets begin with the baseline of your disposable income, i.e., the amount of money you have available after taxes and other employee deductions have been taken out of your paycheck. Your disposable income is what you use to take care of your family’s most essential needs each month, this can include:

Household Expenses: Groceries, clothing, gifts, home maintenance
Loans and Debts: Credit cards, car loans, lines of credit, student loans, mortgages for properties already owned
Entertainment: Dining out, travel, hobbies, events
Savings: RRSP, TFSA, savings accounts
Medical & Healthcare: Out of pocket costs, dental care, prescriptions, medical devices
Insurance: Heathcare, auto insurance, warranties, protections plans, disability insurance
Transportation: Car payments, registration fees, gas, maintenance, parking, public transport

After calculating your monthly expenses, you will have a good idea of what is left as your expendable income! 

main

GET PRE-APPROVED FOR A MORTGAGE

Consulting with a lender before the homebuying process can save a lot of heartache later.

To get pre-approved for a mortgage, you’ll need a few things - proof of assets and income, good credit, employment
verification, and other types of documentation your lender may require.

main

HOW PRE-APPROVAL WORKS

Consider working with a mortgage specialist to help guide you through the pre-approval process.

  • You and your mortgage specialist will discuss your financial strategy and needs.
  • You’ll learn about available mortgage options and discuss which best suit your needs.
  • Your mortgage specialist will require you to provide details on items as employment, income, assets & more.
  • You’ll give the lender permission to obtain a credit bureau report.
  • Your mortgage specialist will advise you about the documentation you’ll need to supply upon conditional approval.

Pre-approvals are subject to your continued good credit and are usually good for 60-120 days depending on the lender.

LET OUR TRUSTED MORTGAGE PROFESSIONALS ADVISE YOU.
INVIDIATA HAS STRONG RELATIONSHIPS WITH LEADING MORTGAGE SPECIALISTS IN TRADITIONAL
AND ALTERNATIVE LENDERS TO MEET THE NEEDS OF ANY CLIENTS SITUATION.

main

START YOUR HOME SEARCH

Before you start your search, make sure you know the difference between your ‘Must-Haves’ and ‘Would-Like-To-Haves’.

RESEARCH AND CHOOSE THE NEIGHBOURHOOD FOR YOU:

Every neighborhood has a unique charm. Make sure you know the features of each neighbourhood, such as:

• Amenities
• Commute Time
• Schools
• Future Developments
• Quiet or Busy Area
• Nearby Parks
• Shopping
• Restaurants
• Public Transportation
• Crime Rates

main

CHOOSE A HOUSE STYLE YOU LOVE

Evaluate your family’s needs and settle on a style of home that will best serve those needs. Consider how many bedrooms and square feet you need? Do you need a large outdoor space or a balcony? 2-storey home or bungalow?

START YOUR SEARCH

Once you’ve identified your must-haves, browse listings online and through social media.

Your representative will be in regular contact with sellers and other real estate agents to ensure you see all the newestlistings right away, whether or not they’re made public. As you compare the best deals, your agent will provide you withimportant information about the home, its neighbourhood, zoning issues, utilities, and nearby plans for development.

Your agent will coordinate showings for properties you’d like to see in person.

MAKE AN OFFER

Once you’ve viewed a house and fallen in love, your real estate agent will help you decide what your offer will be.
Types of offers include:

main

Your agent will write an offer letter and send it to the agent representing the seller.

The seller will respond in one of three ways:
They sellers will accept, make a counteroffer or decline.

CLOSE THE DEAL - SOLD!

Once the seller accepts your offer, you’re officially under contract and on your way to buying a house!

TRANSFER SERVICES

GET READY TO MOVE INTO YOUR NEW HOME!

Congratulations! You are now ready to start planning your move.

Follow Us on Instagram