email: ruzycki@itcanada.com
 |
|||
Buyers Frequently Asked Questions click for more>>>>Next |
|||
|
If you need a mortgage to buy your home the best place to start is at your financial institution. They can pre-qualify your mortgage for you. You can then view homes with confidence knowing you are looking at homes in the right price range. |
||
|
Find out about new listings before they are advertised and get a jump on other buyers! When you sign up with Frank as a buyer client, you will be kept informed regularly of all homes within your price range and specifications. With an e-mail address you will be notified immediately of all new listings, by all real estate companies, as soon as they are on the Real Estate Board computer (MLS) |
||
|
The compensation that a sales agent receives typically comes from the seller's proceeds. In other words there is no additional cost for a buyer to use Frank in a traditional agent/buyer relationship. |
||
|
You can visit open houses without Frank. However, you need to make sure that you indicate to the open house agent that you are working with an agent already. This is very common. |
||
|
You should contact Frank and not the listing agent or homeowner. Having the address or MLS number can be helpful and will assist Frank in gathering information regarding the property for you. |
||
|
Other than the down-payment for your home (minimum of 5% of the purchase price but can be less-speak to your bank), there are some costs to prepare for. You will be responsible for a standard legal fee plus HST and any disbursements the lawyer makes on your behalf. The buyer is also required to pay Land Transfer Tax which is based on the value of the property. In addition there is a registration fee. On average, you should budget between 1.75 to 2% of the value of the property to cover the above costs. These fees are dependant upon the complexity of the real estate transaction. | ||
| CMHC Home Buying Guide | |||
How Realtors Help click for more>>>>Next |
|||
