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Matt Ferguson real estate group buyers guide

The Essential Home Buyers Guide


The Decision  To Buy a Home is an EXCITINONE!

AS YOUR AGENTS, WGABOVANBEYONTHELP...consistentlprovidinyowitthexperguidancyodeservthroughouthe home-buying process

Where to start | Agenda

This Agenda Outlines The Steps Toward Having Your Offer On A Home Accepted:

1. HIRE US

• It’s FREE! The seller pays the buyer’s agent’s commissions
• Schedule an initial in-person meeting to discuss your goals & see a few homes • Sign a Loyalty Agreement/6 month Buyer Agency Agreement

2. PRE-APPROVAL

• I will supply you with a list of preferred lenders who can get you pre-approved • You will determine what you are comfortable spending on your monthly payments, which will quantify the price range we will be searching for you

3. THE SEARCH

• We will set up email notifications to you for homes matching your search
• We will schedule private showing appointments as needed, fitting your schedule • We will take you on neighborhood tours to help narrow down your search area.

4. WRITING OFFERS

• We will suggest an offer price using recent sales, days on market and property condition • We will determine your offer price and included contingencies
• You will sign your offer
• We will assist you in compiling the appropriate documents to include with your offer

• WE will request to present your offer in-person to the listing agent and/or seller • Once your offer is accepted, we will assist you in navigating the escrow process

5. DISCLOSURES & INSPECTIONS

• We will deliver copies of any available seller reports and disclosures for a given home • I will determine inspections & arrange contractor walk-throughs

6. CLOSING

• Signing, Keys, and more!

FREQUENTLY ASKED QUESTIONS

WHAT PRICE RANGE SHOULD I BE SEARCHING IN?

In the Edmonton Area, we recommend searching at or below your maximum budget. In order to be competitive in multiple offer situations, you need to look comfortably below your maximum budget in order to have the ability to bid over the list price.

HOW QUICKLY SHOULD I SEE A HOME I AM INTERESTED IN?

We recommend reaching out to us immediately to learn a specific home’s showing instructions. Together we can decide on the most convenient time for all parties.

CAN I SEND YOU HOMES I FIND ONLINE?

Yes. Finding a home is a collaborative process. As one of my services to you, I set up alerts directly from the MLS. You can respond to those or send me links from your favourite home search sites.

WHO PAYS YOUR COMMISSION?

Sellers typically pay an agent’s commission.

HOW LONG DO WE HAVE TO INSPECT THE HOME & HAVE OUR FINANCING APPROVED?

A closing timeframe is typically 1-14 days from the date that an offer is accepted, depending upon if you are obtaining financing or paying cash. 10 days is the most common in our market.

WHAT ARE MY CLOSING COSTS GOING TO BE?

Closing costs vary according to your loan. For the most accurate estimate, contact your lender. In Alberta, the closing costs are usually property taxes and lawyer fees.

 


If you have questions or are ready to begin the first-time home buying process, just complete the form below, and a member of our team will be in touch shortly!

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