Buying a Home – Simple Steps
The Home Buying Process — Step by Step
1. Meet With a Real Estate Professional
We’ll sit down and talk through what you’re looking for — your ideal home style, price range, and location preferences. As a buyer, you typically won’t pay real estate commission; the seller covers it.
2. Get Pre-Approved
Gather your financial documents (T4s, pay stubs, and bank statements) and get pre-approved by a lender. This step helps define your price range and strengthens your position when making an offer.
3. Search for Homes
This is the exciting part. We’ll set up property showings and help you explore different neighborhoods and home styles. Our website, buyalbertahomes.ca, offers powerful search tools to make sure you never miss an opportunity.
4. Make an Offer
When you find the right home, we’ll prepare and present the offer based on your price and terms.
5. Negotiation and Contract
Offers often involve negotiation. We’ll work closely with you to fine-tune the terms and conditions and make sure everything is clear. The contract will also include timelines for financing and inspections.
6. Under Contract
Once both you and the seller agree on price and conditions, the home is held for you until closing.
7. Final Details
This stage involves inspections, finalizing your mortgage approval, and reviewing all documentation. We’ll be by your side, managing the process and making sure everything moves forward smoothly.
8. Closing
At closing, ownership is officially transferred. Funds are exchanged, documents are signed, and a title company or lawyer will oversee the transaction as a neutral party. Congratulations — you now own your new home!
