Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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Sunday, September 12, 2010

As a first time buyer what resources would you suggest for understand the buying process?

Q.... As a first time buyer what resources would you suggest for understand the buying process?

From Zoocasa ASK the Pros

A..... Robert Ede




First Time Buyer.



Understand who is working for you and who is working "off" you.



A new home sales rep is working for the builder (albeit if they are registered, they are obliged to furnish you a "duty of care" and disclosure at the "customer service level"



Go to at least 3 first time buyer free-normally workshops.



Go to at least 10 open houses and discuss your "quest" with each rep there.



Go to your bank and get pre-approved.



Hire a registrant.



Have the registrant set up a "Prospect Match" for you (auto MLS (tm) search that gives you daily updates.



Drive by all of them



Start looking at the best that appears.



Ask your friends for recommendations re: Lawyer, Home Inspector, Mortgage Broker.



If you don't find anything, raise your price point by 20% ... if the house of your dreams is readily available at that price ... make adjustments in area or "quantity" of must have characteristics.

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