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Buying
a home is an important lifestyle and investment
decision. You want to buy at the best price
possible. You want your monthly payments
to be as affordable as possible. You want
your home to increase in value as much as
possible. To achieve all this you have to
look at larger market conditions - house
price trends, mortgage rate movements, new
home construction. All this will influence
your purchase. Let me help you with
the entire buying process. I assure you
I will do everything I can to make the experience
fun and enjoyable.
Whether you are looking for a home in Toronto,
Mississauga, Oakville, Burlington or Milton,
call me and I will discover and address
all your needs, wants expectations and concerns.
Having a Buyer Agent help you find a home
and represent your best interests, during
the negotiating process doesn't cost you
anything, and will save you time, money
and energy.
Call me for a Complimentary Home Buyer's
Kit at 905-828-1122.
"We
recently relocated from Connecticut
to Toronto with our five year old
daughter. Finding a house
in a new city from a distance is
particularly challenging, but Peli
made it easy. She worked
tirelessly to understand what we
were looking for and then helped
find the neighborhood and house
that was just right for our family. Using
her extensive knowledge of the
city, she provided answers to all
our questions and even came with
us when we looking for the right
school for our daughter. Peli
repeatedly went above and beyond
and our daughter loved her. We
give her the highest possible recommendation. "
Sarah
Graves and Dr. Tony George. Toronto |
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First
Get Pre-Qualified
With
pre-qualification, you can determine
which loan program best fits your
need and which programs you qualify
for.
You
will know exactly how much you are
qualified for. It’s no fun to
find your ideal home and then realize
that you can’t afford it.
Your
monthly payment will be set. This
will allow you to budget your money,
before making this large investment.
It
shows you what the down payment and
closing costs will be.
If
you are a first time buyer, you may
be able to qualify for a special first-time
buyer program which may allow you
to afford more money for your home.
Determine
what you can afford
- Purchasing
a home involves one-time costs and
monthly expenses.
- The
largest one-time cost is the down
payment. It usually represents between
5-25% of the total price of the
property.
-
In addition to the actual purchase
price, there are a number of other
expenses that you might be expected
to pay for. These are listed below:
Typical
One-Time Expenses:
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EXPENSE
Mortgage
Application and Appraisal Fee
Appraisal
Fee At inspection
Property
Inspection (optional)
Legal
Fees
Legal
Disbursements
Deed
and/or mortgage registration
Property
Survey (sometimes provided by
seller)
Land
Transfer, Deed Tax or Property
Purchase Tax (in Quebec within
3 months following signing)
Mortgage
Interest Adjustment and Take
Over Fee (if applicable)
Adjustments
for Fuel, Taxes, etc.
Mortgage
Insurance (and application fee
if applicable)
Home
and Property Insurance
Connection
charges for utilities such as
gas, water and electricity
Moving
Expenses
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PAID
At
time of application
At
inspection
Closing
Closing
Closing
Closing
Closing
Closing
Closing
Closing
Closing
Closing and on-going
Date
of move
Date
of move
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Other
costs may include landscaping, redecorating,
furnishings, appliances and repairs.
Typical
monthly costs incurred with home ownership
are mortgage payments, maintenance,
insurance, condo fees, property taxes
and utilities.
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Peli
Remedios
Sales Representative
Royal LePage Real Estate Services Ltd.
5055 Plantation Place
Mississauga ON L5M 6J3
905-828-1122
Toll Free: 1-888-828-0422
Fax: 905-828-7925
Email:
peli@royallepage.ca
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