THE STEPS OF BUYING A PROPERTY

Whether it's your family home or a real estate investment, buying a property is a complex operation that requires careful consideration. To successfully complete this project, it's in your best interest to be accompanied by a professional: the real estate broker. With their knowledge, they will guide you through all the steps required to purchase a home. They act as an objective guide who can help you structure your project and think about the important questions that will arise at each stage. In addition, since they are subject to the Real Estate Brokerage Act, strict rules and a code of ethics, the protections they offer you will help you avoid potential problems .

Choosing your real estate broker

Choose a real estate broker who will meet your needs. Don't hesitate to meet with a few to compare their service offerings . It may be advisable to develop a business relationship with a broker who is familiar with the area where you have chosen to live. To find your broker, consult the Quebec real estate broker directory .

Assess your needs

House, condo, loft, studio: what type of property suits you best and in what area? New or to renovate? How many bedrooms? How many bathrooms? Small or large lot? Reviewing these essential questions with your broker will help you determine the essential elements to successfully complete your project. This step is important because it then allows you to properly evaluate the financial aspect of your project.

Determine your budget

Your real estate broker can help you make an initial assessment of your budget, particularly to determine whether it is in line with your objectives and the state of the market . He or she will then encourage you to begin the process of obtaining a pre-authorized loan from your banking institution. This crucial step speeds up the purchasing process and gives you credibility with sellers . You are then ready to begin viewing properties.

Property search

Go looking for your future property, well accompanied. If you can explore the largest selection of properties for sale and for rent in Quebec on our site by yourself, the real estate broker has the expertise to allow you to buy your house at the right price. To help you, he uses the Centris® computerized system, a highly efficient tool that allows you to sort through all the houses offered on the market by real estate brokers. Your broker is able to present you with a relevant and varied selection of properties that perfectly match your selection criteria . You are then ready to move on to the next step: selecting the properties to visit. The broker will help you identify the advantages and disadvantages of each of the houses or condos that you will visit.

Ready to make an offer to purchase?

The real estate broker helps you prepare your purchase offer . He then supports you and acts as a negotiator. Once your purchase offer is accepted, he informs you of the steps to follow for the rest of the purchase process: choosing a certified building inspector or a soil analysis specialist, if necessary, finalizing the financing, etc. If you sell your property at the same time, he also makes sure to coordinate the transfer of titles at the notary.

The purchasing process made easy

From the purchase offer, to the negotiation, to the choice of a notary and a qualified inspector, to the signing of the deed of sale, buying a property remains a complex process. The broker is a valuable ally to carry out your project, thanks to his knowledge, his network and his experience. For many buyers , simplifying the purchasing steps is a service that has a lot of value .

SOURCE: https://www.centris.ca/fr/achat/etapes-achat-propriete