Buying with Team Martin

BUYING

The process of buying a home fills the average buyer with excitement, uncertainty and some fear. This is understandable when you consider that purchasing property is one of the biggest financial decisions you will make during your lifetime.

However, hunting and buying a home can also be a fun, stressless and educational experience if you have the right guide! It would be our pleasure to be your guide to finding the right property.

DON’T WORRY ABOUT THE DETAILS

Let us take care of them for you. Our advice is based on an intimate knowledge of the local housing market and you can count on our commitment to serving you with integrity and competence.

SUCCESSFUL & STRESS FREE

Whether you are a first-time home buyer or a savvy investor, we will ensure the transaction is completed competently and professionally.

We are happy to discuss how we can make the home buying process enjoyable, stress- free and a successful experience!

MORTGAGE: GETTING A PRE-APPROVAL

Before you start your house hunting process, there’s one essential step to save you time and make it a lot smoother: get pre-approved for a mortgage today.

Most Canadians think the first step in the home-buying process is to contact a realtor and start looking at homes. This isn’t correct. The first thing you should do is apply for a mortgage pre-approval. After all, if you find a home you like, you’ll want to move quickly. Being pre-approved for a mortgage removes an extra step in the process and allows you to be more efficient with your time with your home search.

Being pre-approved also helps you know how much you can afford to spend and allows you to shop and write offers with confidence.

HOME SEARCH

Once you have been pre-approved for a mortgage, you need to ask yourself two important questions: 1) Where do I want to live? 2) What type of home do I want?

Once we determine your needs and wants, we can begin to look at homes that match your criteria. Flushing out a needs versus wants list is a worthwhile process to refine your home search. We can assist in helping you determine this based on our knowledge of the local markets and our past experience helping other buyers find the right place to call home.

minute bY Minute access

Once we know what you are looking for we can create custom searches for you through the Matrix Listings Portal, which provides you with up-to-date, minute-by-minute access to existing homes for sale, new listings, price reductions – all directly to your inbox based on your requirements.

OUR Sphere of influence

As longtime established REALTORS in the Okanagan, we also have other tools available to us to help you find your next home: 1) Private Sales, 2) Networking with other agents, 3) Social Media, and 4) Sphere of influence are just some of the other tools available to us in order to find you the right property.

OFFERS: THE PROCESS

Once you’ve found the right home, it is time to submit an offer to the seller! Writing an attractive offer – but also one that protects you and your interests – is vital. As experienced contractor writers and negotiators, we are here to get you the best possible outcome. Once the offer is accepted, we will then be able to conduct our due diligence on the property based on the offer’s terms & conditions, which typically includes clauses like: Financing, Home Inspection, Insurance, Title Search, etc. We will help you research all the relevant items and information to ensure there aren’t any issues that will affect the use or value of your potential purchase. We will also assist you in making the necessary arrangements and make sure that the entire process runs smoothly and on schedule.

COMPLETION OF THE SALE

Once the conditions to the contract have been removed and the deposit is collected, that’s when the “Sold” sign goes up. At this point the paperwork work is forwarded to each party’s lawyer to assist in the completion of the sale, which is when money and title change hands between the buyer and seller.

TEAMWORK

When you work with Team Martin to help you find and buy a home, you get the benefit of working with our team of reputable industry professionals to ensure the purchase goes smoothly and that it’s the right property for you. From lawyers & notaries to home inspectors and mortgage brokers – we can put you in touch with trusted people who eat, breathe and sleep real estate like we do!

6 MISTAKES BUYERS MAKE

There are six common mistakes home buyers make especially when buying their first home or condo. These common home buying mistakes are:

  1. Not getting pre-approved for a mortgage.
  2. Not shopping around for the best mortgage.
  3. Not getting a home professionally inspected.
  4. Not using a professional licensed REALTOR®.
  5. Buying before selling your old home.
  6. Not knowing the full cost of buying a home.

FIRST TIME BUYERS – STOP RENTING!

There are many reasons why you should consider jumping into the real estate market and buying a home. Below is a list of 9 reasons why you should seriously consider it.

Why contribute to someone’s mortgage payments when you could be paying off your own?

You don’t have to worry about your house being sold out from under you to out-of-province investors.

The price of real estate continues to increase every year. Therefore, purchasing real estate is one of the safest long-term investments a person can make.

Right now we have some great interest rates which will help you get your foot on the first rung of home ownership. It is a great time to get into the market and lock into a really good interest rate and build equity.

One of the biggest reasons people buy properties is the pride of saying they own something.

If you own your own house, you don’t ever have to worry about the owners checking up on you since you are the owner!

One of the best things about owning a home is that you are building equity, which gives you more freedom financially as you can access a home equity loan.

You are free to do what you want in your own home, whether you want to paint the walls in pink and black zebra or put carpet on the ceiling (not recommended of course!)

Owning a house gives you a feeling of belonging in that neighborhood, along with a sense of putting down roots and getting established.