Find Your Dream Home

Buying

Greg’s Timeline to Possession

As your real estate agent, I will guide you through the process of purchasing your new home step by step. First, we will start by looking at available properties that match your criteria. Once we find a home that you love, we will make an offer to the seller. If the offer is accepted, we will move onto the conditional sale of the home. This is where we will ensure that all necessary inspections, appraisals, and financing are in order before finalizing the sale. Once all conditions are met, the sale will be considered final, and the home will be officially yours! Throughout the process, we will also discuss any associated costs, such as closing costs, to ensure that you are fully informed. With my guidance and expertise, you can purchase your new home easily and confidently.

Step 1

Start Looking

Obtain pre-approved financing at your financial institution
Arrange deposit/down-payment for buying your home
I will provide you with MLS listings

Remember: I can show you any house, anytime, that is anywhere! Even if a home is listed with another agent OR company, I can show it to you.

Step 2

Make an offer

Writing up an offer containing conditions to protect you and address all of your concerns and needs
I will assist you in how much to offer and I will negotiate on your behalf to get the best deal possible
Conditions – I will ensure any conditions are met
Deposit is in place
Possession date

Step 3

Conditional Sale

Get mortgage approved/ financing in place
Inspections and removal of conditions
PCDS – The PCDS is a form completed by the seller, disclosing any known defects
I’m here for you! I will look after all of these details on your behalf. It’s my responsibility to make this as smooth as possible for you.

Step 4

Sold

Meet with your lawyer to sign papers
Meet with your mortgage broker to sign papers
Arrange utility hook up
Arrange movers
Take possession of your new home!

Costs To Consider

What costs should I be aware of before purchasing my dream home? I have included a list of fees that you typically encounter when purchasing a home. Please keep in mind that these are approximate values meant to give you an outline.

Deposit

The amount required when you write an offer (typically $5,000 – $10,000)

Down Payment

Total cash required depending on mortgage amount

Inspection Fee

These are optional and at your discretion (typically $500)

Legal Fees

Title/mortgage registrations and lawyer fees (typically $1,000- $3,000)

Appraisal/CMHC

Appraisal/ Mortgage is (typically $400)

Commissions

As a buyer, you pay zero commissions. The seller pays all commissions.

Insurance

You are required to have insurance in place prior to possession. Depending upon policy (typically $600 – $1,500)

Utilities

Installation, connection and deposit fees for: SaskTel, SaskEnergy, SaskPower, City of Saskatoon, Shaw Cable, etc.

Condo Fees

You are responsible for Condo Fees starting the month you take possession.

GST

There may be GST applicable on newly constructed homes, land, or commercial real estate.