Buying services

The secret to getting ahead, is getting started!

What We Do

Planning to buy is an exciting decision and Main Street Realty Ltd. is your perfect partner in your home search and purchase process. Main Street Realty Ltd. real estate professionals empower their clients to make the most educated, well-planned real estate decisions, navigating their clients through the entire process. Through their expert market knowledge, cutting edge market trends and unmatched online support, our buyers receive the comprehensive support and guidance from start to finish.

ANALYSIS

Discuss and analyze your wants and needs against your budget and educate you about the current market conditions

GUIDANCE

Guide you to homes that fit your criteria and coordinate the work of other professionals you’ll need during the process

NEGOTIATE

Negotiate with the seller on your behalf Make sure all the required paperwork is fully completed, accurate and that deadlines are met

SUPPORT

Work with you to resolve any challenges that may arise throughout the entire process

Useful Resources

RRSP Buyer's Plan

Buyer's Checklist

Buyer representation agreements

Mortgage Calculator

The Buying Process

Finding your ideal home doesn't usually happen in one or two days: finding a perfect home for you and your family takes time, and working with skilled professionals will ensure the buying process happens smoothly and efficiently. As a general guide, we have outlined below the main steps you should take when buying a home from an initial consult with a Main Street Realty Ltd. REALTOR® right to closing day.

10 Steps to buy

So you've decided to buy. Make sure you know the difference between freehold (it’s all yours), condo (you take care of the inside and pay fees to an association to look after the common areas and maintenance) and co-op (similar to condos but instead of “owning” your unit, you buy shares in the whole building and pay maintenance and repair fees)

Your REALTOR® can assist you by answering many (if not all) of your questions and provide guidance and advice throughout the entire real estate buying process. Start by finding a Medicine Hat areaREALTOR® through our Find a REALTOR® search tool. Remember to spend enough time researching, interviewing and comparing services prior to selecting the right agent for the job. It’s important that you feel comfortable and confident with the agent you select.

The first obstacle is figuring out what kind of home you are looking for. Everyone has specific needs that have to be met when it comes to purchasing their next home, and everyone also has "perfect world" wants – things that aren't "deal breakers", but are "nice to haves". Start by writing down your needs and wants in separate columns so you can see clearly what your requirements are in a home..

It's important that both you and your REALTOR® understand your timeline for buying a home. Are you relocating for work and need to buy a home quickly? Perhaps you would like to move over the summer and be settled by the fall so as not to interrupt your child's school schedule. Or perhaps you have no specific external constraints on your timeline, and can be more flexible. By understanding your timeline, you and your REALTOR® will work together more efficiently.

There is no point in viewing homes that are out of your price range. To determine what you really can afford, a mortgage pre-approval is generally recommended. A Mortgage Specialist can determine your "home purchasing range" and determine the best mortgage rates. This is also important when it comes to making offers on homes: if you've already been pre-approved for the price you're offering, the seller will know you're a serious buyer.

Now for the fun – start searching for your next potential home! You can start searching through all the Medicine Hat MLS® System Real Estate Listings here. Alternatively, your Medicine Hat area REALTOR® may provide direct access to listings on their personal website or set you up with Real Time Listing notifications directly to your e-mail. Once you have chosen some homes for viewing, your REALTOR® will be able to book the appointments and showcase the benefits of each homes potentia

Once you find the right home and make the decision to purchase it, you’ll want to move quickly. Your Medicine Hat area REALTOR® will work with you to write an offer that matches your terms and ensures that all the conditions you require are included.

Most people list their homes expecting to negotiate. Knowing a property’s selling time on the market and neighbourhood prices is valuable when negotiating. Your Medicine Hat area REALTOR® can assist you through the entire buyer experience making sure you have all the information at hand to make the right decisions so you get the best purchase price for your home.

Once your offer is accepted and all conditions have been met, the offer becomes binding on both sides. Before signing, always make sure you understand and agree with all terms of the offer. Before the property can formally change hands, there are still a few things to do. Your team of professionals including your REALTOR®, Mortgage Broker, and Lawyer will be able to walk you through the steps required to be prepared for possession day.

You were successful and have drafted a legally binding agreement. Are you done? Not quite yet. Contact your lawyer or notary public, contact your lending institution and consult your REALTOR®. Immediately start satisfying any conditions of the agreement that require action on your part. On closing day, your lawyer or notary public will finalize all the details and give you a cheque for the net proceeds.

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Call us

Newmarket-905-853-5550
Stouffville-905-642-5553
Uxbridge-905-852-2424
Keswick-905-476-0111
Midland-877-543-5550

FIND us

150 Main Street S, Newmarket ON L3Y 3Z1
6568 Main St Stouffville ,Ont L4A 7W8
11 Main St N. Uxbridge, Ont L9P 1J7
21 Metro Road S., Keswick L4P 1V7
595 Aberdeen Blvd., Midland ON L4R 5N9

MAIL us

info@mainstreetrealtyltd.com