Our Home Buying Process
1. Consultation for Home Buyers
Are you buying a house in Regina or the surrounding area? You may want to jump right in and scheduling viewings. However, prior to starting the physical home search, I ask that buyers meet with me for a “buyer consult session.” During this meeting, I explain what to expect at every step while home buying. We discuss the criteria of your dream home, what defects are important to look for when viewing homes and everything else from the home inspection, to negotiations and how to choose your real estate lawyer.
2. Mortgage Pre-Approval
Home buyers should get pre-approved first so that they know exactly how much house they can afford. If you don't have a pre-approval, when you find the perfect home you could become disappointed to learn that someone else bought it while you were waiting for your pre-approval or to learn that you were looking outside your affordability. Even if you’re certain you qualify, getting a pre-approval from a Regina mortgage broker can streamline the process and make sure there are no disappointing surprises. It also makes the mortgage approval process much faster and less stressful for you!
3. View Listings
Once we’ve had our “buyer consult” and you’ve received your pre-approval, we can start looking at homes seriously. I encourage buyers to use any of the available platforms when looking for Regina MLS listings. Some of the main platforms are Realtor.ca or Point2Homes but right here at KelseySmith.ca is a wonderful place to start your search. As your Regina real estate agent, I will also search for and send you listings that meet your needs. Once we have a handful of possibilities picked out, I will schedule the viewings on your behalf and we will go house hunting together.
4. Making An Offer
When you’re ready to make an offer, I will explain to you the terms and conditions and legalities of the contract. Most importantly, I perform a comparative market analysis on the property to ensure you pay no more than fair market value and ideally a little less than that! I will help you formulate a strong offer that has the most likeness to be accepted by the sellers. Remember that using a buyer's agent is a free service to you as a home buyer. The commissions for a buyers agent are paid for by the seller.