How To Buy A Home

The real estate market still has a pulse. And with such low-interest rates, it’s quite a strong one.

So, how are homebuyers buying-now? You’re starting to think about becoming a homeowner in 2022 and you likely have lots of questions about how to buy a home in Vaughan, from “How do you buy a home?” to specific queries around financing, home type and location, to how to make and negotiate an offer. To help simplify what can be a complicated process, we’ve outlined how to buy a home in 5 steps.

Here are some tips to set your sighs back on that dream home.

✅ Consult with your Lino Arci Team Agent

A home is a huge investment, so work with a realtor that’s knowledgeable, professional and responsive. Treat your search for the right agent like a job interview. You can now have a meeting over Zoom with a few different agents, ask lots of questions, check references, and check reviews!

✅ Organize Your Finances

As you already know, buying a home is going to be expensive. Knowing exactly how much it will cost and how much you can spend is a crucial step in making a wise investment. Consider your lifestyle, your income and any current debts you’re carrying. Are you secure in your employment? Are you planning any major life changes in the near future, such as a job change or growing your family? Be mindful of the financial impacts this could have.

Organize your finances to determine a budget and get pre-qualified or pre-approved.

✅ Virtualize The Homebuying Process

Virtualize the home buying process with digital tours and video conferences.

The Lino Arci Team has adapted to allow our buyers and sellers that need to buy or sell in spite of the current situation. Virtual showings, virtual tours, and virtual open houses are all options for those that are seriously interested in a home. Does this sound strange? Buying a home that you possibly viewed online? It isn’t all that unique as we have helped many clients buy homes this way for years. We have been the eyes and ears for our clients many times. We are committed to finding solutions to whatever challenges that we are experiencing to get our clients results.

Here is how the Virtual Homebuying Process works:

• 1. Virtual Appointment

We will schedule a virtual appointment on Zoom to do our buyer consultation focusing on your needs and goals. The ideal consultation will allow us to get a clear picture of your dream home, discuss the process and explain our proven process. 

• 2. Home Suggestions

Together we will select homes that match your criteria for your review.  We will select the homes that you are interested in seeing.

• 3. Virtual Tours

We can do a tour of the best-fit homes either with a virtual showing or a recorded video depending on your needs. If possible, a virtual showing is ideal so you can ask questions about the home.  We can provide tours on all homes that you are interested in too.  See virtual tours on our listings.

• 4. Electronic Offer

We will prepare the offer for you so that you will be able to sign all the documents electronically in the comfort of your home. We can do a Zoom video to review with you too. 

• 5. Earnest Money Deposit

You can either wire your earnest money deposit or we can also pick up your cheque without contact!

• 6. Inspection 

The inspector will perform the inspection with a report of detailed photos and descriptions for your review.

• 7. Closing Day

The walkthrough will be performed with proper social distancing. You can close with a mobile notary at your home if preferred. 

Your goals and safety matters to us. We know how to handle a virtual showing.

✅ Invest

Invest in safety supplies (booties, masks, hand sanitizer) for individual home showings.

✅ Our Buy Back Guarantee

The last thing you want is to purchase a piece of property, only to find that you’re less-than-thrilled with it afterwards.

That’s why we offer our Buy Back Guarantee (also known as our Love It or Leave It Guarantee). If you’re not over the moon about a home you’ve bought with us, we’ll buy it back with a cash offer (so long as your purchase happened within the last year). Alternatively, we can help you sell it, free of charge.

---

We hope this home buying checklist helps. If you still have questions about how to buy a home, or you’re ready to start the process, tap into the knowledge and experience of a Lino Arci Team Agent, who will guide you through the process every step of the way!

---