Aurora Ontario Real Estate - Finding Your New Home

A relationship with a full-time professional residential Realtor® is your best way to find that ideal new home. Your agent can educate you in the home buying process, and locate all suitable properties through thr MLS system, regularly monitoring the marketplace for new properties and notifying you immediately via telephone, fax or email. Your agent will make arrangements to view selected properties, and help you determine if you have found the right home by providing you with a CMA (Comparable Market Analysis) for the property.

Additional services provided by your Realtor® should include:

a thorough knowledge of neighborhoods, schools, and community facilities
provide professional financing guidance and arranging mortgage pre-approval
informing you about the standard expenses associated with a home purchase
disclosing any known material facts about properties viewed
helping you successfully understand and navigate the offer process, ensuring that the offer is professionally prepared and promptly presented to the seller for consideration
providing you with information on the availability of related services such as appraisals, home inspections, lawyers, surveyors, contractors, painters, etc.
coordinating all of the details to ensure a smooth transaction

The Offer

When you have found the right property, your Realtor® will draft your offer, the major components of which include:

Price - Depending on market conditions, your opinion of value and market information provided by your Realtor®, the price you offer may differ from the seller's asking price.
Deposit - The deposit demonstrates your good faith and is applied against the purchase of the home upon closing. Your Realtor® can advise you on the appropriate amount.
Terms - These include the price offered and any financing details.
Conditions - Typical conditions include "subject to home inspection", "subject to securing financing", and "subject to the sale of a buyer's property".
Inclusions and Exclusions - These might include appliances, window coverings, and light fixtures.
Closing and Possession Date - Generally, the day the title of the property is legally transferred and the transaction of funds finalized.

Your Offer to Purchase will be presented as soon as possible. The seller may accept the offer, reject it, or submit a counter-offer. The counter-offer may be in reference to the price, the closing date, or any number of variables. Offers can go back and forth until both parties have agreed, or one of the parties decides to end negotiations.