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Home Buying - Step by Step
Buying a home is one of the biggest lifetime investments, both in terms of dollars and energy! That's why it is important for buyers to understand this process in order to make a wise decision. Calgary Home Team has developed a flowchart that identifies the major home buying steps:
- First, you should contact your real estate agent to determine your wants and needs such as your house style and requirements (size, bedrooms, amenities...), other factors to consider are work location, schools, shopping and public transit.
- Before you start any home search you should know how much you can afford, your real estate agent will direct you to mortgage professionals who can help you understand your financial options and get you pre-qualified.
- Then comes the fun part, looking for houses! Once you find the one you like, your agent will help you write an offer to purchase and present it to the seller. The seller has three options: 1. accept the offer, 2. reject it, or 3. counter it by changing the price, terms or both.
- When you receive the counter offer, you have the same three options that the seller has. At this stage It is very ... more

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