Let’s Start Buying
To get our help, simply fill out this form today.
How We Can Help
Here are a few things you’ll need to know in order to be best prepared so we can hit the ground running in finding you a fantastic home:
Because you need to know how much you will qualify for as discussed with and approved by a lending institution. Once this is secured, we’ll be able to start the process that will help you find the home that best fits your needs and criteria.
Let’s determine what is on your wish list for your home purchase! We can streamline the search process for you so that it’s most efficient — showing you the exact properties you’ll want to see.
Search & Discover
As we show you the homes that meet your needs, we’ll take you through them to highlight the positives and negatives and find the one that steals your heart.
Making An Offer
Our expertise in every market has helped us craft better offers that move sellers and help leverage your position as the ideal buyer to find the best home on the best possible terms.
Negotiating & Closing
Now it’s time to hash out the details! We’ll assist you all along the way, explaining things and educating you on the process while advocating on your behalf.
You’ve purchased your new home. We’ll also be here to refer you to professionals, so your new house feels like home right away.
Helpful Concepts & Terms
In order to help you make the best purchase possible, we want to introduce you to some familiar concepts you’ll encounter on your buying journey:
Land Transfer Tax
Calculated based on the amount of your purchase price, all homes have a provincial land transfer tax. In Toronto, there is both a provincial and municipal land transfer tax.
All buyers must retain a lawyer to handle the closing agreement for the purchase as well as the transfer of funds from your lender.
If your down payment is less than 20%, you will need to take out mortgage insurance. The tax on this amount must be paid upon closing.
You may or may not decide to have a home inspection on a property before the purchase (or as part of the conditional period). The cost to do so will range between $300-500; however, it’s a small price to pay for your peace of mind.
This could include things like moving expenses, cleaning services, and trades such as painters or other contractors. We like to advise people to account for about 2% of the purchase price as an average to budget for the closing costs.
Where there is little competition for available properties, or when a market is oversaturated, you can make an offer that’s conditional on terms you set. Typical conditions could be “subject to a home inspection” or “subject to you obtaining financing approval.”
In a heated market where there are more buyers than homes available, it’s not uncommon for a buyer to be competing with others, generating a multiple offer scenario. In this case, a buyer may choose to forgo having any conditions in the agreement.
You’ll want to ensure that you have any deposit amount ready and accessible as it’s required within 24 hours of an accepted agreement. The deposit amount will vary based on the purchase price, and it’s applied to the balance of your down-payment.
Our Goal Is To Help You
The benefit of having us help you is that you’re not paying the commission that we earn on your purchase. This is typically paid by the seller to the listing brokerage for the service. Bonus, right? You have nothing to lose and everything to gain with our expertise.
Helping First-Time Buyers
When you’re buying for the first time, it’s likely the biggest purchase you have ever made in your life. That’s why we’ll take the time to explain all the details, from understanding the purchase agreement to details on market activity in your desired neighbourhood and the entire process from when your offer is placed to the day you pick up your keys.
There are also various government incentives that are offered for first-time buyers to help make the dream of homeownership easier on your wallet:
Rebates of up to $4000 on the Provincial Land Transfer Tax and up to $4475 on the Municipal Land Transfer tax when purchasing in Toronto.
You can withdraw up to $35,000 from your RRSP (Registered Retirement Savings Plan) to purchase your home and take up to 15 years to pay it back tax-free.
You might be eligible for a 15% income tax credit on costs associated with the purchase of your home, up to a maximum of $5000 of home purchase costs (i.e. land transfer tax, lawyer’s fees), meaning you’ll receive up to $750 back.