buyers

10 Steps to Smart Home Buying


Buying a home is no easy feat. Which is why we have decided to embark on providing our readers with as much useful information as possible. Arming yourself with knowledge of the real estate industry can not only save you a lot of money, but ease the burden and duration of the entire process. Below you will find a list of topics we are to cover over on our site. It is a table of contents of sorts to the book of information we plan to blog across this site.  Be sure to take a read, and more importantly, drop us a message if you have any further questions. Thank you.



STEP 1

THE TALK


Meet with us for a pre-buying consultation where we will get you prepared and knowledgeable about one of the biggest milestones you are about to take.  This will help you gain a better understanding so there are no hidden surprises.

  • What’s your motivation to buy?
  • Are you ready?
  • Buying with discipline vs. emotion

STEP 2

THE REALITY CHECK


We’ll go through with you if it’s the right time to buy – help you build your 5-year plan.


  • Understand market conditions. Is it a Buyer’s market?
  • What is the current interest rate?
  • Can you live in your current home for another 6-12 months?
  • What are the repercussions if you decide to wait

STEP 3

THE MONEY CRUNCHER


Now that we’ve determined your reasons for buying and that you ready to buy – let’s talk affordability.



  • What’s your budget?
  • Down payment
  • Do we need to get a pre-approval for a mortgage?
  • Mortgage
  • CMHC insurance
  • Closing costs
  • Laying out your monthly carrying costs
  • Home Insurance
  • Maintenance Fees (depending on type of property)
  • Property Taxes

STEP 4

THE NEEDS VS WANTS

Do your homework before you buy.  Here we breakdown what you need vs. what you want and fitting that into your budget that we just identified.


  • Differentiate between the types of home ownership
  • Do you need a condo or house?
  • Detached/Semi-Detached/Townhouse?
  • Have you considered the lifestyles between a condo and house
  • What is your bare minimum for the size of your home?

STEP 5

THE SPOT

Picking the ideal location is also a key part of the home buying triple constraint. We’ll help you find the right neighbourhood with the right schools.  Do you want a shorter commute to and from work?


  • Schools and ranks
  • Public transportation and accessibility
  • Amenities

STEP 6

THE HUNT


Now that we know what you want, where you want it and how much you can spend – let’s put all this to work.  Let us help you build your portfolio of ideal properties.

STEP 7

THE OFFER


Now that you’re in love, we have to move on to make that a lasting relationship.  It’s important that you don’t let your emotions get the best of you when making an offer. Real estate is an investment – fortunately, we are here to help you put together an Offer to Purchase and discuss all the details.


  • Comparative Market Analysis
  • Submitting Offers
  • Negotiating deals
  • Counter Offers

STEP 8

THE INSPECTION


What’s the first thing you do when you buy something? Make sure it’s in working order! It’s no different for home ownership. We’ll educate you on the importance of a home inspection and ensure we get an inspection done.


STEP 9

THE CLOSER

No, We haven’t switched the topic to baseball – we’re still on home buying.  It’s time to seal the deal.  This is where you meet the key player in closing the deal – the lawyer.


  • What’s entailed in the closing costs
  • Mortgage application fees
  • Legal fees
  • Title Insurance
  • Registration and more

STEP 10

THE MOVE


It’s finally here – D-Day! You move in to your new home.  Congratulations!


  • Call the movers
  • Address change and mail forwarding
  • Yard sale
  • Donate unwanted things
  • Utilities and more

CLOSING CHECKLIST

You've just snagged a great deal for your new home! It's exciting to move into your new home but there's still so much to do! We can help you organize the rest of your move.

GET NOTIFIED ABOUT THE NEXT HOME BUYER SEMINAR

TESTIMONIALS

Jan 13th, 2022

Majury was relentless in helping my partner and I secure our first home. She was a pleasure to work with and was very flexible in working with our availability. It was clear Majury and her team are very knowledgable and always look out for the best in their clients. I would highly recommend to anyone looking to purchase their future home or investment!

AVAjuthan Vijayasri
Feb 19th, 2022

We bought our first home and second home through Yathi Manimaran from Bespoke. We referred Yathi to our friends and family and as usual he didn't disappointed, rather went extra mile.

Yathi is a very patient, calm and very knowledgeable person in restate business. We bought our first house in January 2020 in Oshawa. Just before COVID , there was a lot of bidding war going on that time. He secured our preferred house. We bought our 2nd house in January 2022. There is so much bidding war everywhere now. But he was still able to find the property that we were looking for and won the bid for us.

Yathi is a superb negotiator and the most professional person I have ever seen in this field. He might be young but don't be fooled by his age though. He is a full time realtor. He was able to find our 1st house in 1 month and second house in 2 weeks. He always answered any questions or doubts I had during the process. He would always pick up my phone and answer my questions. Even if he missed my call he would always text me that when he will call back and always kept his promise.

Yathi also was able to secure a house for my family friend. He would not only show you the property but will also do the related research in terms of his client's preference (school, day care, nearby amenities, Safe environment, residential/ investment property, rental income opportunity in laws unit, cashflow analysis etc.).

Yathi knows how to find the appropriate property to meet his clients needs and expectations. The 1st house that he secured for us in 2020 was $590K and now its $1.2m after just 1 year. Even the 2nd house (4 plex) he secured the deal less than 30K what we budgeted for originally beating other 48 bidders. The house he helped to secure for my family friend was for $625K but within 1 month a house opposite to my friend's was sold for $750K in Oshawa in 2021.

If anyone wants to buy there 1st home or investment property or commercial property, he is the perfect person someone can rely upon for sure. I will keep referring him to everyone in my friends and family cycle cause he is the best:). Thanks to the bespoke team to have such a talented person in their team. I wish them all the best😊

TTouhida
Mar 16th, 2022

I had the pleasure of working with Theepan when I purchased my first investment property. Theepan is extremely easy to work with and is knowledgeable - he had provided me with all the support and tools needed to navigate the process. He is also very attentive, patient, and responsive. From the initial interaction to even after the purchase of the property, he has continued to guide me throughout the process. I would highly recommend Theepan!

NNiru
Jan 13th, 2022

Maj and Navi have been so helpful in the process to find a home. Maj made the process so much smoother and it was comforting to know I could contact her at any time with my questions. She was very honest and welcoming. If you're looking to buy or lease a home, definitely reach out to them! You won't be disappointed.

NKNiguraa Kalaignanan
Jan 12th, 2022

Majorie is a fantastic committed professional. She listens to your wants and needs ensuring to find the right fit. Excellent communicator that goes above and beyond to fulfill client requests. She makes you feel valued and appreciates your busness. Majorie's collaborative style and great work relationship with colleagues aids in making your home search a positive and rewarding one.

YBYvette Blackburn Blackburn