Menu

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.

REQUEST CHECKLIST

GET NOTIFIED ABOUT THE NEXT HOME BUYER SEMINAR

TESTIMONIALS

Jul 29th, 2021

Thank you Theepan for your invaluable advice and service. You helped us sell our home in a week’s time. From the day we met you till the day we signed off on the sale, your service was impeccable. We also appreciated how compassionate and understanding you were during this stressful period.  Thank you for being very responsive, and going beyond our expectations.

SSabesan Jeyarajasingam
Mar 29th, 2022

Prez was our realtor agent from Bespoke. A great guy , helped us buy an incredible house in less than 2 months in Scarborough, Toronto! He's got some great professional skills, calm and knowledgeable. Easily approachable and right away attended to our needs when in doubt or question. Overall my husband and I had an excellent experience working with Prez. Would love to work again in the future if possible 😁

DPDr Pai
Jan 28th, 2020

I have worked with Theepan and his team to find tenents for my propery and to also sell my house. There were some complications from my side but the Bespoke team handled everything in a very professional manner. This resulted in very little involvement from my side and prevented a lot of stress for me. The house was sold without any disruption to my daily life. I would definitely work with them again.

SSSumu Sathi
May 26th, 2020

Theepan made two house deals for our family. we are very pleased of their services, Trustworthy, accuracy, and suggestions. Specially pandemic time, whole selling process was making w/electronics. Thank you for your services and valuable time.

ARAminur Rahman
Jan 3rd, 2020

Where do we start, I first want to say THANK YOU to Theepan Balasubramaniam . From day one when were looking to sell our home he stepped in and walked us through the ropes. He made it easy and stress free when we were selling our house. When it was time to look for our new home I knew right away he was our guy!... He didnt rush us, he didnt pressure us, and he waiting till we were ready ! Our journey to looking at homes which we probably walked into over 30 homes and over the course of 5 months i know we worked him hard and he was always helpful and available. I thank you very much brother for helping us find our first home where me my wife and our baby are excited to start a new journey ! I know you will also help us find our dream home in the near future to come. We are truly happy to know you and to have worked with you ! To anyone looking to buy or sell or just looking around just have sit down coffee at his favourite place "Coffee Culture" im sure you will be amazed by his passion for helpng others! Thank you to the entire Bespoke team for helping my family navigate through this journey!

PSPak Selvarajah

Search

Selling Like a Pro

Smart Home Buying

Pre-Construction

About Bespoke

FEATURED CITIES

Toronto

Markham

Ajax

Pickering

Scarborough

 

Bespoke Real Estate Team

Office: (416) 321 - 0110

contact@bespokeRET.com

7595 Markham Road, Unit 19
Markham, Ontario L3S 0B6

 

  
Web4Realty
Real Estate Websites by Web4Realty | Agent Login

Terms of Use & Privacy

General Terms of Use

Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern this site’s owner’s relationship with you in relation to this website. If you disagree with any part of these terms and conditions, please do not use our website.

Terms of Use & Privacy

  • The content of the pages of this website is for your general information and use only. It is subject to change without notice.
  • Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
  • Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements.
  • This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions.
  • All trademarks reproduced in this website, which are not the property of, or licensed to the operator, are acknowledged on the website.
  • Unauthorized use of this website may give rise to a claim for damages and/or be a criminal offence.
  • From time to time, this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s). We have no responsibility for the content of the linked website(s).
  • Your use of this website and any dispute arising out of such use of the website is subject to the laws of Canada.

Terms of Use

  • This representation is based in whole or in part on data generated by the Real Estate Board/Website Administrator which assumes no responsibility for its accuracy. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
  • All MLS® data obtained from this Virtual Office Website ('VOW') is intended only for your personal, non-commercial use.
  • You have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered through this VOW.
  • You will not copy, redistribute, retransmit, or otherwise use any of the data or Listing Information provided, except in connection with your consideration of the purchase, sale, or lease of an individual property.
  • Real Estate Board/Website Administrator ownership of and the validity of Real Estate Board’s proprietary rights and copyright in the MLS® database, MLS® data, Real Estate Board's MLS® System, and Listing Information.
  • You will not, directly or indirectly, display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any Listing Information to another individual or entity. The prohibited uses expressly include ‘scraping’ (including ‘screen scraping’ and ‘database scraping’), ‘data mining’ or any other activity intended to collect, store, re-organize, summarize or manipulate any Listing Information or any related data.
  • The Terms of Use agreement also expressly authorizes Real Estate Board, and other Real Estate Board Members or their duly authorized representatives, to access the VOW for the purposes of verifying compliance with MLS® Rules and Policies (including the VOW Rules) and monitoring the display of Members’ Listings by the VOW.
  • Consent to the fact that your Personal Information, including first and last name, email address, and phone number may be collected, used or disclosed. The personal information may be shared with Real Estate Board for auditing and/or legal purposes.

Privacy

  • My website automatically gathers certain usage information like the numbers and frequency of visitors. This data helps me determine how many visitors use parts of the website, so I can improve my website to assure that it is as appealing as I can make it for as many of you as possible.
  • We use a technology called "cookies" that tells us how and when pages in our website are visited, and by how many people. These cookies do not collect personally identifiable information and we do not combine information collected through these cookies with other personally identifiable information to tell us who you are or even what your email address is.
  • We may provide statistical "ratings" information, never information about you personally, to our partners about how our clients and visitors, collectively. We do this so they too can understand how much people use their areas and our website in order for them to provide you with the best possible Web experience.
  • We will only transmit or ask for personal information over secure Internet connections, using SSL (Secure Sockets Layer) encryption, the currently accepted standard for online security, and security keys.
  • We may use your information to let you know of additional products and services which you might be interested. We may ask you for information about your interests so that both you and we can take advantage of the interactivity of the online medium, but you may always choose to respond or not, or opt out of future mailings.
  • We will not share your personal information to any third party, unless requested in response to legal processes, such as a court order or subpoena.
  • Whenever personal information about you is stored on our computers, that information is password-protected from unauthorized access or use. In addition, this information is kept on servers that are located behind a firewall.
  • This website may contain links to other websites. We are not responsible for the privacy practices or the content of such websites.
  • If we elect to change our privacy policy, you will be notified, and we will post those changes here so that you will always know what information we gather, how we might use that information and whether we will disclose it to anyone.