B U Y I N G Y O U R H O M E
The home buying process doesn’t have to be challenging when you have the Boschman team on your side. We’re here to help you through each and every step, all with our trademark no BS approach.
Get Pre-Qualified for a Mortgage
The first thing you need to know before you buy a house or condo in Winnipeg is how much your bank is willing to lend you. To pre-qualify for a mortgage, your lender will look at your income, your debts, your down-payment, and your credit history.
Develop Your Wish List
Determining everything you need and want in your home is critical. What are your must-haves, your nice-to-haves, and your no-way-absolutely-nots? Once you list those qualities, your Realtor will help you keep track of them and make sure your new home ticks all the boxes.
Pick Your Team
Buying a house or condo is one of the biggest purchases you’ll ever make - but don’t worry, you don’t need to do it alone. Pick a great Winnipeg Real Estate agent (ahem,ahem) whom you can trust to work exclusively for YOU.
Now that you’ve pre-qualified for a mortgage, listed your needs and wants, and picked a great Winnipeg Realtor to work with, it’s time to start looking at listings and homes. While Realtor.ca is a good place to start, your Real Estate agent will send you custom, cherry-picked listings that match your criteria. Now it’s just a matter of picking the right home!
Make an Offer
Congratulations! Your house hunting efforts have paid off and you’ve found the perfect home. The offer process is both exciting and nerve-wracking. We start by drafting the Agreement of Purchase and Sale, which is a legally binding document that contains everything from the price you are prepared to pay and the inclusions you want.
Provide Deposit and Meet Conditions
Conditions are requirements within the Agreement of Purchase and Sale that must be met for the deal to go through.
Close the Deal
You’re almost a Winnipeg homeowner! Closing is the point at which the ownership and possession of the property is transferred from the seller to you. It takes place after every legal and financial obligation has been met.
Buyers: Be Prepared for Closing Costs
Knowledge is power. It’s important to know what you might have to pay for so that you can make sure you work it into your budget ahead of time. Closing costs are one surprise you don’t want to have.