Ted McShane - REMAX Quality Real Estate - Sussex New Brunswick Real EstateRemaxWhat is My Home Worth? Mortgage, Affordability, Land Transfer Tax, Pay off Your Mortgage Faster Calculators

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The Home Buying Process

  1. Can You Get a Mortgage?
    Find out if you can get financing for a home - ie: get pre-approved. Visit a bank or call a mortgage broker. Shop around for interest rates and don’t be afraid to ask for lower interest rates. They are usually negotiable if you have good credit and proper debt ratios.
  2. Hire a Realtor.
    Utilize a realtor to do the work for you! Why? We are trained and experienced in buying homes. It costs you nothing to use the full services of a real estate agent to purchase a home. Why wouldn’t you utilize this amazing no cost service? We will make the whole process worry free.
  3. What Should You Buy?
    Decide how much you want to spend, what you need in a home and the area you want to purchase your home.
  4. Look at Homes for Sale
    View homes you are interested in. It is a common misconception that you must call the realtor whose name is on the listing to see the home. In fact, you can deal with any realtor you wish, we all sell everyone’s listings. See “About Realtors”. Homes that are listed for sale with real estate companies can only be seen in two ways: at an open house or by appointment with a licensed real estate agent.
  5. Write an Offer.
    When you see a home you like, your realtor will write up an offer to purchase that home, negotiate the deal on your behalf, and help you with every step.
  6. Move Into Your New Home!

Home buying can be easy and painless if you use a licensed real estate agent.

Ask Mr. Realtor!

Recent Questions & Answers
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May 6, 2011

A conditional offer is an offer to purchase a property which has a clause that requires the buyer to sell another property before they can purchase this one.  These can be quite confusing with many details so ask your realtor to fully explain how conditional offers work.

Apr 26, 2011

If you just need to upgrade the electrical panel to 200 amps, about $1200 should cover it.  However, if you also have to upgrade the entrance to the house, you would be looking at quite a bit more cost. 

Apr 15, 2011

The most important thing about an exclusive listing is that it can't be found on MLS.  It is a listing through one company and has to be sold through that company.  It can be advertised in newspapers, personal websites, etc. but won't be found on the largest website of all-MLS.  Since over 80% of homes for sale are found on MLS, it's not a good idea for sellers to list exclusively because your listing won't be seen by nearly as many potential buyers.

Sep 14, 2010

If you built a home today, your septic tank will likely be concrete with a field.  If build properly, they can be zero maintenance and may not ever have to be pumped out.  In the past, you could put any type of septic tank in including:  steel tanks, fiberglass tanks, pressure treated wood, or even just a barrel in the ground with a pipe going into a ditch instead of a proper drainage field.  Contact the Dept. of Health regarding new construction septic systems. 

 

Sep 10, 2010

This depends on the realtor who lists your home.  The most important advertising is on MLS (multiple listing service) which is where most buyers look for homes.  Most buyers look for homes on the internet these days.  There are many other websites used to advertise homes for sale as well such as:  the company's website, personal websites, Kijiji, etc.  However, many properties are still advertised in local newspapers, real estate guides, etc.  When interviewing realtors, ask them how they will advertise your home for sale.

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