HOW TO BUY A HOME WHEN RELOCATING
Trust the Local Experts
Amit Sodhi has extensive traning with Boulevard (BLVD) Real Estate Agency and their expertise with the local area, Amit is well equipped to assist you throughout your home-buying process. He maintains an extensive list of DND-approved contacts for lawyers and home inspectors. This service is designed to make your home-buying, or selling, process as smooth as possible.
When helping you relocate to a new home, Amit Sodhi will make sure that your top priorities are taken into consideration. For families, nearby schools and other neighborhood features are particularly important. Amit is happy to provide a list of options that can be tailored to your desired price range. He has years of experience dealing with inspections, negotiations, and closings.
Amit Sodhi - Your Sales Representative Knows Your Community
Your Local Real Estate Experts
Boulevard (BLVD) Real Estate Agency real estate brokers live and work in the communities of buyers and sellers they represent. As a result, real estate brokers know area market conditions, including price and availability and have access to current financing and mortgage rates to help ease the stress associated with buying or selling a home.
Our extensive training also means real estate brokers understand the legal complexities associated with a home purchase or sale, including titles, taxes, surveys as well as negotiable parts of a contract — all to help clients secure the best possible terms.
The Power of MLS®
Through our Boulevard (BLVD) Real Estate Agency Listing Service sales representatives have access to Multiple Listing Services (MLS), an electronic database which offers a host of information on a property, including detailed property features, real estate taxes, and the recent sale prices of homes — tools that can help determine the true value of a home. MLS® information is updated constantly; real estate brokers have access to homes the minute they become listed in the system.
As your search begins, Amit Sodhi CD , your Local Relocation Expert, will want to know the answers to these questions:
Where have you selected to live?
What style of home do you wish to buy — Detached, Townhouse, Condo, etc.?
How much mortgage have you been pre-approved for?
Are there any special features or requirements you need in your home?
Based on your answers they will begin showing you house on the market that match those criteria. How quickly you discover the home your dreams will vary greatly, you could find it when you view that first home or you might look at a number of homes with none of them catching your interest. Rest assured, the home you’re looking for is out there, and when you find it, you’ll be ready to make an offer.
Your Local Relocation real estate broker will provide expert advice on how to prepare your offer but ultimately it’s your offer and all the decisions are yours.
Your BGRS Real Estate Broker will arrange to have your offer presented to the Seller through the listing agent and advise you if they accept, reject or counter your offer and provide you with good advice you will need to proceed.
If your offer is accepted, the next steps are closing and moving into your new home once all conditions are met. If your offer is rejected and another offer was accepted, then it’s time to continue your search. If you offer is countered, you can accept their counter offer, reject it, or make a counter proposal of your own. Your Real Estate Broker will guide through each of these scenarios.
Once your offer has been accepted, Amit Sodhi will monitor the progression of your offer, ensuring that all conditions are met on time and ensuring things progress properly until closing.
HOUSE HUNTING TRIP WITH AMIT SODHI CD
Features of Your House Hunting Trip at Montreal
- Our Experienced Local Real Estate Broker will communicate with you and your family to determine your exact needs. We can communicate by phone, Skype or email.
- All new listings that match your criteria will be automatically sent to you. Follow up communication can further fine tune your needs and requirements.
- Amit will book appointments for all of the properties that interest you, coordinate a home showing schedule and provide a list of recommended accommodations for your House Hunting Trip.
- On arrival in Montreal / St-Jean area you will be given all the Listings that met your criteria and a List of Home Inspectors and Lawyers to assist in your purchase.
- Amit will attend your home inspection with you and schedule two walk-through appointments of your purchased property before the closing date.
- Amit can provide information on schools, recreation, and any other information if required.
Step 1: Mortgage Pre-Approval Letter
A mortgage pre-approval letter is essential when buying a home for several reasons:
- Understanding Your Budget: It gives you a clear understanding of how much you can afford to spend on a home. This helps you narrow down your search to properties within your price range.
- Competitive Advantage: In a competitive housing market, having a pre-approval letter shows sellers that you’re a serious buyer who is financially capable of completing the transaction. This can give you an edge over other buyers who haven’t been pre-approved.
- Faster Process: Pre-approval streamlines the mortgage application process. Since the lender has already reviewed your financial information, they can give you a more accurate estimate of the loan amount and interest rate you qualify for. This can help expedite the closing process.
- Negotiating Power: With a pre-approval letter in hand, you can negotiate confidently with sellers. They may be more willing to negotiate on price or other terms knowing that you have your financing lined up.
- Avoiding Disappointment: Without a pre-approval, you might fall in love with a home only to find out later that you can’t secure financing for it. A pre-approval helps prevent this scenario by giving you a realistic idea of what you can afford upfront.
Overall, a mortgage pre-approval letter provides clarity, confidence, and credibility in the home buying process, making it an essential step for most buyers.
Step 2: Determine your Needs
Determine Your Needs:
To find the perfect property for you, ask yourself the right questions. This way, you will avoid visiting properties that are not suitable for you and you will save a lot of time and money.
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How many rooms do I need?
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What areas would I like to live in?
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Do I need to be near public transportation?
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What type of property would I like? A condo, a house or an income property?
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Is it for a short, medium or long term investment?
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Step 3: Surround Yourself with the Right People
This transaction will surely be one of the most important in your life, you need to surround yourself with the right people from start to finish.
That’s why, with our team, you will be accompanied throughout the transaction. We work with many professionals: mortgage brokers, inspectors, various construction trades and notaries. We have all the tools and knowledge to help you make your dream of becoming a homeowner a reality.