Buying Home in Vancouver

Whether you're a first time home buyer or an experienced investor, we are committed to guiding you through the buying process from start to finish, ensuring everything flows smoothly without any surprises. Avoid time-consuming and costly mistakes and put our experience to use. 

If you want us to help you find your dream home, all you need to do is either fill out the form at the end of this page or simply get in touch. 

Resale Home Buying Process:

Here are the steps that need to be followed during resale home buying:

Calculating affordability: 
  • Identifying maximum mortgage amount you can get and maximum monthly payments you can pay (please refer to mortgage calculator)
  • Getting mortgage pre-approval
Finding Home:
  • Engaging with a realtor
  • Getting market information
  • Defining target home profile
  • Receiving customized and prescreened daily new listings matching with your target home profile
  • Filtering and analyzing all market listings and identifying shortlist to visit
  • Visiting shortlisted properties to identify the target property
Analyzing target property:
  • Getting comparative market analysis to determine the fair price of the target property
  • Analyzing all documents related with the target property such as title, strata plan, property disclosure statement, information certificate, bylaws, strata minutes, financial statements, depreciation report
Signing agreement:
  • Identifying favorable terms and conditions 
  • Preparing offer together with the security deposit (usually 5% of listing price)
  • Signing contract of purchase and sale
Closing:
  • Performing conditions (such as financing, inspection) if available in the offer
  • Applying for mortgage
  • Adjustment date, calculating balance due to complete by considering taxes, fees, mortgage loan amount, and security deposit
  • Closing date, making the payments calculated in adjustment date
  • Possession date, Congratulations!!!


Presale Home Buying Process:

Below are the steps that need to be followed during presale home buying:

Calculating affordability: 
  • Identifying maximum mortgage amount you can get and maximum monthly payments you can pay (please refer to mortgage calculator)
Finding Home:
  • Engaging with a realtor
  • Getting market information
  • Defining target home profile
  • Receiving customized and prescreened new development alert matching with your target home profile
  • Filtering and analyzing all new developments and identifying shortlist to visit
  • Visiting showrooms of shortlisted properties to identify the target property
Analyzing target property:
  • Getting comparative market analysis to determine the fair price of the target property
Signing agreement:
  • Analyzing terms and conditions of purchase agreement 
  • Signing purchase agreement (7 days period of rescission)
  • Making initial payments (Usually 20-25% of the property value is paid in 2-3 installments within a couple of months)
Closing:
  • Development phase (Usually 2-4 years)
  • Analyzing mortgage types and rates
  • Getting mortgage pre-approval and locking mortgage rate (for up to 120 days)
  • Walk through day, to check if all in the property is as planned
  • Notice for completion, completion date announced by developer
  • Applying for mortgage
  • Adjustment date, calculating net payments by considering taxes, fees, mortgage loan amount, and previous payments
  • Completion date, making the payments calculated in adjustment date
  • Possession date, Congratulations!!!

Please Provide Your Buying Criteria

Serkan Polat

Team 3000 Realty Ltd.

207 - 5740 Cambie Street  Vancouver,  BC  V5Z 3A6 

Mobile: 604.715.5045

serkan@uniqhomes.ca