Working With Buyers

For most people, purchasing a home is the single most important purchase of their lives. So it is imperative that they should get an experienced agent to guide and represent them in the buying process.

Our full-time licensed Purchaser Specialist Susan is available to assist you through the buying process.

While it is possible to find a home on your own, the assistance of a real estate agent can be a real benefit to you; not only in terms of knowledge and experience, but also through ready access to home listings and market information.

With Bill Thom at Re/Max, you will get the highest level of service as you search for your "dream home".

Bill Thom will take you through the following steps on the buying process:

Qualification	Help you establish what you can afford and help you identify your price range
Buyer Agency	Explain the importance and benefits of working with only one but experienced full-time and dedicated real estate agent.
Financing	If necessary, help you arrange for pre-approved financing with various financial institutions.
Needs and Wants	Help you establish the list of needs (must have features) and the list of wants (would also like to have type features). (Note: Most buyers always want more than what they can afford).
Market Update	Inform you of the current market conditions as you search for your dream home.
Offer Presentation	Assist you with aspects of your Offer to Purchase and its presentation to Vendor.
Home Inspection	If necessary, help you arrange for reputable and qualified home inspector to do detailed inspection of the home that you have just purchased.
Closing	Assist you with details involved in closing the sale (i.e. lawyers, movers, cleaners, various sub-trades such as painters, contractors, etc., if necessary).
Buyer's Costs
Legal Fees	Typically ranges from $450,00 to $1,000.00 plus disbursements. A Real Estate lawyer can provide you with details.
Disbursements:	Include City Tax Certificate, City Zoning Reports, City Engineering Report, Sheriff's Certificate Registry Office searches, deeds registration, mortgage registration, copies, postage, long distance calls, courier fees, etc.
Land Transfer Tax* (LTT):	Amount LTT $0 to $55,000.00 0.5 % $55,001.00 to $250,000.00 1.0 % $250,001.00 to $400,000.00 1.5 % $400,001.00 + 2.0% For Land Transfer Tax Calculations: http://www.homelegalcost.com/ltt.asp http://www.rev.gov.on.ca/en/tax/ltt/ *Special taxes apply to non-residents
Survey:	If no up-to-date survey is available, a new one will cost approximately $700. - $1,000. Fees for larger and recreational properties vary. Individual quotes are required.
Title Insurance:	Most lawyers will accept Title Insurance in lieu of the actual survey. Title Insurance cost is about $300.
Adjustments	Money owned due to pre-payment of taxes, hydro, gas, fuel oil, etc.
Home Inspection	Will cost between approximately $250. to $400.
Arranging the Mortgage	Usually an appraisal fee of about $200. plus an administration fee of about $200. - $300. An up-to-date survey may also be necessary. Some institutions may waive fees.
The Move	May vary depending on your choice of movers (i.e. professional movers or packing yourself).