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A pre-approved mortgage is the first place to start in the entire home purchasing process. This accomplished two things:
- It gives you a guaranteed rate for a mortgage for a specified period of time.
- With a pre-approved mortgage you know exactly what you can afford; therefore you will not be wasting your valuable time looking at homes that you do not qualify for.
The Carl Wilson Team will be glad to assist you in obtaining a pre-qualified mortgage.
 Now that you've established a price range that you have qualified for, it's time to make a list of your wants and needs.
- Where you want your new home to be located.
- What you require in your new home, e.g.: the size, style, number of bedrooms, heating system, and possibly a finished recreation room, or a garage, etc.
We will now select homes from our MLS database and give you a printout of all the homes that match your criteria. With this information, you will be in a position to narrow down your selection of homes to view. The Carl Wilson Team will now set up appointments at a time best suited for you and gather information that is pertinent in assisting you in making an informed decision on properties viewed.
When viewing the homes of your choice we recommend you make a check list of the positive and negative aspects of each home. This helps to avoid confusion when you are trying to review all the homes you have toured at the end of the day.
 We should now have a short list through the process of elimination. Very crucial point - never, never purchase a home on the first viewing. From experience, we can tell you that on your second viewing you will see specific things about the property you missed the first time through and you will end up with a more negative or positive feeling about the home. Remember, we want you to make the right choice for you.
Always obtain a vendor's property information sheet on every property that you are seriously interested in. This is where the vendor gives potential purchasers detailed information about the property in question. For example, you will be provided with general information in regards to the structure, easements, zoning including environmental issues, etc. Just remember this disclosure sheet is completed by the vendor to the best of his knowledge.
 Now you should be ready to make an offer on the property of your choice. The offer is made up of three components (Tips # 7, 8, 9) each playing a very important role in bringing the purchase of your home to a satisfying and successful conclusion.
The Carl Wilson Team will assist you in putting a legal offer of purchase and sale together. This will consist of, among other items, a legal description of the property, your offering price. Other conditions to be included in the offer at your request, for example, a satisfactory building inspection report, survey of the property, potable water test, and adequate flow rate (if applicable), irrevocable date, and time period for which the offer is good. The Carl Wilson Team will suggest additional conditions for you to consider which we believe are in your best interest and necessary for your protection.
 This is the second component and the importance of presenting the offer in a professional and business-like manner cannot be emphasized enough. This will begin with a verbal introduction of you, the purchasers, to the vendors. The Carl Wilson Team will do this for you by sharing the specific information that you have agreed to. The objective here is for the vendors to be comfortable with the potential purchasers of their home. We are now ready to negotiate the offer on your behalf and through this negotiating process hopefully bring together an accepted agreement of purchase and sale.
There will be times when an offer has to be re-negotiated. This is what we call in the industry a counter offer. This occurs when the offer is not satisfactory to the vendor upon its initial presentation. The vendor now has an opportunity to send a counter offer back to the purchaser with the changes the vendor feels is necessary for them to allow the sale of their home to be completed. This will give you, the purchaser, your chance to respond to their counter offer. When both the vendor and purchaser have agreed to the terms and conditions, the result will be a conditionally accepted offer.
At this point, as mentioned above, we have a  conditionally accepted offer. We now want a firm sale. For this to be accomplished, there will be specific conditions in the offer that have to be met, such as: financing, a survey, and possibly a confirmation of posting, among many other conditions. They will all have a specific date in which they must be completed. The Carl Wilson Team will work through this entire process with you to remove all conditions to provide you with a firm sale and would now consider the property sold.
There is a tremendous amount of work involved in the purchase of a home. All will go smoothly if you and your agents work together. The Carl Wilson Team knows what is required to make the purchase of your new home a positive experience and they would be honoured to work with you.
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