29 Mar 2019

Who Will You Need When Buying A Home in Sarnia?

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Who Will You Need When Buying A Home in Sarnia?

Build Your Sarnia Realtor Team

They say it takes a village to raise a child, but that same concept can apply to buying a home in Sarnia. Anyone looking to get into the Sarnia real estate market won’t be doing it alone. There is a team of people you will need on your side in order to purchase the home you are looking for. It’s not just so simple as going online, doing a search for available homes and making some phone calls or calling a Sarnia Realtor. You will need to have plenty of people working with you if you want to be successful in purchasing a home.

Let’s take a look at some of the people you will come across on any typical real estate deal, and a few others that you may want to think about contacting along the way. Remember, though, your Sarnia Realtor Team will be almost like your team’s captain. They will guide you through the Sarnia real estate market, search for listings, take you through properties and lend you their experience. When it comes time to offer, your Sarnia Realtor Team will have all the information to make the right decisions.

Mortgage Broker

Every real estate deal comes with a price. Price can be negotiable, and your Realtor will help take care of that aspect of the deal. But your mortgage broker will be the one helping you get approved for your mortgage. So, you can deal with a bank, a credit union or mortgage broker. Whomever you choose, you need to have a good line of communication with them, as they are going to be requesting plenty of information from you to get you approved.

It’s always good to start your search for a home in Sarnia with a visit to your mortgage broker to get pre-approved. This helps narrow down listings your Realtor in Sarnia can show you, so you are not stretching your budget too thin. And just because you are approved for a high mortgage, doesn’t mean you need to go spending the farm. Check your wishlist and see what important and what kind of house your budget allowing you to have.

Home Inspector

Getting a home inspector is a very important decision to make when buying a home in Sarnia. The purpose of having one is to have an experienced and accredited person go through your home in detail to uncover any major problems. A home inspection is one of the most common conditions on many real estate deals, and can drastically affect a buyer’s decision, for good or for bad. It’s during the home inspection you can find issues such as:

  • Plumbing problems, such as leakage and old pipes
  • Heating issues from the furnace that hasn’t been serviced
  • Cracks in the foundation
  • Roof shingles that need to be replaced
  • Appliances that don’t work properly
  • Water and drainage issues

A home inspector can also confirm that a home has been properly maintained and that you’re getting a solid home. Not all home inspections are doom and gloom, but it’s important to find a home inspector you can trust. No home is perfect, including brand new ones, and it’s better to know issues going in, then to discover them later in the process.

Lawyers

Getting a lawyer is important to ensure that all the finances, legal issues and land transfers are taken care of during a deal. Like anyone else on your team, it’s important to have a good relationship with your lawyer. They are looking out for your interest in a deal, will often recommend title insurance and will handle the legal work to get the deal closed. Each lawyer has their own unique way of handling a deal. Find one that will walk you through the process, so you know what is expected of you each step of the way.

Insurance Broker

Your home is going to be the largest investment you purchase, so you want to make sure to protect it. In the Sarnia real estate market, you must have insurance on your home at 12:01 a.m. on the day of closing. Even if you don’t get keys until later in the day. It’s for your protection because things can go wrong at any moment and you want to protect your investment. There are plenty of things your insurance broker will want to know when looking to get a quote. Some things include:

  • Square footage of the home
  • How the house is heated
  • What kind of wires and plumbing are in the home
  • How old is the roof?

Insurance costs can vary depending on the home, where it is located and many additional factors. Coverage can also vary, so it’s important to get an insurance broker who can present you all the information to make the right decision. Most people start with the company they have their car insurance through, so as to save on bundling.

Build A Sarnia Realtor Team You Can Trust

The main theme throughout has been getting people on your team you can trust. You need to have open lines of communication with everyone and have an honest relationship with them. Every person, including your real estate agent, are there to help you through their part of the process. Ask your Sarnia Realtor for recommendations, as they have worked with a variety of insurance and mortgage brokers, lawyers and home inspectors.

Buying a home in Sarnia is a process, so get people who are experts to make sure you get the most information you can. Real estate is all about information to make the best decision possible. The more information, the better the decision. So, make sure each member of your team is a team player on your side with your best interests at heart. That will make your home buying experience that much easier, taking plenty of stress off your shoulders.

Price & Associates Realty
Sarnia Real Estate Brokerage
Laurel Price – Broker of Record

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