As a buyer, you typically do not pay a real estate agent’s commission. The seller usually covers the real estate commission fees, which are split between the seller’s agent and the buyer’s agent. Our goal at Comfort Living @ eXp Realty is to ensure you have the best possible guidance without worrying about extra fees.

While it’s not legally required, working with a professional real estate agent offers many advantages. We help you navigate the complex buying process, negotiate offers, and ensure you’re making an informed decision. Our expertise and local knowledge ensure you get the best deal on a home that fits your needs.

Yes! Getting pre-approved for a mortgage is a critical first step. It helps you understand how much you can afford, strengthens your position when making an offer, and shows sellers you’re a serious buyer. At Comfort Living @ eXp Realty, we can connect you with trusted mortgage professionals to help you through the pre-approval process.

The amount you need for a down payment depends on the price of the home and your financial situation. In Canada, the minimum down payment depends on the price of the home. For homes up to $500,000, the minimum down payment is 5%. For homes priced between $500,000 and $1,000,000, you’ll need 5% for the first $500,000 and 10% for the portion above that. For homes over $1,000,000, a 20% down payment is required. A larger down payment can lower your mortgage payments and may help you avoid mortgage insurance costs. We’re here to help you evaluate your financial situation and determine the best budget for your down payment.

The timeline for buying a home can vary. On average, the home search itself can take a few weeks to several months, depending on your criteria. Once you’ve found a home and made an offer, closing typically takes 30 to 60 days. At Comfort Living @ eXp Realty, we guide you through each step to ensure the process is as smooth and stress-free as possible.

To make a strong offer, ensure you are pre-approved for a mortgage and have a clear idea of the home’s value. We will work with you to craft an offer that balances competitiveness with fairness, helping you stand out without overpaying. Factors like a flexible closing date and fewer contingencies can also make your offer more attractive to sellers.

In addition to the down payment, you should budget for closing costs, which typically range from 1.5% to 4% of the purchase price. These may include legal fees, land transfer taxes, home inspections, and adjustments for utilities or property taxes. At Comfort Living @ eXp Realty, we help you plan for these costs so there are no surprises at closing.

A home inspection is a vital step before finalizing the purchase. A licensed inspector will examine the property’s structure, plumbing, electrical systems, roof, and more to identify any potential issues. This gives you peace of mind and helps you make an informed decision or negotiate repairs with the seller if needed.