buyers

10 Steps to Smart Home Buying


Buying a home is no easy feat. Which is why we have decided to embark on providing our readers with as much useful information as possible. Arming yourself with knowledge of the real estate industry can not only save you a lot of money, but ease the burden and duration of the entire process. Below you will find a list of topics we are to cover over on our site. It is a table of contents of sorts to the book of information we plan to blog across this site.  Be sure to take a read, and more importantly, drop us a message if you have any further questions. Thank you.



STEP 1

THE TALK


Meet with us for a pre-buying consultation where we will get you prepared and knowledgeable about one of the biggest milestones you are about to take.  This will help you gain a better understanding so there are no hidden surprises.

  • What’s your motivation to buy?
  • Are you ready?
  • Buying with discipline vs. emotion

STEP 2

THE REALITY CHECK


We’ll go through with you if it’s the right time to buy – help you build your 5-year plan.


  • Understand market conditions. Is it a Buyer’s market?
  • What is the current interest rate?
  • Can you live in your current home for another 6-12 months?
  • What are the repercussions if you decide to wait

STEP 3

THE MONEY CRUNCHER


Now that we’ve determined your reasons for buying and that you ready to buy – let’s talk affordability.



  • What’s your budget?
  • Down payment
  • Do we need to get a pre-approval for a mortgage?
  • Mortgage
  • CMHC insurance
  • Closing costs
  • Laying out your monthly carrying costs
  • Home Insurance
  • Maintenance Fees (depending on type of property)
  • Property Taxes

STEP 4

THE NEEDS VS WANTS

Do your homework before you buy.  Here we breakdown what you need vs. what you want and fitting that into your budget that we just identified.


  • Differentiate between the types of home ownership
  • Do you need a condo or house?
  • Detached/Semi-Detached/Townhouse?
  • Have you considered the lifestyles between a condo and house
  • What is your bare minimum for the size of your home?

STEP 5

THE SPOT

Picking the ideal location is also a key part of the home buying triple constraint. We’ll help you find the right neighbourhood with the right schools.  Do you want a shorter commute to and from work?


  • Schools and ranks
  • Public transportation and accessibility
  • Amenities

STEP 6

THE HUNT


Now that we know what you want, where you want it and how much you can spend – let’s put all this to work.  Let us help you build your portfolio of ideal properties.

STEP 7

THE OFFER


Now that you’re in love, we have to move on to make that a lasting relationship.  It’s important that you don’t let your emotions get the best of you when making an offer. Real estate is an investment – fortunately, we are here to help you put together an Offer to Purchase and discuss all the details.


  • Comparative Market Analysis
  • Submitting Offers
  • Negotiating deals
  • Counter Offers

STEP 8

THE INSPECTION


What’s the first thing you do when you buy something? Make sure it’s in working order! It’s no different for home ownership. We’ll educate you on the importance of a home inspection and ensure we get an inspection done.


STEP 9

THE CLOSER

No, We haven’t switched the topic to baseball – we’re still on home buying.  It’s time to seal the deal.  This is where you meet the key player in closing the deal – the lawyer.


  • What’s entailed in the closing costs
  • Mortgage application fees
  • Legal fees
  • Title Insurance
  • Registration and more

STEP 10

THE MOVE


It’s finally here – D-Day! You move in to your new home.  Congratulations!


  • Call the movers
  • Address change and mail forwarding
  • Yard sale
  • Donate unwanted things
  • Utilities and more

CLOSING CHECKLIST

You've just snagged a great deal for your new home! It's exciting to move into your new home but there's still so much to do! We can help you organize the rest of your move.

GET NOTIFIED ABOUT THE NEXT HOME BUYER SEMINAR

TESTIMONIALS

Jul 21st, 2021

My husband and I could not be happier with the outcome of the sale of our starter home and the purchase of our forever dream home. We owe our gratitude to Navi, Majury and Rohit for their knowledge and expertise in guiding us through this process. What we loved the most about Bespoke Real Estate Team is that it is true to its name; the experience was painless, and customized to our every need and with 2 young children and the complexities around COVID-19, this was much appreciated. Navi is extremely savvy, and has strong negotiation skills getting us the best price for both the sale and purchase transactions. Majury is patient and was very tuned into our needs for a new home, making the search enjoyable and exciting, and Rohit was meticulous, responsive and reliable at all times. We will absolutely continue to work with Bespoke for all our future needs and highly recommend them to anyone!

ASAbidah Shamji
Jan 21st, 2022

It has been a pleasure working with Prez from Bespoke to purchase my very first investment property. As someone who knew nothing about the real estate market, I was very anxious about stepping foot into it, especially during the pandemic. But throughout the entire process, Prez has always been so responsive, reassuring and extremely patient with answering all my questions. He is very knowledgeable and always provides me with detailed information, tools and resources to help make informed decisions. He goes above and beyond to maintain ongoing communication about my next steps and to keep me updated on market trends. He is an amazing realtor with not only a wealth of knowledge and expertise in the field, but is also someone who is professional, caring and reliable! I would highly recommend Prez and the team to anyone without hesitation!

ACArthana Chandraraj
Jan 29th, 2022

I had the pleasure of working with Amelin in the sale of our home. She was an absolute delight to work with. Amelin was involved from the very beginning. She guided us in ensuring we made the right renovations that would give us optimal value, found us great contractors for the work and made sure the house was on the market in the timeline we wanted. Amelin’s work ethic along with the Bespoke Team’s impeccable marketing strategy got our home sold for $400, 000 over asking in such a short amount of time!! We couldn’t be more happier!

I would definitely recommend Amelin to anyone whose looking for a hard working, honest and reliable realtor! With her humorous and humble personality you will enjoy working with her. She’ll become a trusted friend, which she is to us now.

NGNoelene G
May 28th, 2021


The sale of a home was no simple feat, in the pre-pandemic period. So, just imagine having to unexpectedly sell your home in the midst of the pandemic and lockdown restrictions in February 2021 because your life circumstances change. Moving, packing and prepping your home in hopes that you receive the best value possible is undeniably an emotional process. In addition to selling my home, I needed a brokerage that would be able to support me with finding a condominium apartment for rent. I needed a healing and rejuvenating space. The Bespoke Real Estate Team was best suited for the job, and I knew it. I approached Theepan Bala regarding the sale of my house, and Majury regarding the search for perfect condo rental.

When you’re selling a detached Scarborough Bungalow, with a walk-out basement that leads to a beautiful ravine lot; you want to make sure that you’re working with someone who specializes in homes in the area. Not to mention, I wanted someone who understood how to highlight the strengths of the property. In a fluctuating Toronto market, honesty and transparency is key to the optimization of the property sale. Ensuring that your agent has a clear perspective is critical to the success and negotiation of the sale. That’s why I chose Theepan. He has a keen understanding of the pulse of the market, a professional approach at all times and the most calming demeanor in the most stressful of situations. He walked me through every stage of the sale – addressing questions clearly to ensure that I knew my voice my voice was heard. All the while providing space for concerns and fears to be addressed. I still don’t quite know how he did it; but to find a man in the industry who understands agency and tact in validating your concerns is like a breath of fresh air.

In the midst of all of this chaos, Majury was relentless in the pursuit of supporting me with finding the right condo. Showing after showing and elevator ride after elevator ride. Up and down the condominiums we went. Her patience and positive approach will leave you awestruck. When you’re forced to reckon with lock box mix-ups, condescending security guards, and driving through 5pm after-work traffic to make it to your appointment on time; you want someone who can sift through the noise and truly deliver a new home that fits all of your needs; even if it’s a rental. I had so many needs ranging from a den for work and meditation, a kitchen that was functional and a view that would be breath-taking. Our first offer didn’t quite work out the way we wanted it to, which obviously resulted in a sense of disappointment. Majury didn’t falter; she pushed full steam ahead knowing the sense of defeat that I was feeling. She found the perfect property, delivered on every single demand! Even then, she wasn’t done. She handled negotiations with my landlord’s agent seamlessly. It was quite an experience to witness, because throughout the process, I truly felt like I had an advocate in my corner. For someone like me, whose career is built on community advocacy, I can’t begin to tell you what it felt like. She is the perfect intermediary, and will present your case with her best foot forward. That is why, forever and always, she will be “Realtor Maj”. She embodies the needs of her clients and supports you along your journey to find the perfect place for you to call home.

In a nutshell, the Bespoke Real Estate Team, provides you with utmost professionalism, seamless all-round administration and honest conversations about realistic price points. Everything considered you have my guarantee; the process will be nothing short of a Bespoke Experience.

DSDarshika Selvasivam
Mar 29th, 2022

Prez was our realtor agent from Bespoke. A great guy , helped us buy an incredible house in less than 2 months in Scarborough, Toronto! He's got some great professional skills, calm and knowledgeable. Easily approachable and right away attended to our needs when in doubt or question. Overall my husband and I had an excellent experience working with Prez. Would love to work again in the future if possible 😁

DPDr Pai

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