Buyer Timeline

Buying your new home happens faster than you think.

1.  Arrange a pre-approval from a qualified mortgage professional to determine your
     purchasing power.

2.  Meet with your Macdonald Realty Agent to discuss your home ownership goals.

3.  Formalize your relationship with your Macdonald Realty representative.
               • Buyer’s Exclusive Agency Agreement
               • Working with a REALTOR® brochure

4.  Work with your agent to determine wants and needs in a potential property.

5.  View selected properties with your agent.

6.  Find your dream home.

7.  Determine price, deposit amount, dates (adjustment, completion, & possession), and subject clauses.

8.  Have your Macdonald Realty representative prepare your offer to purchase (Contract of Purchase and Sale).

9.  Presentation of your offer and negotiation of an accepted subject contract.

10.  Conduct due diligence:
               a)  Inspection
               b)  Survey
               c)  Title search
               d)  Property Disclosure Statement
               e)  Home and Fire Insurance to ensure Financing
               f)  Review Strata documents (for attached housing)
                              i.  Form B
                              ii.  Strata Minutes
                              iii.  Financial Statements
                              iv.  Engineers’ Reports
                              v.  Registered Strata Plan

11.  Remove subject clauses and submit deposit In Trust to Macdonald Realty.

12.  Select a lawyer or notary to complete closing documents.

13.  Arrange for insurance on your new home.

14.  Completion date - money and title are exchanged.

15.  Possession date - move in!