Buying tips - moncton Real estate
Looking for houses
for sale? Lsted below are some helpful
articles to assist you:
Homes for sale
- Typical Expenses when buying real estate in Moncton,
New Brunswick
See the table on
the Typical
Expenses page.
Moncton Real Estate Closing
Costs
You will
incur some or all of the following costs when you
purchase:
- Set up/Appraisal Fees
- Property Tax Holdback
- Solicitor's Fees and Disbursements
- Deed Trasfer Tax
- Land Survey
- Closing Adjustments
|
- Property Insurance
- Accrued Interest
- Mortgage Life Insurance
- Water Tests for Properties on Wells
- HST
|
See the section
on closing
costs for more details.
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Real estate for
sale in Moncton, NB - How much can you afford?
The Can
you Afford It table itimizes total family income,
the amount of home you can afford, the amount of downpayment
required.
Buying a home
in Moncton - How long will the buying process to take?
Locating potential properties
can take an indefinite amount of time, the other steps
in the process normally take from 4 - 6 weeks.
See the section on process
length for details.
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Agreement
of Purchase & Sale
A
written agreement is required when you want to purchase
a home or lot of land. If you are buying
a property that is being sold through a real estate
agent, the agreement is usually drafted by the agent
on a standard form agreement. For private sales
where the services of an agent are not used, it
will be necessary for a lawyer to prepare the agreement.
In either case, the agent or the lawyer will need
to tailor the agreement to meet the particular needs
of the parties as each property presents different
concerns.
For more details
see the Legal
Guide.
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Accredited Buyer's Representative
(ABR)
"More than one million
people in the US and Canada are licensed to sell real
estate. Of those licensees, fewer than one in five
hundred is an Accredited Buyer Representative."
- The ABR Designation
- Why Use an ABR?
- Benefits of Using a Buyer's Agent?
|
- How do you hire a Buyer's Agent?
- Buyer Agency vs. Traditional vs. Dual Agency
- Buyer Agent vs. Seller Agent Services Comparison
|
For more details - see Buyer
Agency
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The Benefits of Using a Realtor
A
professional agent can simplify your search
with many resources available to them that might not
be available to the general public. They can perform
a search of the market and select only homes that
fit your wants and needs. Often, they will know about
homes on the market long before the public does through
their various network contacts.
Visit benefits
to using a realtor for more details.
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What is a Home Inspection?
A home inspection
is a professional, visual examination of the condition
of a home. It is a way for home buyers to gain valuable
information about the biggest purchase of their lifetime.
For more information on inspection
standards and how you can benefit from one see home
inspections.
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Glossary of terms
