The buyer's guide.

Here are a few tips to the century-old aspiration of purchasing a home:


  • Know what you're looking for. Having a plan when searching for your new home is critical. Know your "must-haves", your "nice-to-haves" and your "definitely-nots". Getting what you want is easier when you map out what you are looking for in your next home.

  • Mortgage pre-approval. Find out how much your bank is willing to lend you. They will take into account your income, debt, down payment, and credit history. Get the pre-approval in writing with a guaranteed interest rate, which is usually valid for 90 days.

  • More than just the down payment. Ensure that you are able to budget more than just the down payment. Property purchases come along with closing costs (such as land transfer tax and legal fees) and other future expenses; experts suggest saving an extra 1-3% of the purchase price to cover these costs.

  • Making the offer. The offer process can be both exciting and nerve-wracking. Once you've submitted your offer, the seller can accept, reject, or sign it back at a different price and/or with different terms.


Speak with a Trilogy agent for all things real estate. We are here to help.

Moving up to the next level.

Are you looking to upgrade to a new home or neighbourhood? Here are a few things to consider:


  • Buy or sell first?. There are two major factors involved in this decision. First, the length of time needed to sell your current home. Second, whether you can afford to carry two mortgages if your current home does not sell before your new home purchase closes. Your Trilogy Team agent and your lender will be able to help you with this decision.

  • Quantity and type of space. Consider how much space you will need and where you will need it. If your family is growing, you may need additional bedrooms and play areas. Perhaps your business is growing and you need more office space, or entertaining space.

  • Maintenance. Depending on what type of home-owner you are, maintenance can be a deal-breaker. If you have been diligent with leaky taps, and squirrels in the attic, this should not be an issue. But if you do not enjoy the work involved in maintaining a house, a townhouse or condo may be a better option. Why buy a house with a large yard if you hate gardening?

Speak candidly with your Trilogy Team agent for help on the right decision for you.

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