The amount offered and how it compares with market evidence.
03 · BUY YOUR FIRST HOME
Search with a strategy.
Offer with a plan.
Once your finances and mortgage range are understood, the focus shifts to choosing the right compromise, evaluating properties and protecting the purchase.
See the buying roadmap →YOUR BUYING ROADMAP
Six steps from planning to keys.
- 01Build your plan
Define your needs, budget and timing.
- 02Get pre-approved
Confirm a more reliable range.
- 03Search strategically
Compare price, property and location.
- 04Make an offer
Set price, deposit, terms and dates.
- 05Complete due diligence
Address financing and property conditions.
- 06Close and get the keys
Complete legal work and funds transfer.
THE BUYER TRIANGLE
Price. Property. Location.
Most first-time buyers cannot maximize all three at once. The goal is to identify which side is fixed and where you are willing to compromise.
- If the location is fixed, you may need to adjust price or property expectations.
- If the price is fixed, you may need a different property type or neighbourhood.
- If the property requirements are fixed, the search area or budget may need to expand.
PRICEYour comfortable range
PROPERTYType, size and condition
LOCATIONCommunity and commute
YOURBEST FIT
ANATOMY OF AN OFFER
The offer is more than the price.
Each term affects risk, timing and negotiating strength.
Funds showing commitment and credited toward the purchase.
Financing, inspection and status-certificate protections when appropriate.
When ownership and funds transfer.
Items expected to remain with the property.
Promises and obligations written into the agreement.
LEGAL & CLOSING
What happens after the offer is accepted?
- Complete conditions
Financing, inspection or status review.
- Lawyer’s review
Title, documents, adjustments and insurance.
- Prepare funds
Down payment balance, land transfer tax, legal costs and disbursements.
- Final visit
Confirm the property’s expected condition.
- Closing day
Funds and title transfer, then keys are released.
READY TO SEARCH?
Build a search around your Buyer Triangle.
Tell Richard what is fixed—your price, property needs or preferred location—and where you have flexibility.