Buying

Let me Help you Every Step of the Way

When purchasing a Co-op, you are faced with a multitude of decisions.  Finding that perfect home is not an easy task, and obtaining a mortgage loan can be a complex and tiring process.  Once you've made the commitment to purchase a home, though, the rewards you can achieve are unquestionable.

Assisting you every step of the way, I will make the process of purchasing a Co-op in Vancouver easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I'll help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale in Vancouver that match your specifications, and guide you through the many of details pertaining to the actual purchase.

Having sold Co-ops in Vancouver since 1988, I have my finger on the pulse of the Vancouver real estate market, and know neighbourhood values inside and out.  I will help you determine which properties are fairly-priced and in good condition before you start your search.

Your First Step

Your first step in the home-buying process is to define the reasons why you want to purchase a new home. To stop paying rent? To start building equity? To have a place of your own? Co-ops are a great way to purchase a home in exclusive areas, without having the expensive price tag.  

Everyone has a picture of their ideal home. Develop a needs vs. wants list.  This list would include all the home features you need, plus those you have long desired. However, when it comes time to buying a home, these desired features constitute additional costs. While it's nice to think about having an artfully designed kitchen with stainless steel appliances, these are usually considered luxury items, which can add considerably to the price of your property.

Begin the list with items you absolutely need like, adequate space and number of bedrooms. How much space do you really need? You'll want to consider basic needs first.  After you have established these, you can consider additional features if  you are prepared to pay for these benefits. Once you have compiled your list, you are less likely to be caught up in the excitement of the pursuit. You'll have a good idea of what you want, the features within your price range, and whether or not you can afford those additional items.

Think of yourself as zeroing in on a target, going from the general to the specific. Consider the area (for example, downtown Vancouver, Kitsilano, Kerrisdale). Investigate the neighbourhoods you're considering, and ask around.  What amenities does the area have to offer?  is  there transportstion, recreation, or grocery stores within reach?  How will you be affected by a new commute to work?  Are there infrastructure projects in development?  All of these factors will influence the way you experience your new home, so ensure you're well-acquainted with the surrounding area before purchasing.  To learn more about what to look for in a new neighbourhood, please visit my Special Reports section!

Your Next Step: Loan Pre-Approval

Once you have narrowed down your list, you're ready to take the next step in the purchasing process: Getting pre-approved with a Vancouver mortgage company that specializes in Co-ops.  While getting pre-approved may sound daunting, it actually just involves getting an idea of what you can afford.  When you're pre-approved, this means that a lender has reviewed your credit history, verified your assets and employment, and has approved your loan before you have found a Vancouver home to purchase.

Pre-approval gives you substantial leverage: Sellers immediately see you as a serious buyer. Not only will you know the exact price range you can afford, but you'll also be able to negotiate a better deal and move more quickly when you see a Vancouver home you like.  Depending upon market conditions, a seller may prefer an unconditional offer, so you'll have less negotiating power if you have to wait for mortgage approval. Specific banks and financial institutions have developed many programs catered specifically to Co-op buyers. Once you review your needs and objectives with a lending officer, you'll be one step closer to purchasing your home in Vancouver.

Contact me and I'll be happy to refer you to a Vancouver mortgage professional with an excellent reputation and track record for successfully acquiring loan approval for his/her clients.

Let me Find the Perfect Vancouver Home for you

It is a very time consuming process to view every Co-op available that meets your needs. I can do much of the work for you, by establishing your needs, then reviewing a range of properties and advising you of potential matches. I have my finger on the pulse of housing trends, prices, and access to the best possible resources available today to help you locate Co-ops on the Vancouver real estate market that match your specifications.  Having comprehensive knowledge of the available Co-ops in your Vancouver neighborhood is one of my strongest assets.

Once you've been pre-approved and know what price range you can afford, I can help you determine which properties fit your needs and wants.

Start your search now - and view my current listings!

I Will Help you Every Step of the Way

As a top Vancouver Realtor with years of experience and a proven track record, it is my job to guide you through this complicated process, from beginning to end. Contact me today, together we will prepare a unique plan to suit your particular needs and goals. From helping you find your dream home to closing the deal - and every step in between - I will be there to ensure your journey to your dream home is a smooth one!