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The Home Buyers Checklist

The following 10 step guide will walk you through the process of purchasing a home. Whether you are a first time home buyer or have moved numerous times, this valuable tool will provide you with a one-stop location for all you moving needs. Bookmark this page and come back after completing each step and the transition to your new home will be seamless. Click on the links provided throughout the checklist for more detailed information or contact information for professionals to help you throughout the process.

Download a paper copy for your reference by clicking HERE.

□ 1) Obtain a Mortgage Pre-Approval. A pre-approved mortgage will provide you with a spending guideline and guarantee your obtained interest rate for 120 days. Complete an Online Application or contact one of our Mortgage Broker Professionals to help get you pre-approved.

□ 2) Gather all information required by the Mortgage Professional including Employment Verification and Down Payment Information. Gift Letters and Income Verification forms can be obtained by clicking here.

□ 3) Contact a Real Estate Agent to help you look for your new home. There is no cost to have an agent work for you. They will research houses that meet your requirements and complete all necessary real estate documents for you. It is imperative to use a professional realtor to ensure that you are protected in all aspects of the purchase.

□ 4) Make an Offer to Purchase - A step your Real Estate Agent will help you with. Once you have an accepted offer to purchase, your agent will send a copy to your Mortgage Specialist to complete financing. Typically you will have a condition to complete financing within one week from the offer date. It is important not to remove this condition until this step is complete.

□ 5) Conditions. You may want to request a Home Inspection. These take place before the offer is complete. Your realtor will discuss the importance of these options. It is best to ensure the financing condition is met first as these inspections can be a minimum of $300.

□ 6) Contact a Real Estate Lawyer. Your lawyer will ensure that the title of the new home is in your name, that there are no property encroachments, and that your legal rights are protected. Your lawyer will also ensure that funds are appointed within the instructions of the contract.

□ 7) Home Insurance is required before your lawyer can complete the transaction. An Insurance Agent will discuss the options that meet your needs and notify your lawyer once the proper home and fire coverage is in place.

□ 8) Mortgage Document Signing and Completion. You will meet with your lawyer to sign and finalize your mortgage.

□ 9) Contact your local Utility Companies to have services connected for your possession date including water, power, gas, phone, cable, etc... You will also need to do a change of address, Use this link to change your address with Canada Post.

□ 10) Moving Day. Your realtor will meet you at your new home with the keys. Although it seems cheaper to have family and friends help you move, it is usually only a little bit more, much faster, and safer to have a mover to this for you. Trust your valuables to professional movers who typically ensure you're belongings against damage.

After you move in, remember to visit www.SaskHomeBuyer.com for all your home needs, such as renovations, plumbing, landscaping etc. Please feel free to refer our services to your friends and family.