Site icon Frank Yoo

Steps of buying properties

Home Buying Steps:

  1.  Choose your own realtor representing buyer’s interest only.
    Write a contract with Frank Yoo:
    *Buyer Agent Acknowledgement
    *Buyers Exclusive Agent Agreement
    *Working With a Realtor Brochure
  2. Mortgage Pre-Approved
    Get pre-approval letter for your mortgage. How much you can afford and it will give you better negotiating power since you know what you can play with. Money is the bullet in financial word.
  3. Wants & Needs List
    Make sure what are your needs/wants. It will help narrow your home search to the home that is right for you.
  4. Viewing Properties
    A preview tour or guided tour of the home you want to view.

  1. Finding the Right Home and Write contrat with Deposit money
    Once we have found the right home for you, we’ll help you to realise the key points of your purchase contract offering, write an offer with best terms and conditions for the buyer, and strategically present & negotiate your offer to the seller.
  2. Conduct Due Diligence
    We’ll need to ensure you are protected: Inspection, Title search, Property Disclosure Statement, financing, home & fire insurance, review strata documents if the lot is shared together with other condo/townhouse owners.
  3. Pay the Balance
    Final Preparations: Select a Lawyer/Notary, arrange for home insurance, transfer or cancel utilities & service contracts, make moving arrangments, sign closing documents, and transfer money.
  4. Get the key to open your own home door/gate
    We give you the keys to your new home and the celebration begins

In essence, I do one client at a time to search, analyze, sort, locate and compare similar properties to identify the best opportunity for my client and make showing arrangements, document all sorts of communication, write a proposal or CPS, update marketing material, give away advice, assisted guide/tour, host Open House, advise land assembly to builder, investigate and confirm pertaining fact of the real estate you are interested to buy or sell.

Again, are you sure you’re ready to buy now?

Is your bank account ready to make some deposit?

Did you ask your bank or mortgage broker how much you could borrow to invest in real estate?

Do you know that when you sell your principal residence in Canada there is no income/capital gains taxes at all?

Are you ready to make an offer to purchase?

Is it a right time to buy now?

Markets go up, markets go down and even the smartest experts can’t accurately predict when a market will peak or bottom out. If you’re buying a home as a long-term investment (and for long-term enjoyment), you should be protected from short-term changes in the market. Pick a home that meets the needs of you and your family. Then you’ll enjoy living in your investment as it grows in value.

You can search by yourself but I can do way faster than you could think of because I am a realtor who can access inside data system. No charge for you to find your home when you buy it but only will cost you when you sell it. And I am going to pay your conveyancing legal costs on behalf of you! Plus, some incentive or high value gift as well!

Search now

Vancouver Market

You may not think that you need a buyer’s agent necessarily when you purchase because you are not paying any commissions. It won’t cost any extra money, as their fees are covered by the commission paid by the seller, which is a split between the buying and listing agent.

Some would speculate that the buyer’ agent’s service is not exacly “free” at the seller will weave the commission cost into the listing price. However, that listing price will not be any lower if you forego having a buyer’s agent and you would even end up with a bad or worse deal as you did not have an experienced professional negotiating your purchase in your side for the sole benefit/interest of you.

Understand a relationship with you.

Hiring a realtor when you buy/sell a property:

Realtor who has an agency relationship can provide serious questions; advice on price or how to negotiate it if you sign a paper with him/her for a client relationship.

To Korean clients
1. 어떤집을?

먼저 좋은집을 논하기 전에 여러가지 집들의 외부 형태와 소유권에 따라 분류해 보면 다음과 같습니다.

단지 고층 APT 의 형태를 말하는 것이 아니고 공동소유와 개별 소유가 구분되는 소유권 자체를 의미하는 말입니다. 그러나 일반인들에게는 통상 내부시설이 좋은 고층APT로 인식되어 있습니다. 공동사용하는 편리한 부대시설이 건물내부에 구비되어 있으나 관리비가 비싸며 내부공간이 협소한 편입니다.

단독주택들을 연립의 형태로 벽으로 붙어 연결되어 있는 형태로 콘도처럼 관리도 쉽고 단독주택의 분위기를 느낄수 있는 형태. 하지만 약간 관리비가 비싸며 단독주택에 비해 협소함.

토지이용의 효율을 높이기 위해 2채의 단독 주택을 벽으로 붙여놓은 형태, 거의 단독주택의 분위기를 느낄수 있으나 약간의 privacy 문제가 있으며 지붕등 집외부의 보수 및 관리시 어려운 일이 생길수도 있음.

2층이 없는 1층 단독주택으로 가족간의 privacy 보호는 약하지만 이웃에 대한 privacy는 가장 잘지켜지는 형태입니다. 꼭 필요한곳 이외에는 계단이 필요치 않아 어린이나 노인들에게 적합한 구조입니다.

2-3층 단독주택으로서 부지면적에 대비하여 비교적 큰 생활면적을 만들수있으며 층별privacy가 가장 잘 지켜질수 있는 보편적 구조.

2. 어떤순서로 부동산 매매 판단 기준을 결정해야 하나?

Mortgage 한도 및 계산

Mortgage 한도금액과 월 납부금액을 알아보기스스로 개략적인 본인의 Mortgage 한도금액과 월 납부금액을 알아보실수 있읍니다.
Mortgage 한도 및 계산 알아보기

4. 오퍼(Offer) 과정
5. Realtor(My Agent) 선정과 관계 정립

오퍼를 진행하는 과정에서 그리고 리얼터와 고객과의 관계에서 여러가지 중요한 사항과 내용들이 많이 있습니다만 일단 몇가지 큰 줄거리만 정리해 보았습니다.

Realtor의 역할은 한국의 부동산중개인의 성격과는 큰 차이가 있습니다. 특히 이민을 오시고 정착을 해가는 과정에 있어서 Realtor 선정은 사뭇 “배우자 선정”만큼 중요하다고 해도 과언이 아닐 것입니다. 지금 집을 당장 하나 계약하는 일이 중요한 것이 아니라 즉, 그 Realtor가 어떤 식견과 비전, 그리고 마음자세로 그 이민가정을 도와주고 영향을 끼치느냐에 따라 그 이민가정의 5년, 10년 그 이상 추후 노후에까지 그 가정경제의 안정과 흥왕에 아주 중요한 역할을 하게 된다는 의미일 것입니다.

Exit mobile version