Contact Information
Menu
Buying a home is one of the most significant decisions you’ll make. As a dedicated real estate group, the DR Real Estate Group provides unparalleled expertise to guide you through this journey. With extensive knowledge of the local housing market (including the Durham Region, GTA & surrounding communities) and a proven track record, we are committed to finding the perfect property that fits your needs and budget.
We specialize in working with first-time home buyers, retirees, and growing families, offering personalized service that ensures you feel confident and informed every step of the way. Our commitment to you, is that the buying process will be ALL about you and supports you in any way possible!
Our comprehensive client-focused approach includes market analysis, negotiation skills, and an extensive network of trusted professionals, making the home buying process seamless and stress-free.
Whether you’re looking for a cozy starter home or an expansive estate, the DR Real Estate Group is here to help you navigate the complexities of the real estate market with ease. Let’s turn your dream home into a reality!
At DR Real Estate Group, we provide insights into the current market conditions—whether it's a buyer's market, seller's market, or a balanced market—to help you make informed decisions. Our market insight includes an indepth analysis of average price, levels of new listings, active listings, sold listings, average days on market and sale price to list price ratio.
We'll discuss the average purchase price for the home you have in mind, ensuring your budget aligns with your desires. We have close relationships and with Mortgage brokers who can shed light on your budget.
We'll guide you through the closing costs, including land transfer tax and lawyer fees, as well as the down payment and deposit requirements essential to your purchase.
We start with an initial consultation to understand your needs, preferences, and budget.
 We’ll guide you in obtaining a mortgage pre-approval to determine your buying power.
 Based on your criteria, we’ll provide a curated list of properties that match your preferences.
Schedule visits to potential homes, providing you with detailed information and insights on each property.
We’ll provide insights into whether it’s a buyer’s market, seller’s market, or a balanced market.
Assess comparable properties to help you make an informed decision on offers.
We’ll help you craft a competitive offer, considering price, terms, and contingencies. We also utilize our expert negotiation skills to ensure you get the best possible deal.
We also need to provide a deposit after an offer has been accepted. This is typically done within 24 hours of accepting an offer and the amount of approximately 5% of the purchase price. There are certain instances where the deposit amount is more or less. It’s all dependent on the specific property.
Follow-Up: Stay in touch for any post-closing questions or future real estate needs.
In your quest for the perfect home, you’ve come to the right place. At DR Real Estate Group, we are dedicated to making your dream home a reality. With our expert guidance, we’ll navigate this exciting journey together, ensuring you find the ideal property that meets your needs and exceeds your expectations.
Consider your income, existing debts, credit score, and the down payment you can afford. The best way to determine your buying power, is to connect with a Consult with a mortgage broker.
I work with a group team of mortgage professionals who can help you with this process. I am more than happy to make an introduction.
Before you start your home search, it’s crucial to determine your budget, get pre-approved for a mortgage, and identify your priorities and preferences for your future home.
I work with a group team of mortgage professionals who can help you with this process. I am more than happy to make an introduction.
To make a competitive offer, be prepared with a pre-approval. I present current market conditions to all my clients, and explain to them the what the market views as a competitive offer. At times, this might mean forgoing the financing and inspection clause.Â
Besides offering a competitive price, consider including a personalized offer letter, being flexible on closing dates, and showing financial readiness with a large deposit and pre-approval letter.
A home inspection is crucial to identify potential issues with the property. It provides you with a comprehensive overview of the home’s condition and can help you make informed decisions before finalizing the purchase.
With the help of an home inspector, we can determine what costs would be incurred. in the near future.
Yes, there are programs such as the (i) First-Time Home Buyer Incentive, (ii) the Home Buyers’ Plan, (iii) Land Transfer Tax Rebate, and (iv) First Home Savings Plan that offer financial assistance and tax benefits for first-time buyers. Your realtor can help you explore these options.
Closing costs typically range from 1.5% to 4% of the home’s purchase price. They include expenses like land transfer tax, legal fees, and home inspection costs. I can provide a detailed estimate based on your specific situation.
The closing process can take anywhere from 30 to 90 days. Factors include the complexity of the deal, financing approval, time required by your bank and real estate lawyer, and negotiation terms.
I have personally helped clients close on a deal as fast as 12 days.
Consider factors such as proximity to work, schools, amenities, safety, and the overall vibe of the community.
I have the necessary tools in place to provide data on these requirements.
Common clauses include financing, home inspection, and appraisal. Including these safeguards provides you with the opportunity to renegotiate or withdraw your offer if necessary.
In addition, we protect our clients best interest by including clauses to ensure all chattels and fixtures are in good working order, there are no outstanding work orders on the property, all major renovations are completed with a building permit, there are no material latent defects and much more.
A deposit is a sum of money provided by the buyer as a show of good faith and commitment to the purchase of the property. It is usually given when the buyer submits an offer to purchase, and the offer is accepted by the seller. The deposit is often provided within 24 Hours and is held in trust, often by the seller’s real estate brokerage, until the deal is finalized.
The down payment is a crucial part of the homebuying process, and the percentage required can vary, with 20% of purchase price being a common benchmark. In some cases, buyers may be eligible for mortgage programs that allow for a lower down payment.
The deposit provided is part of the downpayment.
Yes! I have a list of trusted professionals that I recommend to all my clients. This list includes: Mortgage Professionals, Real Estate Lawyers, Insurance Providers, Professional Movers, Professional Home Inspectors, Electricians, Plumbers, Handymen, and many more.
Proudly Serving:
Durham Region and Surrounding areas
© 2024 DR Group Real Estate- All Rights Reserved.
