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This guide is designed to to identify all of the steps inthe home buying process so you can feel confident tomake informed decisions and know that we are withyou every step of the way. Please take time to reviewthis information. Every real estate transaction isunique, so you will most likely have questions that arenot covered here. We will assist you through eachstep, answer any questions, and help you find thatright home.THANK YOUFOR CHOOSING THE McKELVIE GROUP
KELLY McKELVIE………………….............(403) 804-7793President, Real Estate Agent …........ Kelly@TheMcKelvieGroup.comPAUL MORRIS…………………................ (403) 804-6437Managing Director……….….................Paul@TheMcKelvieGroup.comRICK EASTHOPE………………….............(403) 999-1397Real Estate Agent ..…………….............Rick@TheMcKelvieGroup.comJULIE BOUCHARD….…..………..........(403) 835-0783Real Estate Agent ..………….............. JulieBouchard@TheMcKelvieGroup.comJONN VANBRYCE….…..…………............(403) 703-5668Real Estate Agent ………..…................ Jonn@TheMcKelvieGroup.comJAS AMROK..........….…..………….......... (587) 447-8778Real Estate Agent ………..…................ Jas@TheMcKelvieGroup.comRYAN HAWKINS.........….…..………....…(587) 582-4590Real Estate Agent ………..…................Ryan@TheMcKelvieGroup.comALAN GHIMIRE ..........….…..…………... (403) 816-9431Real Estate Agent ………..…............... Alan@TheMcKelvieGroup.comJULIE DOBSON….…..…………..............(403) 247-9988Office Manager..………..……............... Julie@TheMcKelvieGroup.comTRACY KEEN………………….…................(403) 247-9988Marketing Manager…………............... Tracy@TheMcKelvieGroup.comCONTACTOFFICE: 403-247-9988 FAX: 403-775-5203WEBSITE: www.TheMcKelvieGroup.com
THE HOME BUYING PROCESS
Pre ApprovalThe Home SearchWrite An OfferConditional SaleHome InspectionFinancingCondo DocumentsFirm SaleLawyerPossession
The most important step in buying a home is determining a realisticexpectation of what you can afford.The first step is getting pre-qualified for your mortgage.If you already have a Mortgage then you may want to speak with yourexisting financial institution about your financing options. Can youkeep or “port” the mortgage that you have now, or should you get anew one? Another option to the traditional lender is to acquire the services of amortgage broker. A mortgage broker can negotiate favourable termsand rates on your behalf, and typically work with a concierge oflenders including mortgage financing companies. The broker’s feesare paid by the lender when your mortgage is released.Once you have established a price range, the home search begins.PRE APPROVAL
Shannon DeRosa Canadian Mortgage Lender Inc 403 805 6502 shannon derosa cmlmortgages com https www mortgageweb ca en US sderosa Services Cheryl Sanguinetti The Mortgage Gallery 403 809 6217 cheryl themortgagegallery ca www themortgagegallery ca Julie and Andy Jeffrey DLC Elevation Mortgage Calgary 403 828 8832 julie elevationmortgage ca andy elevationmortgage ca https elevationmortgage ca
Where do you want to live?Remember to consider schools, shopping, churches, communitycenters, transit, and transportation to work when considering acommunity.Make a Wish ListIt’s time to decide what you want in a new home. Make a list of things that are must haves and things that would benice to have in your new home, such as number of bedrooms,bathrooms, upgrades, yard, basement development, garage etc…To help you organize your home search we will set you up on acustomized search based on your specific criteria. All new listingswhich come on the market that meet your criteria will deliveredthrough e-mail. When you see a home that excites you, we will set upan appointment to view it immediately.THE HOME SEARCH
LET'S REVIEW1. Initial consultation in our office2. Get a mortgage approval to establish how much you can spend3. Determine your wants and needs4. Customized search5. House hunting
When we find the home that best suits you, then it is time to makean offer.Step By Step Negotiating Process1. Purchase Price2. Goods Included3. Possession Date4. Conditions5. DepositMAKE AN OFFEROnce the negotiations are successful and both the Seller and theBuyer have signed the contract, we have a conditional sale.This time frame is rarely longer than a week and this is the time thata buyer has to do their due diligence such as have their financingapproved for the sale and to have a home inspection done on theproperty.CONDITIONAL SALE
We recommend a home inspection of every home. Buying a home maybe one of the biggest investments that you will ever make and it isimportant to know the condition of the home you are purchasing.Home inspections are done to ensure that you receive an objective,professional inspection that is free from conflict of interest. That meansthe home inspector is working for you – not for your real estate agent.Home inspectors are not contractors and they do not benefit from thesale or repair of a home. Your inspection should be unbiased andobjective.Having said this, it is also important to remember if you are buying apre-owned home, it is not going to be perfect. There will be normalwear and tear that comes with a pre-owned home. There may be smallissues that need attention. This is to be expected. The spirit of a homeinspection is to identify the larger issues – the costly inspection issuesyou were not expecting that may affect your decision to purchase thehome. If a home inspection should show something unexpected andyou would like to proceed with the purchase of this home, we will workwith the sellers and their agent to try and come up with a mutuallyagreeable resolution.HOME INSPECTION
HOME INSPECTORS JCHI HOME INSPECTIONS 403 606 4546 Email jchihome gmail com http www jchi ca HOUSE TO HOME inspections 403 998 6749 Email ryan housetohomeyyc com https www housetohomeyyc com HOMESTEAD INSPECTIONS Adam Stauble 403 679 9073 Email info homesteadinspections ca https www homesteadinspections ca ab out
The lender will require documentation to verify the informationprovided on the application. It will vary depending on your situation. If you are on salary or paid hourly and guaranteed hours you will needa current job letter and pay stub. If you are paid hourly and not guaranteed hours or paid commission,you will need to send in your last 2 years Notice of Assessments and/orT4’s, as well as a job letter and most recent pay stub.If you are self employed you would need to business license or articlesof incorporation along with 2 years financial statements, T1 generalsand Notice of Assessments. If your down payment is from savings in your bank account, providethree months of bank statements. The statements must state youraccount number and name.If your down payment is from investments (RSP, GIC, Stocks, Bonds),provide three months of account statements with name and accountnumber showing.FINANCING
If your down payment is a gift, provide a copy of a gift letter and proofthat the gift has been deposited into your account.If you are separated or divorced you would need to provide theagreement.You will be required to provide a personalized void cheque from theaccount you want your payments to come out.Please note this is a standard list of documents, however the lender mayrequire more documents. If you already own a home and plan onkeeping it you will need to provide current mortgage statement,property tax statement and lease agreement if you plan on renting it.
When buying a condo, you willwant to review the documentpackage and examine all aspectsof the condominium complexyou are buying into. You may want to consider usinga professional who will assist youin this process.CONDODOCUMENTS
ALBERTA CONDO REVIEW 403 498 7853 Email info albertacondoreview com https www albertacondoreview com contact 8 CONDO CHECK 403 509 2250 Toll Free 1 866 929 2462 Email intake condo check com www condo check com CONDO MAX 403 278 7310 Email jj condomax info www condomaxinc com
A FIRM SALEOnce all conditions have been satisfied you can now "waive" orremove the conditions. When this happens, you now have a Firm Sale.CONGRATULATIONSAll the legal paperwork should be done through a lawyer who doesconveyancing - the legal side of buying & remortgaging property.Inform them that you have bought a home and when you will bemoving. They will tell you what they need from you, and you will becontacted 1 to 2 weeks prior to your possession date. Once you havechosen your lawyer, please contact your realtor and your financialinstitution with the name and phone numbers.LAWYERS
Ryan MacKay Diamond & Diamond Lawyers(Previously MacKay Real Property Law)Suite 106, 8060 Silver Springs Blvd. NW Calgary, AB T3B 5K1Phone: 403-800-8000Fax: 403-800-9000Email: albertadeals@diamondlaw.ca Bill Leclair & Ron Thibeault LeClair Thibeault Barristers & Solicitors106, 2411 - 4th Street NW, Calgary, AB T2M 2Z8Phone: 403-245‑3500Fax: 403-245-3357Legal Assistant: Corinne LavelleEmail: CorinneL@calgarylaw.comBianca Kratt Parlee McLaws3300 TD Canada Trust Tower421 7 Avenue SW Calgary, Alberta T2P 4K9Phone: 403-294-7014Fax: 403-265-8263Email: bkratt@parlee.comAli TisdallKahane Law Office7309 Flint Road SE, Calgary AB T2H 1G3Phone: 403-225-8810Fax: 403-225-8289Email: info@kahanelaw.comMARTIN ARKELLArkell Law4620 Manilla Road SE, Calgary, AB T2G 4B7Phone: 403-531-4155 Fax: 403-532-2350 Email: martin@arkell-law.comLAWYERS
As soon as you know your moving date, you will want to arrange foryour mover or truck rental. To help ensure a smooth move, one of the best things that you can do isto make a master checklist of things that you will need to do.MOVING CHECKLISTArrange for a moving Company (We recommend getting 3 estimatesand reading reviews).Arrange for house and contents insurance, and send a copy to yourlawyer.Set up house taxes T.I.P.S. with the city of Calgary.Advise the post office of your new address & effective move-in date.Set up your telephone.Set up your gas.Set up your electric.Set up your cable TV & internet.Change address with banks & credit card companies.Change your vehicle registration & insurance.Change your address with schools, clubs, doctors, dentists & vets.Here are some important things to remember:
SHAW CABLE………………….….. 403-716-6000TELUS…………………………….…...403-310-2255ATCO GAS………………………......403-245-7888ENMAX……………………..……......403-310-2010T.I.P.S. City of Calgary…………..403-234-7480WEBSITES: www.calgary.ca - The City of Calgary Websitewww.cssd.ab.ca - Calgary Catholic School Boardwww.cbe.ab.ca - Calgary Board of EducationIMPORTANT PHONE NUMBERS
On possession day we will meet you at your new house.At this time we will do a walk-through and make sure that everything is inworking order and in the same shape as it was when you made the offer.Make sure that you check everything at this time, including all electricalappliances, the fireplace, toilets, jetted tubs, air conditioning and thefurnace, and make sure that everything is in proper working order. Ifsomething is not working, please tell us so that we can contact yourlawyer.Also need to make a note that although the time on the purchasecontract says that possession is at noon, keys cannot be released to thenew owners until the sellers' lawyer has received all the funds for thesale. On rare occasions, there can be a delay, and because of this, it is nota good idea to have a moving company or cleaning company booked tobe at the new house for noon. Once the lawyers have called us with thisinformation, we hand the keys over to you.NOW THE HOUSE IS YOURS!POSSESSION DAY
Even though you have moved into your new home, our job is notfinished. If you ever have any questions or concerns, please call us. We wantto make sure you are happy in your new house, and we want to dowhatever we can to make that happen.WELCOME TO YOUR NEW HOME!
THANK YOU! Thank you again for choosing us to assist you in the purchase of your new home. JULIE BOUCHARDC: 403.835.0783O: 403.247.9988E: juliebouchard@TheMcKelvieGroup.comwww.TheMcKelvieGroup.com
Julie BouchardREALTOR®JulieBouchard@themckelviegroup.comJulie brings a wealth of experience in the competitive and customer-focused industries of aviation and recruitment.For two decades she has always strived to go above and beyondand add value to the customer experience by “leaving no stoneunturned” in discovering ways to ensure a positive solution to clientneeds.Another facet of her skill-set, is a formidable negotiation ability,developed to ensure her clients also receive the best value possible.This meshes perfectly with The McKelvie Groups’ own, uniquepeople-centric philosophy and agency-quality marketing - the twopillars of ongoing success in the Calgary and area market.Originally from Quebec City, Julie is bi-lingual and obtained a lawdegree at McGill University.You’ll be hearing and seeing more of Julie Bouchard, as she will beinstrumental in making the real estate dreams and goals of ourclients a reality with her enthusiasm, knowledge, positivity and greatsense of humor.
REFERENCES"For my first experience buying a home, I was impressed by thiscompany and how they handled everything. My realtor Julie wasawesome. She helped me in every way. I certainly wouldrecommend this company to anyone buying a new home. Thankyou very much. Love my condo! "- KA"Julie Bouchard was patient and attentive. Not only did she helpfullyprovide insight on items we may have overlooked (ie. Poly B) butalso referred us to helpful second opinions about electrical,inspections, furnaces, and so on. If you are fortunate to enlist theMcKelvie Group for both the purchase and a sale, you won't bedisappointed."- Bryan & Amy"Your team works well together from office support to physicalmaterials (signs and handouts), and of course, Julie Bouchard was alevel and knowledgeable voice during the search. We would nothave found our new home without her help. Thanks again for yourhelp! Your team is great!!!"- Lucas & Kristy"Our realtor Julie Bouchard was absolutely the best! She not onlywas available for bookings and queries in a timely manner BUTALSO paid out of pocket for a portion of the repair another realtorwas responsible for. Julie Dobson is an administrative guru!!"- L. McGregor
REFERENCES"Everything from start to finish was awesome. Julie is wonderful."- Kathy"Julie Bouchard was very kind, professional and timely. She waswonderful to work with and kept us updated through every step."- Maddy G."This is the third time I've employed the McKelvie Group to sell/buya property. I've never failed to be very impressed. This time ouragent was Julie Bouchard and she was absolutely terrific! I wouldnot hesitate to recommend the McKelvie Group. The McKelvieGroup sold both my properties in less than five days."- Richard G.
IMPORTANTFORMS