Return to flip book view
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
Jeremy Nagel Canada Mortgage Direct 403 242 5547 jeremy canadamortgagedirect com www jeremynagel ca Shannon DeRosa Canadian Mortgage Lender Inc 403 805 6502 shannon derosa cmlmortgages com www shannonderosa ca Cheryl Sanguinetti The Mortgage Gallery 403 809 6217 cheryl themortgagegallery ca www themortgagegallery 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
CANPRO INSPECTIONS LTD. Larry Pineda403-630-6992Email: lpineda@canproinspections.cawww.canproinspections.caHOME CRAFTERS INC.403-292-1600Toll free: 1-888-881-8191Email: info@homecrafters.netwww.homecrafters.netPILLAR TO POST403-660-7678Toll free: 1-800-294-5591Email: bob.pozniak@pillartopost.comwww.pillartopost.com/calgaryLANRON INSPECTIONS INC.403-870-3081Email: lanron@gmail.comwww.lanroninspections.com
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
CDIC INSPECTIONS403-228-6770Email: nina@cdicinspections.comwww.cdicinspections.comCONDO CHECK403-509-2250 Toll Free: 1-866-929-2462Email: intake@condo-check.comwww.condo-check.comCONDO MAX403-278-7310 Email: jj@condomax.infowww.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
RON THIBEAULTLeClair Thibeault Barristers & Solicitors106, 2411 - 4th Street NW, Calgary, AB T2M 2Z8Phone: 403-245‑3500Fax: 403-245-3357Legal Assistant: Corinne LavelleEmail: CorinneL@calgarylaw.comhttp://www.calgarylaw.com/RYAN MACKAYDiamond & Diamond Lawyers106, 8060 Silver Springs Blvd. NW, Calgary, AB T3B 5K1Phone: 403-800-8000Fax: 403-800-9000Email: albertadeals@diamondlaw.cahttps://diamondlawab.ca/real-estate-dev/ ALI TISDALLKahane Law Office7309 Flint Road SE, Calgary AB T2H 1G3Phone: 403-225-8810Fax: 403-225-8289Email: info@kahanelaw.comhttps://kahanelaw.com/MARTIN ARKELLArkell Law4620 Manilla Road SE, Calgary, AB T2G 4B7Phone: 403-531-4155 Fax: 403-532-2350 Email: martin@arkell-law.comhttps://www.arkell-law.com/LAWYERS
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. Ryan HawkinsC: 587-582-4590O: 403.247.9988E: ryan@TheMcKelvieGroup.comwww.TheMcKelvieGroup.com
Ryan HawkinsREALTOR®ryan@themckelviegroup.comBorn and raised in Saskatchewan, Ryan Hawkins grew up playinglots of sports, mostly hockey. He is an avid traveler and has visited15 countries, including Australia, where he lived and worked for ayear before returning to Canada. Ryan moved to Calgary in 2019. Hewas looking for the ‘Big City Life’ without living in a concrete jungle.Calgary fits that bill perfectly! He appreciates the opportunities thatexist within and outside the city. Whether that’s sporting events or ahike in the mountains, Calgary has provided a lifestyle that heenjoys. It is his forever home, providing all he needs and the lifestylehe wants.Before becoming a realtor, Ryan was a restauranteur for sevenyears. He learned two important things during that time: First, astrong first impression is a lasting impression. Second, that excellentmarketing strategies and campaigns keep you top-of-mind withcustomers. These two principles guide his marketing plans andselling strategies.Ryan’s business is built on being transparent and honest. Providingall relevant information and looking outside the box is why hisclients love working with him.
IMPORTANTFORMS