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contact us(289) 389 6846U L T I M A T EE M P O W E R E DH O M E B U Y E R SG U I D E

H E L P I N G Y O U B U I L D G E N E R A T I O N A L W E A L T H A N D R E W C A R N E G I E"90% of all millionaires become so through owning real estate."

MEET THE MRN TEAM SANDY MACKAYFounder & Real Estate SalesRepresentativeWith more than 10 years in the real estate industry, Sandy is an experienced investor, a realestate entrepreneur, and a visionary for building generational wealth through real estate.With his expertise in the investment world, he decided to share his knowledge, and since 2014to date, he Co-hosts the number 1 Canadian real estate investment podcast Breakthrough RealEstate Investment Podcast (#1 Canadian REI podcast, over 2,000,000+ downloads)His consistent and strategic work has led him to build multiple million-dollar businesses in realestate including a realtor team selling 300+ units a year, a property management company, andan investment company. Sandy's success can be attributed largely to his ability to build andlead teams. His passion is helping others to achieve financial freedom, build generational wealth, and liveepic lives. MIKE JOHNSONTeam Lead & Real Estate Sales RepresentativeMike is a talented and accomplished individual, proudly born and raised in Halifax, NovaScotia. With a deep passion for entrepreneurship, Mike has always been driven to succeed inhis career. After earning his MBA from Wilfred Laurier, he began working as a corporateemployee at Honda Canada.Despite his success in the corporate world, Mike felt a calling to explore the world of realestate. He joined Mackay Realty Network as a licensed Realtor, and quickly establishedhimself as a top performer. In his very first year as a realtor, Mike sold an impressive 52houses.Mike's talent and dedication did not go unnoticed, and he was soon promoted to Team Leadat Mackay Realty Network. In this role, he oversees a team of agents, helping them to achievetheir own success in the world of real estate. Mike's leadership skills have been instrumentalin the growth of MRN, and he has doubled his agent count from 2021 to 2022.Through his hard work, dedication, and entrepreneurial spirit, Mike has established himselfas a leading figure in the world of real estate in Hamilton. He takes great pride in his work,and is always striving to achieve the best possible results for his clients.

Director of Client CareKristan Billing mackayrealtynetwork.comMeet the Operations TeamTransaction CoordinatorJessie FraserDirector of MarketingJade BrownMackay Realty Networkis partnered with a full- service real estate platform designed to make the buying, selling and investing process as seamless as possible. What does this mean for you? You will have access to the best resources to help achieveyour real estate goals. MacKay Realty Network'sclient care department will reach out to you, to help keep everything on track, and make sure the entire process, from signing the paperwork tothe closing, is trouble free!

CANADIAN HOUSING TRENDS

CANADIAN INTEREST RATE TRENDSSource: Bank of Canada

RELATIONSHIP BETWEEN INTEREST RATES AND MORTGAGE PAYMENTS

DO YOU HAVE A HOME YOU NEED TO SELL FIRST?FIND OUT WHAT THE MORTGAGE PENALTY WILL BE Get the full amount in writing.SCHEDULE AN APPOINTMENT WITH A REALTORShould you buy or sell first? What are your options? Do you have a back up plan?Set up an appointment to have a Realtor walkthrough your property and receive an accurateevaluation.Get two values – the original and quick sale amountDiscuss and review your options with someone thathas the experience and the knowledge to walk youthrough the process.Our professionals are here to help you with all yourreal estate needs, including helping you sell yourhome!

OUR HOME BUYING PROCESS

FINDING A MORTGAGE BROKERFind ing Your BrokerAsk for recommendations: Ask your friends, family, and colleagues if they know any mortgagebrokers they can recommend. You can also ask your real estate agent for a recommendation, asthey often work with mortgage brokers.Look for experience: Choose a mortgage broker who has several years of experience in theindustry. An experienced broker will have a good understanding of the market and will be able tofind you the best deal.Check their reputation: Look for online reviews of the mortgage brokers you're considering. Youcan check their website and social media pages for reviews or search for them on Google.Schedule a consultation: Once you've shortlisted a few mortgage brokers, schedule aconsultation with them. During the consultation, you can ask them questions about theirservices and get a sense of whether they're a good fit for you.Compare rates and fees: Finally, compare the rates and fees of the different mortgage brokersyou've spoken to. Choose a broker who offers you the best deal and has your best interests inmind.If you're planning to buy a home in Ontario, chances are you probably need to get a mortgage. Amortgage is a type of loan that is used to finance the purchase of a property, and it can be acomplicated process. That's where a mortgage broker comes in - they can help you find the bestmortgage deal that suits your needs.Here are some tips on how to find the perfect mortgage broker in Ontario:1.2.3.4.5.By following these tips, you can find the perfect mortgage broker in Ontario who can help you getthe best mortgage deal and make the home buying process a smooth one.

HOME BUYING COSTS DOWN PAYMENT1.Typically, 5 - 10% of the purchase price due atclosing. 2. DEPOSIT$10,000 - $25,000 portion of your down paymentdue on offer acceptance. 3. HOME INSPECTION FEE A home inspection is a report on the condition ofthe home and generally costs around $450 + Tax.4. LAND REGISTRATION FEE The cost is a percentage of the purchased price.5. LEGAL FEES & DISBURSEMENTSIf your down payment is under 20% you are considered a high-ratio mortgage and the lender will require you to purchase insurance. Approximately $1,500-2,000 + HST due upon closing.6. MORTGAGE LOAN INSURANCE PREMIUM To reimburse the seller for pre-paid costs such asproperty tax, utilities and so on. Costs around $400-600.7. PRE-PAID PROPERTY TAX AND/OR UTILITY BILL ADJUSTMENTSThis is required by the mortgage lender as the home issecurity for the mortgage. It covers the replacementcost of your home and its contents and must be inplace on closing day. Often this can be paid monthly.8. PROPERTY INSURANCE

HOME BUYING COSTS9. SURVEY & TITLE INSURANCESurvey: expect $2,500 plus title Insurance: costsrange between $400-600.10. STATUS CERTIFICATEThis fee applies when buying a condominiumand is usually $100.11. SEPTIC TANKIf the house has a septic tank, it should be checkedto make sure it is in good working order. Sometimesyou can negotiate the cost with the seller andinclude it in the Offer to Purchase, between $400-600.12. LAND TRANSFER TAXPurchase price can impact these costs significantly. It is best to contact a reputable solicitor for an accurate quote.Approximately $6,500 on a $450,000 purchaseprice. As a first-time home buyer, you may beexempt. CLOSING COSTS

PUTTING YOU FIRST IS OUR #1 COMMITMENT Finding a new home can feel like a daunting task. Our team is made up of the right people, with a wide range of expertise, empowered with the technology to make sure your search feels effortless. We have built an unparalleled network and have the local market knowledge required to succeed in today's competitive climate. It is not just about finding you a home; we will find you your dream home. Exceptional clients deserve exceptional agents who always communicate, always put you first and never settle. WHY SHOULD YOU CHOOSE OUR PROFESSIONALS?

When you work with us, you work with an extraordinary team of experts. We never run out of time for you because each of us is separately responsible for specific tasks in the sale of your property. ALL-IN-ONE SUPPORTLISTING AGENTS TRANSACTIONTEAMCLIENT SERVICES AGENT SERVICES HOME STAGINGMARKETINGTEAMPHOTO & VIDEOGRAPHER PROFESSIONAL NETWORK YOUR REALTOR & YOU! INSIDE SALES

OUR COMMITMENT TO YOU WE ARE COMMITTED TO:Listen well and work with you to deeply understand the type of home you arelooking for, your budget requirements and any other special situations or needs thatmay come up.Keep your needs top of mind when previewing new properties and advise youimmediately when we see something that matches your requirements.Use our technology to your advantage by quickly aggregating new listings, pullingonly those that are relevant to your needs, sending them to you as soon as they hitthe market.Show you all available properties, including those offered by discount brokeragesfirms, ‘For Sale by Owner’, expired or about to expire listings and homes not yet onthe market if they fit your requirements.Do whatever it takes to find find your dream property for you and your family. (Ex:door knock in desired neighbourhoods, advertise, connect with network, etc.Use our negotiating skills to get you the best price possible on your chosen propertyand ensure that the whole transaction goes smoothly. Put you in touch with services and experts you will need to complete thetransaction of purchasing a home, including lawyers, home inspectors, contractors,mortgage brokers, etc.Handle all the details to ensure a smooth transaction, from beginning to end.

Where are you looking to move to?Why?Do you have any specific locations or neighbourhoods in mind? What services do you need nearby?How many people are going to live there?Do you have any pets?How big of a backyard would you like? YOUR DREAM HOMESO YOU HAVE DECIDED TO BUY A HOME. BEFORE ANYTHING ELSE, IT IS A GOOD IDEA TO SIT DOWN AND CLARIFY YOUR MOTIVATIONS AND DRAW UP A BASIC TIME FRAME FOR THE BUYING PROCESS.LOCATIONSPACEElementary SchoolsHigh SchoolsPublic TransitHospitalWorkplace/ jobChurch or place of worship Gym or recreation centreAirportOther?

What is the price range you are looking to buy in?What monthly payments are you comfortable with?If you own your current home, what are you hoping to sell it for? When would you like to be moved out by?When are you looking to purchase by?PRICETIMELINETYPE OF HOMEBungalowMulti-StorySide or back splitDetachedSemi/TownhouseCondo/apartmentInvestment propertyVacation HomeCommercial spaceOther?TYPE OF COMMUNITYRuralCitySmall TownNew Neighbourhood/developmentOld/ Established NeighbourhoodOther?

mackayrealtynetwork.comRetiring faster and wealthierFinancial independence and generational wealthSupporting your child’s education and housing needsA true feeling of freedom through home ownership What’s an Empowered Homeowner? A homeowner who is equipped with all the education and resources theyneed to drastically enhance their homeowner experience, and improve theirfamily’s opportunities for generations to come.Our founder, Sandy Mackay, comes from a background in real estate investingand education. Sandy has hosted the longest running Canadian real estateinvesting podcast since 2014. With 3 million+ downloads, it has long been oneof the top podcasts in Canada. You can find The Breakthrough Real EstateInvesting Podcast on all the podcast platforms or atbreakthroughreipodcast.ca.Since 2016, MRN has been empowering homeowners to build generationalwealth through real estate. We view homeownership both as a path tocreating incredible memories with your family and friends, and as a path tofinancial independence. We specialize in guiding you through your personal path to financialindependence through homeownership. Through our Empowered HomeownerProgram, you too could achieve incredible milestones in your life such as:As Canadians, you have one of the greatest opportunities on the planet tobuild a legacy for you and your family through homeownership. We’d behonoured to serve you and help you become the next EmpoweredHomeowners! MRN’s mission is to create empowered homeowners.

P: (289) 389 6846E: info@mackayrealtynetwork.comLet's connect on social!@mackayrealtynetwork