Jeff’s Timeline
to Possession

Here is a step by step overview of the process to help you!

Step 1 – Start Looking

  • Obtain pre-approved financing at your financial institution
  • Arrange deposit/down-payment for buying your home
  • I will provide you with MLS listings

Remember – I can show you any house, anytime, that is anywhere! Even if a home is listed with another agent OR company, I can show it to you.

Step 2 – Make An Offer

  • Writing up an offer containing conditions to protect you and address all of your concerns and needs
  • I will assist you in how much to offer and I will negotiate on your behalf to get the best deal possible
  • Conditions – I will ensure any conditions are met
  • Deposit is in place
  • Possession date

Step 3 – Conditional Sale of Home

  • Get mortgage approved/ financing in place
  • Inspections and removal of conditions
  • PCDS – The PCDS is a form completed by the seller, disclosing any known defects
  • I’m here for you! I will looks after all of these details on your behalf. It’s my responsibility to make this as smooth as possible for you.

Step 4 – Sold – Your New Home Awaits!

  • Meet with your lawyer to sign papers
  • Meet with your mortgage broker to sign papers
  • Arrange utility hook up
  • Arrange movers
  • Take possession of your new home!

What About Costs? 

What costs should I be aware of before purchasing my dream home? I have included a list of fees that you typically encounter when purchasing a home. Please keep in mind that these are approximate values meant to give you an outline.

  • Deposit– The amount required when you write an offer (typically $5,000 – $10,000)
  • Down Payment – Total cash required depending on mortgage amount
  • Inspection Fee – These are optional and at your discretion (typically $500)
  • Legal Fees – Title registration, mortgage registrations and lawyer fees (typically $1,000- $3,000)
  • Appraisal/ Mortgage/ CMHC – typically $400
  • Commissions – As a buyer you pay zero commissions. The seller pays all commissions.
  • Insurance  – You are required to have insurance in place prior to possession. Depending upon policy (typically $600 – $1,500)
  • Utilities – Installation, connection and deposit fees for: SaskTel, SaskEnergy, SaskPower, City of Saskatoon, Shaw Cable, etc.
  • Condo Fees – You are responsible for Condo Fees starting the month you take possession.
  • GST – There may be GST applicable on newly constructed homes, land, or commercial real estate.

Contact Jeff Now About Your Housing Needs