River City Realty's Step-by-Step Buying Process Made Easy: 

Interview with REALTOR®

Review mandatory Agency & disclosure requirements:

• Disclosure of Representation in Trading Services
• Disclosure of Risks to Unrepresented Parties
• Buyer Agency Exclusive Contract and Agency
• Acknowledgement
• Agreement of Conflict of Interest between Clients
• Also, discuss & create buying process & strategy.

Pre-approval stage

Meet with a Mortgage Broker to get pre-qualified, provide relevant financial information (Example: provide evidence of down payment, letter of employment verification, possible co-signer requirements). If already pre-approved, provide Mortgage Broker name & contact information to your REALTOR®.

Determine Buyer Criteria

Determine your wish-list for your property as to preferred location, price range, type of property, number of bedrooms / bathrooms etc. (price-point based on pre-approval information).

Home viewings

Based on your criteria, we will select homes that are currently listed on MLS (REALTOR.ca, Interface/XPOSURE), as well we will look at various sites including (but not limited to) properties listed by owner and on KIJIJI. We may also do a targeted mail-out, as well as search a data base of recently expired properties.

Offer Negotiation

Draft and present a contract on your behalf. Offer will include important dates and terms, including but not limited to completion, possession, purchase deposit, condition removal and included terms.

After Acceptance / Due Diligence

Once we get an accepted offer, perform the following tasks within the next 7 – 10 days:

• Buyer financing
• Home Inspection & Termite Inspection
• Home Insurance
• Title Search / Charges
• Building Information Report
• Offer Deposit
• Provide us with a lawyer / notary

Congratulations! Deal is firm

We send documents to your lawyer on your behalf.

Celebrate & Start Packing! 🥂

Arrange movers and begin packing. Review and execute changes to:

• Transferring addresses
• Fortis BC
• Hydro
• Canada Post
• Telephone Company
• Pet License, etc.

Final Week

• Contact your lawyer / notary & arrange time and date to sign papers.
• Review ‘Statement of Adjustments’ from lawyer
• Arrange final Purchase Deposit and closing costs
• Arrange date and time for walk-through / possession of your new home (with your REALTOR®)
• Purchase Deposit: Down Payment – Offer Deposit
• Arrange date for key exchange

Moving Day

• Walk through your new home with your REALTOR®. 
• Photo op with REALTOR®, BRAG on social media
• Refer your REALTOR® to your friends

Post-purchase Service

Based on our BUYERS SATISFACTION GUARANTEE, we will be staying in touch and assisting you any way we can.If you are unhappy with your home, we will resell it in the first 12 months after you take possession for FREE! Rest assured, you are our client for life and your absolute satisfaction is our goal!