FAQ

The first step is to determine your budget by getting pre-approved for a mortgage. From there, we’ll help you find the right home, schedule viewings, and guide you through negotiations and closing.

In Canada, the minimum down payment depends on the home’s price:

• 5% for homes up to $500,000
• 10% for the portion between $500,000 and $1 million
• 20% for homes over $1 million

The timeline varies. Finding a home can take weeks to months, and closing usually takes 30-90 days after an accepted offer.

Yes, a home inspection helps uncover potential issues and ensures you’re making an informed decision before finalizing your purchase.

Closing costs typically range from 1.5% to 4% of the home’s purchase price. These may include land transfer tax, legal fees, title insurance, home inspection costs, and adjustments for property taxes or utilities.

This depends on your financial situation and market conditions. Buying first ensures you have a new home secured, but it may mean carrying two mortgages temporarily. Selling first prevents this risk but may require temporary housing. We can help you assess the best strategy for your situation.

We offer a free home valuation, analyzing market trends, recent sales, and your property’s unique features.

Simple improvements like fresh paint, staging, curb appeal enhancements, and minor repairs can help maximize your home’s value. Your White Compass Realtor will offer personalized recommendations and the best options tailored to your needs.

Common costs include real estate commissions, legal fees, staging costs (if applicable), and any necessary repairs before listing.

If your home doesn’t sell within the expected timeframe, we’ll reassess our pricing strategy, marketing efforts, and staging recommendations. Adjustments, such as improving the home’s appeal or reevaluating market conditions, may be necessary to attract the right buyers.

A conditional offer means the buyer has included specific conditions that must be met before finalizing the purchase. Common conditions include financing approval, home inspection results, or the sale of their current home. If the conditions are not met within the agreed timeframe, the offer may be withdrawn.

A buyer’s market occurs when there are more homes for sale than buyers, leading to lower prices and more negotiation power for buyers. A seller’s market happens when inventory is low and demand is high, often resulting in higher prices and multiple-offer situations.

Spring and early summer tend to be the busiest seasons, with more listings and buyers. However, selling in winter may result in less competition, giving sellers a stronger negotiating position. The best timing depends on your specific goals and market conditions.

While it is possible to buy or sell on your own, working with a professional real estate agent provides expert guidance, negotiation skills, and access to exclusive market data. Agents help ensure a smooth transaction, minimize risks, and often result in better financial outcomes.

We offer personalized service, expert market knowledge, and a combined experience of 10 years. As your trusted advisors, we are dedicated to equipping you with the education and tools necessary to make informed and confident decisions. Whether you’re buying or selling, we’re here to guide you every step of the way.

Typically, the seller pays the commission, which is split between the listing agent and the buyer’s agent. Our competitive structure ensures you receive top-tier service and value.

Simply contact us! Whether you’re buying, selling, or just exploring options, we’d love to discuss how we can help you.