Identify Your Housing Needs

Now that you know what you can afford, identify and prioritize the features you want in your new home. Once you’ve created your list, don’t forget to register for our Buyer’s Instant Notification System.

Get Pre-Qualified and Pre-Approved for a Mortgage

Get pre-qualified for a mortgage. You need to work with your mortgage banker or mortgage broker and provide your income, total of savings, RRSP, and any investments you have. They’ll review your information give you a rough estimate of how much they can lend you.

Find A Realtor You Can Trust

Choose an experienced realtor that you can trust with your Edmonton area real estate needs and who represents your best interests. Learn more about the role of the “Buyer Sales Representative”.   

Start Your House Hunting for a Home

Focus on viewing homes in the Edmonton area that meet your criteria (price, location and features). This will save you time and energy. Ensure you provide us with your criteria so we can be as effective as possible.  Learn more about the criteria you should look at.

Make an Offer

When you find your dream home, you should present a competitive offer immediately. Nooran will work with you in developing an offer price based on recent sales of similar homes in the same neighbourhood.

Review Sale and Conditional agreement

When an offer is made it is usually made with conditions (ranging from conducting a final inspection, condo documents review to financing) and is known as a conditional offer. Learn more about common conditions. These conditions are known as “contingencies.”

Arrange for Homeowners Insurance

Homeowners insurance is normally only necessary if you have a mortgage, but even if you don’t have a mortgage, home insurance is still crucial for safeguarding your investment.  

The Final Step to a Successful Closing

Your lawyer will now prepare the closing documents.  Congratulations! Now that the condition(s) of sale have been met, the property is considered sold FIRM.

Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.