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Buying a Home


Getting Started

On Buying a Home

Buying a home is one of the largest financial transactions you will make in your life, so there are many important questions and decisions to make when purchasing a property. North Elm Realty Group with Century 21 First Canadian Corp., Brokerage, goes beyond the transaction and will be there with you every step of the way. From the initial consultation, our team at North Elm Realty Group will gather an in-depth understanding of your needs, wants, and goals in real estate.


Relocating from another area made simple.


Here to assist in making a lifestyle change.

First Time Buyers

An exciting first step that needs an expert.


Gain expert advice in a time of growth.

Professional Guidance

Buyer Agent Services

Our team at North Elm Realty Group provides dedicated service and professional guidance to each and every client when buying a home.  Get started with our buyer agent services by clicking below to learn more.

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Buyer Glossary


A pre-approval is a qualification from a mortgage professional or financial advisor determining the amount that you are able to purchase a property for. Often your approval will be provided for a period of 30-120 days.


An appraisal is an estimated value of a property. Often appraisals are completed on a property by certified appraisers for the purpose of qualifying a mortgage on a property, refinancing or to determine taxes owed.


A deposit is a portion of your down payment that is paid within 24 hours of the offer being accepted. This is held in a trust account at a brokerage or lawyer’s office until the closing date.


When offering on a property you can request a financing condition in your offer. This will ensure that you’re able to obtain a mortgage and that the property meets the lender’s requirements prior to purchasing the property.

Down Payment

The down payment is a lump sum of money put towards the purchase of a property on the closing date. In most cases, the minimum down payment is between 5% and 10% of the purchase price.


When offering on a property you can request an inspection in your offer. An inspection is a viewing of the property with a home inspector to determine potential issues with the property prior to purchasing.

Final Viewing

Prior to the closing date on your property, we will conduct a final viewing. This is to ensure that the property is in the same condition as when purchased and that all items requested in the agreement are completed.

Status Certificate

When purchasing a condominium we will review the Condo Status Certificate. This is a document that states the rules, regulations, finances, upcoming changes, and declaration of the condominium corporation.