Your home search to buy a home in Oak Bay may begin with a visit to our listing mapping tool. It’s fun and easy to find the homes you want to see in the village of Oak Bay. Your REALTOR® can provide more detail on a property’s sales history, owner disclosures, and taxes.
When you become a client of Pemberton Holmes, you can receive information on other important factors such as taxes, utility costs, school, and recreation services that could influence your decision to buy a home in a particular area.
To save time, you may want to receive a regular email with new listings that suit to your preferences. If you see something you like, it’s an opportunity to view the home right away. Ask your REALTOR® for more information on our Oak Bay home buyer services.
When you’re ready to make an offer, your Pemberton Holmes REALTOR® will write a sales contract that is attractive to the seller without compromising protection for your interests. An offer to purchase shows the seller the price, terms, and conditions that are most favourable to you with an invitation to respond or accept.
Price negotiation is a skill that REALTORS® develop through training and practice. It’s an interdisciplinary skill that involves assessing overall value by examining condition, location, and comparable property sales.
Your REALTOR® is required by law to act with fiduciary duty. It’s the highest standard of care in a professional relationship and it means that we’re looking out for your best interests each step of the way. When you buy a home with Pemberton Holmes, you’ll receive the highest standard of representation in the industry.
Once the sales contract is approved by both parties, the next step is due diligence to make sure you’re getting the asset you’re paying for. A home inspection will reveal condition issues that may influence your decision. The due diligence phase is the last opportunity for a buyer to inspect the property in detail and walk away or renegotiate the price if issues are discovered.
A “clear and marketable” title means that there are no liens or other interests registered against the title for debts or shared ownership with an absentee investor. Your REALTOR® will ensure there are no encumbrances on the title.
Condo buyers will use this opportunity to review strata rules and regulations. Your REALTOR® will help you assess the health of the strata corporation by looking at financial statements and minutes for notices of cost increases or special assessments. You may want to speak with the property manager for additional insight.