Buying A Home With Confidence
Purchasing a home is one of the biggest financial decisions you’ll ever make, and having the right guidance makes all the difference. Whether you’re a first-time homebuyer, downsizing to better fit your lifestyle, or investing in property, I am here to navigate every step of the journey with you. My goal is to make the buying process seamless, stress-free, and even enjoyable!
For Downsizers
If you're selling your current home before buying, I will work with you to create a plan that ensures a smooth financial transition, helping you secure your next home without unnecessary stress.
Step 1: Getting Pre-Approved
Before you start house hunting, it’s crucial to get pre-approved for a mortgage. This free and quick process helps determine what you can afford, so you can shop with confidence. Mortgage rules change frequently, and many factors affect affordability beyond just income. I have a trusted network of mortgage professionals who can guide you through the pre-approval process and help secure the best financing options.
For Downsizers
Finding a home in a location that supports your lifestyle is key. Whether you're looking for a low-maintenance condo, a bungalow in a walkable community, or a home closer to family, I’ll help you pinpoint the ideal location for this next chapter.
Step 2: Choosing the Right Location
“Location, location, location” isn’t just a saying—it’s a major factor in finding the right home. Whether you’re staying in a familiar neighborhood or exploring new areas in the Niagara Region, I’ll research market trends, school districts, amenities, and community features to ensure your new home is in the perfect spot for your needs.
For Downsizers
If you’re using proceeds from selling your current home to buy your next one, I’ll help you create a financial strategy that works best for you, ensuring a smooth transition without unexpected financial surprises.
Step 3: Understanding Your Down Payment
Your down payment depends on the type of property you’re purchasing.
✔ First-time homebuyers: Minimum of 5% down
✔ Investment properties: Typically 20% or more
✔ Fixer-uppers: May require a larger down payment
Your mortgage lender will provide specific requirements, and I’ll be there to help you understand your options.
For Downsizers
Many seniors choose to co-own property with family members or purchase within an active adult community. I’ll help you explore these options and understand the best approach for your needs.
Step 4: Buying Alone or with a Partner
If you’re purchasing with a spouse, family member, or business partner, it’s important to understand different types of property ownership. Joint ownership agreements can have legal and financial implications, and I’ll ensure you have the right information to make an informed decision.
For Downsizers
Do the same... ask a lot of questions!
Step 5: Asking Questions—Lots of Them!
Buying a home is a complex process, and I encourage you to ask as many questions as possible. There’s no such thing as a silly question! I believe informed buyers make the best decisions, and I’ll proactively provide insights and answers to ensure you feel confident every step of the way.
For Downsizers
If you’re moving to a condo, retirement community, or a smaller home, I’ll help you calculate the total cost of ownership, including condo fees, property taxes, and maintenance costs.
Step 6: Budgeting Beyond the Mortgage
Your monthly mortgage payment isn’t the only cost to consider. Homeownership also comes with:
✔ Property taxes
✔ Utility bills
✔ Home insurance
✔ Maintenance and repairs
✔ Legal fees and land transfer tax
When purchasing a home, you’ll need a real estate lawyer to handle contracts and closing details. I can connect you with trusted professionals who will ensure a smooth and secure transaction.
The Home Buyer Checklist
Whether this is your first home purchase or your tenth, there are a lot of moving parts when it comes to buying a new house. You should feel in control and confident throughout this process.
We’ve compiled this checklist for you so nothing gets missed! (Although, if you follow Step 1 correctly, you should have all the guidance you need!)
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Building a Foundation
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The Financials
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Finding Your New Home
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Insuring Your Home
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The Home Stretch
Why Choose Amy Layton?
With years of experience in the Niagara Region, I understand the local market and the unique challenges buyers face. Whether you’re purchasing your first home, transitioning to a new lifestyle, or investing in real estate, I’m here to guide you with honesty, expertise, and unwavering support.
Let’s find your perfect home together. Contact me today to start your journey!
Hear It From Others
You helped us paint the big picture…Thank you for the never ending phone calls, text messages, e-mails and showings. Thank you for sticking with us and not giving up on us…for staying up past our bed times…most of all, thank you for your genuine care.
Bret R.
St. Catharines
Amy kept us informed and engaged throughout each stage of the the process, and her positive outlook , knowledge of the marketplace and reassuring comments we’re always welcomed. Amy’s boundless energy and easy going style made selling our only home for over 26 years a great experience.
Barry & Deb
Welland