Home Buying In Winnipeg Is A Team Effort: 7 Pro's You Need
  • Latest
  • Trending
  • All
  • Latest Posts
home buying is a team sport

Home Buying in Winnipeg is a team effort

2023-05-22
Winnipeg Housing Market Report – Real Estate Market

Winnipeg Housing Market Report – Real Estate Market

2023-05-22
Finding Qualified Home Buyers

Finding Qualified Home Buyers

2023-05-18
Keeping Your Yard Neat During Showings

Keeping Your Yard Neat During Showings

2023-05-16
How To Make A Buyer Fall In Love

How To Make A Buyer Fall In Love

2023-05-12
Designing and building your dream house

Designing Your Dream House

2023-05-09
High Temperature Heater

High Temperature Heater

2023-05-07
Forgotten Aspect of Home Staging

Forgotten Aspect of Home Staging

2023-04-24
Income Required To Buy A Home

Income Required To Buy A Home

2023-04-22
HOUSE-HUNTING MISTAKES

House-Hunting Mistakes To Avoid

2023-04-23
House Prices On The Rise

House Prices On The Rise

2023-04-20
Canadian Housing Market Picking Up Speed

Canadian Housing Market Picking Up Speed

2023-04-17
The ONLY Time To Buy A New Condo

The ONLY Time To Buy A New Condo

2023-04-15
  • Home
  • Start Here
  • Podcast
Monday, May 22, 2023
Winnipeg Real Estate Times
  • Login
  • Home
    • Sitemap
    • Privacy Policy
    • We just bought a new home in Winnipeg. What are the next steps?
    • Just Sold Our Home – Steps After Accepting An Offer
  • Winnipeg Listings
  • About Bo
    • Supporting D’Arcy’s Animal Rescue Centre (A.R.C.)
    • Testimonials and Reviews for Bo Kauffmann, REALTOR
  • Winnipeg Home Buying News & Tips
    home buying is a team sport

    Home Buying in Winnipeg is a team effort

    Winnipeg Housing Market Report – Real Estate Market

    Winnipeg Housing Market Report – Real Estate Market

    Keeping Your Yard Neat During Showings

    Keeping Your Yard Neat During Showings

    Income Required To Buy A Home

    Income Required To Buy A Home

    House Prices On The Rise

    House Prices On The Rise

    Canadian Housing Market Picking Up Speed

    Canadian Housing Market Picking Up Speed

    Condo & Townhouse Market Update

    Condo & Townhouse Market Update

    Winnipeg Detached Housing Sales – March 2023

    Winnipeg Detached Housing Sales – March 2023

    Listing Shortage – Owners Not Selling

    Listing Shortage – Owners Not Selling

  • Glossary
No Result
View All Result
  • Home
    • Sitemap
    • Privacy Policy
    • We just bought a new home in Winnipeg. What are the next steps?
    • Just Sold Our Home – Steps After Accepting An Offer
  • Winnipeg Listings
  • About Bo
    • Supporting D’Arcy’s Animal Rescue Centre (A.R.C.)
    • Testimonials and Reviews for Bo Kauffmann, REALTOR
  • Winnipeg Home Buying News & Tips
    home buying is a team sport

    Home Buying in Winnipeg is a team effort

    Winnipeg Housing Market Report – Real Estate Market

    Winnipeg Housing Market Report – Real Estate Market

    Keeping Your Yard Neat During Showings

    Keeping Your Yard Neat During Showings

    Income Required To Buy A Home

    Income Required To Buy A Home

    House Prices On The Rise

    House Prices On The Rise

    Canadian Housing Market Picking Up Speed

    Canadian Housing Market Picking Up Speed

    Condo & Townhouse Market Update

    Condo & Townhouse Market Update

    Winnipeg Detached Housing Sales – March 2023

    Winnipeg Detached Housing Sales – March 2023

    Listing Shortage – Owners Not Selling

    Listing Shortage – Owners Not Selling

  • Glossary
No Result
View All Result
Winnipeg Real Estate Times
No Result
View All Result

Home Buying in Winnipeg is a team effort

2023-05-22
in Latest Posts, Winnipeg Home Buying News & Tips
Reading Time: 7 mins read
34
11
home buying is a team sport

Home Buying in Winnipeg is a team effort. Get the best team!

Share on FacebookShare on Twitter

It takes a team to help home buyers

Over the past few years, potential buyers of houses and condos have been conditioned to go to their banks and get pre-approved.  While pre-approval is a very important step, I personally recommend that it is NOT the FIRST step in your home buying process.

By the time a buyer takes possession of their new home, a number of professionals will have been involved: a real estate agent, lawyer, mortgage lender, home inspector, home insurer, moving company and others.   Since a real estate agent will have close contact with all of these professionals, my suggestion is that a home buyer START his/her search by selecting their real estate buyers agent.  An experienced agent will have learned, sometimes thru trial and error, which business professionals can provide the best service for their clients.  Let's take a look at the whole home-buying team:

home buying is a team sport
Home Buying in Winnipeg is a team effort. Get the best team!

Real Estate Buyers Agent

Think of a good real estate buyers agent as the quarterback of your home buying team.  He or she will help the buyer find and look at all the houses or condos that suit the buyers needs and budget.  The agent will help structure an Offer to Purchase which walks the fine line between protecting the buyer and at the same time appear attractive enough for the seller to accept it.  A GREAT agent will be able to make referrals to the following people:

Home Buying in Winnipeg is a team effort home buying Home Buying in Winnipeg is a team effort home buying Home Buying in Winnipeg is a team effort home buying

A Mortgage Professional

Whether the buyer prefers to deal with a bank, a credit union or a mortgage broker, the real estate agent should have trusted professionals in each of these services.  When a mortgage lender pre-approves the buyer, the real estate agent needs to be able to trust this approval.  This ‘trust' is important to the buyer as well, so ask your real estate agent for a referral to a great mortgage lender.

A Real Estate Lawyer

Real Estate Law is different than Criminal Law, Family Law or Civil Law…..   so use a qualified, experienced real estate lawyer.  Again, your REALTOR® should be able to make a referral to a good lawyer.  Although the price between different lawyers might vary a little (a couple of hundred dollars) getting a lawyer who is responsive to any problems that might pop up (and they DO) is important.  Cheap does not usually equate with good.

Home Insurance

Your bank or credit union will demand that you get home insurance in order to protect your (and their) investment.  Home Insurance is NOT optional…..  you will need to get it.  An insurance broker should be able to offer several options, with different coverage and costs.  As your real estate agent for a referral here as well.  (Note:  Home insurance is NOT the same as ‘mortgage insurance')

Mortgage Insurance/Life Insurance

The buyer has just made a significant investment, with perhaps as much as 95% of it still owed to the mortgage company.  While, unlike Home Insurance, mortgage/life insurance is optional, it is still highly recommended.  Protect your family and your investment in case of your untimely demise.  There are significant differences between mortgage insurance and life insurance:  speak to a professional about these differences.  Most real estate agents might not know the difference, but would know an expert in this field.

Home Buying in Winnipeg is a team effort home buying
Home Buying should be fun

Home Inspector

If you're lucky enough NOT to have to compete against other buyers, you may be able to demand a home inspection.  (Actually, you can always demand one…..  but speak to your agent about the reality of being able to get your offer accepted in such a case).  A qualified home inspector may be able to detect problems, and prevent you from buying a ‘money pit'.  Home Inspectors are, unfortunately, a somewhat unregulated industry.  Nearly anyone with a ladder and a flashlight can call themselves a home inspector….  Don't rely on kijiji or google to find a good one.  Ask your real estate agent for 2 names and pick one.

Bo Kauffmann Real Estate Agent Winnipeg

Moving Company

There are a lot of ‘Guys with a Truck' type of companies out there.  Like a lot of things, you ‘get what you pay for'.  Get a quote in writing, and make sure it's not too open-ended.  (Example: $150 per hour, 5 hours or until the move it completed….??)  If in doubt, check the BBB listings, and ask for recommendations.  Or better yet, as your real estate agent for a referral….. chances are, he/she have used and recommended a good moving company in the past.

ADD_THIS_TEXT

Bonus Home Buying Help: Electrician, Renovators, Painters etc

Although not technically part of the buying process, you might end up needing an electrician to fix knob and tube wiring, or a renovator to put in a proper bedroom into the basement, for example.  A good real estate agent should have a list of these types of professionals that a buyer can benefit from.

Expert Tip for home buying
Expert Tip for home buying

Home buying (or Condo buying) should be fun….. but always ‘play safe'.  Surround yourself with knowledgable professionals, and minimize your exposure to danger.  It is perhaps the largest purchase you will ever make.

Home Buying, Home Buying Advice, Home Buying Steps, Home Buying Process Explained

Add us to your Daily Routine on Alexa.  Go here to add to Alexa in the Canadian Skill Store.

Are you interested in more in-depth real estate information?  Check out our podcast, available on most podcast platforms.

Do you have an Android Phone?  Add our Free Podcast App Here.

Do you have an I-Phone?  Here is our iOS version of the podcast app.

 

Our Latest Web-Stories
Never miss an episode of our real estate podcast. Install our FREE Podcast App available on iOS and Android. For your Apple Devices, click here to install our iOS App. For your Android Devices, click here to install our Android App. Check my videos on Youtube

Check out our Podcast

Link to this post!
  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn
  • Condominium
Tags: Latest Posts, Winnipeg Home Buying News & Tips
Tags: buying a homeFirst-time buyerHome Buyingreal estateWinnipeg
Share2Tweet1

Related Posts

Winnipeg Housing Market Report – Real Estate Market
Pillar Content

Winnipeg Housing Market Report – Real Estate Market

by Bo Kauffmann
2023-05-22
213
Finding Qualified Home Buyers
Latest Posts

Finding Qualified Home Buyers

by Bo Kauffmann
2023-05-18
41
Keeping Your Yard Neat During Showings
Latest Posts

Keeping Your Yard Neat During Showings

by Bo Kauffmann
2023-05-16
44
How To Make A Buyer Fall In Love
Latest Posts

How To Make A Buyer Fall In Love

by Bo Kauffmann
2023-05-12
44
Designing and building your dream house
Latest Posts

Designing Your Dream House

by Bo Kauffmann
2023-05-09
52

Table of Contents

  • It takes a team to help home buyers
    • Real Estate Buyers Agent
    • A Mortgage Professional
    • A Real Estate Lawyer
    • Home Insurance
    • Mortgage Insurance/Life Insurance
    • Home Inspector
    • Moving Company
    • Bonus Home Buying Help: Electrician, Renovators, Painters etc
      • Check out our Podcast

Contact Bo Kauffmann

  • 204-333-2202
  • [email protected]

Current Mortgage Rates

Winnipeg Real Estate Services

  • Advance Exteriors – Mike Allison
  • Aire Serv Heating & Air Conditioning
  • Alladins Landscape Design
  • Endeavour Electric
  • Mr Rooter Plumbing – Jake Silvestri
  • R. A. Hughes Insurance
  • SullivanMcMullan Law – Neil Sullivan
  • Total Moving Winnipeg
  • Urban Topcoat Painting
  • Winnipeg Business Networking
  • Winnipeg Mortgage Broker
  • Worthy Construction

Top 3 REALTORS in Winnipeg

Winnipeg Real Estate Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories

  • Condo Communities of Winnipeg
  • Featured
  • Featured Neighbourhoods
  • General Market Info
  • Headline News
  • Home Improvements
  • Humour
  • Infographics
  • interior decorating
  • Latest Posts
  • Listings
  • Luxury Homes
  • Market Updates
  • Newsletter
  • Pillar Content
  • Polls
  • Q&A
  • Quiz
  • Real Estate News
  • Seller Info Fix Post
  • Slideshows
  • Time-Sensitive
  • Top 6 Most Popular Posts
  • Video Posts
  • Winnipeg Condo Buyers, Sellers & Owners
  • Winnipeg Home Buying News & Tips
  • Winnipeg Home Selling News & Tips
  • Winnipeg News & Events
  • Winnipeg Referral Partners
  • Winnipegs Real Estate Podcast

Recent News

home buying is a team sport

Home Buying in Winnipeg is a team effort

2023-05-22
Winnipeg Housing Market Report – Real Estate Market

Winnipeg Housing Market Report – Real Estate Market

2023-05-22

© 2023 This site is operated by Bo Kauffmann of REMAX Performance Realty in Winnipeg. All content is copyright.

No Result
View All Result
  • Home
    • Sitemap
    • Privacy Policy
    • We just bought a new home in Winnipeg. What are the next steps?
    • Just Sold Our Home – Steps After Accepting An Offer
  • Winnipeg Listings
  • About Bo
    • Supporting D’Arcy’s Animal Rescue Centre (A.R.C.)
    • Testimonials and Reviews for Bo Kauffmann, REALTOR
  • Winnipeg Home Buying News & Tips
  • Glossary

© 2023 This site is operated by Bo Kauffmann of REMAX Performance Realty in Winnipeg. All content is copyright.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Share via
  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Add New Playlist

wpDiscuz
11
0
Would love your thoughts, please comment.x
()
x
| Reply
Manage your privacy

To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Manage options
{title} {title} {title}