There are two things that you can do before you even begin your search for a new home that will help you immensely through the process. By getting a mortgage pre-approval and hiring a real estate professional to represent you, you will starting out on the right foot.
The first step to buying a home is to understand your buying power and establish a price range. A licensed lender can help evaluate your financial standing and provide a pre-approval. They will review your income and credit history to determine how much the bank will lend you, which will help you determine the price range for your search. Having a pre-approval letter in-hand can also increase the attractiveness of your offer, particularly when a seller has multiple offers to choose from.
You can start your search for the perfect home right here with up-to-date MLS listings in your favorite neighborhoods. Create your free account to save your favorite properties, request showings and more! As your REALTOR®, I will also search for homes on your behalf. When you find a home that you like, we'll schedule a showing tour for you to preview the property in person.
When you're ready to move forward with a purchase, I will advise you on constructing the strongest offer possible. Then I will draw up the necessary paperwork on your behalf. There is a lot to consider when making an offer. We'll discuss the purchase price, the closing date, sale contingencies and any special stipulations for your particular purchase. Once an offer is submitted, the seller may accept, reject or counter the offer. If the seller returns a counter, we will enter a negotiation period until an agreement is reached, or the offer is rejected by either party.
If your offer is accepted, you will be officially under contract. The purchase will not be complete until closing, but the home cannot be sold to anyone else while the contract remains in effect. At this point, unless you are making a cash purchase, it will be time to make an earnest money deposit and secure your mortgage loan. Lenders offer a wide range of loan programs, so it's important to work with a lender you trust to help you determine the best loan for your specific circumstances.
Inspecting the physical condition of your next home is a vital part of the home-buying process. A licensed home inspector will conduct a comprehensive evaluation of the entire property and report any problems with the condition of the home's structure or systems. The inspector will also investigate potential issues such as pest infestations or mold. Depending on the purchase agreement, we may enter additional rounds of negotiation to resolve any problems discovered during the inspection.
Your lender will arrange a professional appraisal of the home. An appraisal is an unbiased estimate of the true (or fair market) value of a home and is conducted by an independent third party. The appraiser will confirm the appraisal value of the property for all parties involved. If the home appraises at less than the expected value, you may have the option to renegotiate the purchase agreement or terminate the contract.
Prior to closing, we will conduct a final walkthrough of the home to ensure that all negotiated repairs have been completed, and that the home is in the same (or better) condition as when the original offer was made. This is the final opportunity to call out any problems identified with the home before closing. Depending on the purchase agreement, you may sign a formal contract addendum confirming that the walkthrough is complete, and the condition of the home is acceptable.
Time to celebrate! Your lender will provide a final closing disclosure that summarizes the loan terms, monthly payments, taxes, and other costs associated with the closing. They will also confirm that you are clear to close, and you will sign all of the paperwork required to complete your purchase and loan agreement. Once the paperwork is signed by all parties and your loan is funded, you will receive keys, and you'll be ready to move into your new home!
Abhishek
Bhateja
REALTOR®
AWARDS
Red Diamond 2020 & 2021
(Top 2% Nationally)
Lifetime Excellence 2020
Emerald Award 2018 & 2019
Presidents Gold 2016 & 2017
Office: (613) 755-2278
Direct: (613) 863-3132
Email: abhishek@bhateja.ca
As a passionate and highly driven Ottawa Realtor, I am dedicated to prioritizing the needs of my clients above all else. With a track record of excellence, I've earned prestigious awards, including the Red Diamond Award in 2020 and 2021, placing me in the top 2% nationally, and recognition as the Top Sales Producer for the Kanata North Office of Royal LePage Team Realty.
Rooted in a family of entrepreneurs, I embody a strong work ethic and a "whatever it takes" attitude. Real estate is not just my profession—it's my lifelong passion and work. I work very closely with my clients to ensure that their needs are being met and that they have the best real estate experience of their life.Building lasting relationships and ensuring client satisfaction are paramount to me.
With over 27 years of expertise in customer service, sales, and management, I bring a wealth of experience to the table. My commitment to hard work, combined with a deep understanding of Ottawa's real estate market, positions me as a trusted advisor for both first-time homebuyers and seasoned investors alike.
Having called Ottawa home for over 24 years, I've chosen to raise my family in this beautiful city. My personal connection to Ottawa, coupled with my professional expertise, enables me to provide unparalleled service to my clients. Whether you're looking to buy, sell, or invest in real estate, I am dedicated to making your goals a reality and ensuring that your investment yields great returns for years to come.
Abhishek Bhateja
REALTOR®
Direct: (613) 863-3132
Email: abhishek@bhateja.ca
Innovation Realty
8221 Campeau Drive, Unit B
Kanata, ON, K2T 0A2, Canada
Contact Information
Office: (613) 755-2278
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