Buying a Property

Are you ready to make your dream of being a homeowner come true? Making your project a reality is our mission.

Our advice

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Finding the right real estate agent is being halfway there. The best way to find a good one is to ask for references from family and friends. In this section, find out which qualities to look for in a good agent who will help you find your perfect home.

In order to provide you with an exceptional service, a good real estate agent must have several essential qualities such as:

  • Establishing a trustworthy relationship with you.
  • Demonstrating integrity, loyalty and respect.
  • Respecting the privacy of negotiations.
  • Being honest and listening to your needs.
  • Helping you establish your needs and your search criteria.
  • Sharing his/her knowledge and experience with you.
  • Having a flexible schedule to accommodate you.
  • Having good knowledge of the real estate market and being up to date with comparable sales, statistics and mortgage rates in order to support you.
  • Being transparent, fair and equitable in negotiations.

Finally, our services for purchasing a home are free of charge!

Buy with confidence!

Finding the right real estate agent is halfway there. The best way to find a good one is to ask for references from family and friends. In this section, find out which qualities to look for in a good agent who will help you find your perfect home.

To provide you with exceptional service, a good real estate agent must have several essential qualities such as:

  • Establishing a trustworthy relationship with you.
  • Demonstrating integrity, loyalty, and respect.
  • Respecting the privacy of negotiations.
  • Being honest and listening to your needs.
  • Helping you establish your needs and your search criteria.
  • Sharing his/her knowledge and experience with you.
  • Having a flexible schedule to accommodate you.
  • Having good knowledge of the real estate market and being up to date with comparable sales, statistics, and mortgage rates in order to support you.
  • Being transparent, fair, and equitable in negotiations.

Finally, our services for purchasing a home are free of charge!

Main house styles

How to browse through the different house styles? Bungalow, semi-detached, two-level, two stories, and more! Start here to determine which type of home is right for you.

Bungalow:

Single-family one-story house where all rooms are located on the same floor. Where the basement is finished, other rooms can be added.

Multi-level:

Homes that have living spaces with multiple floors connected with short flights of stairs.

Split entry:

Bungalow whose entrance is located between the ground floor and the basement; the different floors are connected by short flights of stairs.

Split-level:

House characterized by the separation of day and night spaces. For example, the ground floor can accommodate common living spaces (entrance, living room, kitchen, etc.) while the half-floor can be reserved for bedrooms, the bathroom, or the office.

1 ½ story:

House is characterized by a steeply pitched roof where the second floor is located, the living area of which is much smaller than the ground floor. The ceiling on the second floor slants down towards a short wall.

2 story:

House with two floors above ground level, characterized by the bedrooms located on the upper floor and common living space on the main floor.

2 ½ story:

Two-story house in which the attic is used. This style of property is mostly found in old houses in which the attic was used to lodge domestics or for storage.

Semi-detached:

House that shares a common wall with the neighboring home. Each side of the building is a separate dwelling, and neighbors do not share ownership or responsibilities for the entire building.

Duplex :

Property comprising two units side by side or superimposed. There is only one title deed (one owner and one tenant).

Mobile home:

Rectangular-shaped dwelling built using a sheet metal chassis on a steel frame. It can be installed on blocks or a foundation. Previously, it was given the name “trailer.”

Mini-home:

Small modular one-unit house. It has the advantage of having all rooms on the same floor.

Condominium:

Differs from apartments in that each unit is individually owned, but common areas are shared by all co-owners (hallways, structure, parking, landscape). Living in a condominium requires less maintenance. However, owning a condominium means that you must follow the rules established by the condominium board of directors to ensure the comfort, safety, and cleanliness of the premises.

What you should know before buying

When you have a fondness for a property, its good sides tend to make you forget all the rest. Remember, buying a property is the biggest investment in a lifetime! You would surely not want to regret your choice. Here are the main points to consider before buying.

  • Pay attention to the general condition of the house. Is it clean? Do the walls need to be repainted? Is the lawn maintained? If minor details have been neglected, it is very likely that more important ones have been as well.
  • Check things out. Try out the lights, faucets, toilets, air conditioning, and major appliances to see if they are working well.
  • Check for leaks. Observe ceilings and walls for any signs of leaks or bulges. Moisture entering through cracks in the roof or foundation can make the wood rot and generate mold.
  • Pay attention to floors that feel soft, elastic, rough, or creaky. They could be signs of major and expensive repairs.
  • Check the doors and windows. Make sure they close well and are easy to open. See if there are any drafts. Watch for peeling paint or bad caulking; if the wood is not protected from mold, it will rot.
  • Check the building structure. If you see deep cracks, crumbling cement, or loose bricks, the structure may need major repairs. Damp areas at the base of the foundation are also warning signs.
  • Make sure there is sufficient storage space for your needs.

Use these tips during your visit. For true peace of mind, we strongly recommend that you have the home inspected by a certified home inspector before purchasing it.

Purchase offer steps

Making a purchase offer can be both exciting and stressful. This is why your real estate agent is there to guide and support you through this process.

The purchase offer

The first step is to make a purchase offer for the desired property and determine the price to offer as well as the conditions to be included in the buy-sell agreement.

The response to the offer

The purchase offer will be presented to the seller as soon as possible. Three options are available to him/her: he/she can accept the offer, refuse it or make a counteroffer. The counteroffer may relate to the price, the date of possession, or other elements. The buyer will then have the choice of accepting or rejecting the counteroffer. He/she can also make a new offer. An agreement will be made once the two parties have agreed; it is then said that there is an accepted purchase offer.

Conditions

A condition represents requirements that must be met for the contract to become fully enforceable. Most of the conditions are already included in the buy-sell agreement, such as a deposit, financing, inspection, insurance, declaration of land ownership, water analysis, etc.

The Inspection

It is strongly recommended that a buyer have the property inspected by a professional to avoid unpleasant surprises relating to its condition. No real estate is perfect and buyers should understand that the price reflects its condition. Unless an inspection report reveals a serious unknown or unexpected problem, this should not be a reason to renegotiate the price.

Inclusions and exclusions

They can relate to household appliances, certain accessories, or decorative objects. Generally, affixed items (which are attached to the property) follow the sale unless they are excluded in the contract.

The deposit

A deposit is a pledge of good faith. It tells the owner seller that the buyer is serious and intends to complete the transaction. The deposit is deducted from the purchase price at the end of the transaction and is usually kept in the real estate agency’s trust account upon listing.

The closing date

This is the date of the official transfer of the ownership to the buyer and the receipt of funds by the seller. Once the mortgage loan and transfer deeds are officially registered, the buyer becomes the owner and then receives the keys to his/her new property.

Mortgage loan eligibility

Have you thought of everything? Figure out the price you can afford and be prepared to factor in all the possible expenses associated with buying a home. It’s not just the down payment! It’s the best way to keep your home-buying experience pleasant and stress-free.

Determine the price you can pay

Buying a home involves costs in addition to the monthly payments. You must consider all possible expenses to establish your budget. A significant expense is undoubtedly the down payment which represents at least 5% of the selling price of the property. You also need to calculate inspection fees, municipal taxes, the cost of electricity, legal fees for transferring ownership, etc. Go to: the Projected Costs related to the purchase of a home document to help you in this step.

Pre-approved mortgage Loan

We strongly recommend that you meet with your financial institution to obtain a pre-approved mortgage before you start looking for a home. This will show the seller that you are serious. Besides, you’ll avoid the disappointment of not being able to afford the dream home that you have finally found. Once you’ve found the perfect home, you will therefore be able to make an immediate offer.

Mortgage approval

Once you have found your home, you will need to get approval for financing. Here is a list of documents your financial institution will need:

  • A copy of your buy-sell agreement;
  • The description of the property;
  • The list of your assets (ex.: car, ATV, RRSP, investments, etc.);
  • A list of your liabilities with the number of payments and their balance (e.g.: car loan, furniture loan, credit card or line of credit, etc.);
  • A copy of your last income tax report;
  • A copy of your check stub and any other income (e.g.: family allowances).

If you are considering renovating the property, you will need to provide a cost estimate to determine the necessary loan amount.

If your loan is pre-approved, a few formalities will need to be finalized with your financial advisor.

Credit ratings

Checking your creditworthiness is part of the normal mortgage eligibility process. If your credit history is bad, financing your home could be difficult.

Your personal credit history is compiled by credit reporting agencies which compile a report by collecting information from banks, merchants, and other public records. The report generally takes into account the last six to seven years. It shows your debit and credit cards, bank accounts, personal loans, and mortgages. It also includes the names of creditors, account numbers, current balances, and a detailed history of payments. The report also includes public information, such as your marital status, the existence of rights of retention, judgments against you, bankruptcies, etc.

The lender uses the credit report to determine whether it is possible to lend you money. If something worries the lender in the report, the lender will ask for further explanation.

If you think you have any credit problems, let the lender know before making an application. There’s no point in wanting to hide something that will show up in your credit history.

Examine your creditworthiness report

Since this report contains information about you, you have the right to obtain a copy. Equifax is one of the largest credit report providers in Canada. To obtain a copy of your report, you can call 1-800-465-7166. If you disagree with the information on your credit history, you have the right to dispute it and request that it be corrected.

Projected costs related to the purchase of a house

You can use our budget tool to help you estimate costs. Forewarned is forearmed, thereafter you can direct your research to the right property for you.

There are a few important costs to consider when buying a home. Here is a summary: 

  
1) Inspection fees_________$
2) Home and liability insurance premium_________$
3) Lawyer fees (registration, adjustments, transfer tax, etc.)_________$
4) The costs of opening an energy account_________$
5) Telephone, television and other services installation cost_________$
6) Moving costs_________$
7) Other costs (e.g.: mail forwarding)_________$
TOTAL :_________$

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113 44th Avenue

Edmundston, N.B. E3V 3A4

MLS
Multifunctional complex with various businesses very well located in Edmundston with visibility from the Trans-Canada Highway. More information available by appointment at the office.
$710,000 $725,000

823 Principale Street

St-Basile, N.B. E7C 1K9

Eclusive
First time on the market! This beautiful large house of superior quality construction, inside and out, is impeccable! You will certainly appreciate this vast property with its insulated attached garage and its 10 rooms on the main floor.
$360,000

28 Philippe Avenue

Edmundston, N.B. E3V 1R1

MLS
Very nice single-family home with warm decor to discover! Close to all services and in a quiet area, this residence has undergone renovations over the years, including the roof, redone in 2017. You will certainly appreciate the living room, with its propane fireplace, and the kitchen with its open-plan style. This wonderful residence offers three bedrooms, with the possibility of a fourth.
$145,000

960 Power Road

St-Joseph, N.B. E7B 2M4

Eclusive
Country living a few minutes from the city!  This beautiful property is in turn key condition. You will appreciate the comfort provide by the two heat pump and the new furnace.  Major interior / exterior renovations. Excellent quality/price ratio.
$225,000

Platin des Albert, Saint-Basile, NB

St-Basile, N.B.

Eclusive
Are you looking for a cottage with a panoramic view of the Rivière-Verte and located very close to the city? We have exactly what you need. Located in the Saint-Basile region, this charming cottage, located on 9.5 acres of land, will satisfy your love of nature! Located along the river, this chalet with a cathedral ceiling belonged to only one owner.
$85,000

32 St-Jean Avenue

Edmundston, N.B. E3V 1C8

Eclusive
This charming property offers you a totally different style! The owners knew how to maintain this house while keeping its character. You will find on the main floor a very large living room, a large kitchen and a large dining room to receive guests. On the upper floor, there are three bedrooms, including a very large master bedroom, as well as two bathrooms and a laundry room.
$179,500

107 Du Pouvoir Road

Edmundston, N.B. E3V 2X7

Eclusive
Pretty two-story house with private access to the basement, giving you the possibility of an income. On the main floor, you will find a kitchen, a full bathroom, a living room with an open-style dining room and a bedroom. On the upper floor, there are two bedrooms, a full bathroom, and a large space ideal for an office, reading area or simply a place to rest.
$119,995
S o l d

129 Bellevue Street

Edmundston, N.B. E3V 2E2

Eclusive
Major price reduction! Nice little three bedroom bungalow located near downtown Edmundston. The living room offers you a cathedral ceiling as well as a magnificent view of the Saint-Jean River and the mountains located in Maine. You will have the luxury of having a double garage to park your cars. Note that the basement is easily accessible from the outside with a door at ground level.
$124,900 $134,500

15 des Érables Street

Edmundston, N.B. E3V 4J4

MLS
For quick possession! Very beautiful "split level" style property in a popular neighborhood of the city of Edmundston. Located on more than 14,700 sq. ft. of land, this property offers you a large private backyard. Many changes and renovations have been made in recent months to bring this house up to date with its large open spaces.
$288,900 $294,900
S o l d

61 Bossé Avenue

Edmundston, N.B. E3V 3Z8

Eclusive
Come discover this magnificent property which is on the market for the first time. You will appreciate several major renovations over the years. Everyone will appreciate the comfort of the two heat pumps as well as the propane fireplace. Large patio that offers a magnificent view. To discover it is to love it and want it without a doubt.
S o l d

3 Desmeules Street

St-Jacques, N.B. E7B 1G4

Eclusive
Unique!  Small house located on a large lot with a barn that can be used as a warehouse or a chicken coop.  Located in a dead end street that offers tranquility.  View of the Mont Farlagne.  For quick ownership.
S o l d

88 Cardinal Street

Edmundston, (N.-B.) E3V 5E4

Eclusive
Here is a mini-home of superior quality and maximum size. Maple cabinets with lots of storage. Recently installed heat pump. You will appreciate the adjoining second bathroom. Excellent quality/price ratio.
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