Buying a Home

Buying a home is an exciting and life-changing event. The process can be nerve wracking, fun, exiting, and rewarding. It is no doubt one of the largest financial decisions you will ever make. No matter what your reasons are for buying we are here to help and make the search completely about you and you alone. At Ajax Real Estate, we have professional broker associates ready to guide you through each and every step to finding your dream home.

Buying Process


Find the right AJAX Realty Group broker associate for you


To determine an offering amount, your broker will do a thorough market analysis of the specific neighborhood and similar properties


Meet with your AJAX Realty Group broker associate to discuss needs, desires, and prices you can afford


Review properties your broker associate has found for you and select the ones that interest you the most


Meet with a loan officer to get pre-qualified on your home loan


To determine an offering amount, your broker associate will do a thorough market analysis of the specific neighborhood and similar properties.


Present and negotiate a mutually acceptable purchase agreement with the seller.


Your broker associate will guide you through the contract process. This will Include all disclosures, title commitment, inspection items, homeowners insurance and the loan process.


Pre-closing checklist and meeting with your Ajax Real Estate broker associate to review closing figures.


Close on your new home!

FAQ about Buying

We are always available to answer any questions you may have while you are considering the purchase or a home or during the process. Here are a few common questions that we hear from our clients.

What's my total budget? 

It makes sense to work with a lender right away to determine the amount you are approved to spend on your home purchase as well as considering other costs that may influence your budget including an HOA (Homeowners association fee), property taxes, required renovations or additional insurance that may be required in the purchase.

How much do you charge? 

During the buying process, no additional fees or retainers are part of our process. We are paid by the sellers at closing.

How much are closing costs? 

Closing costs range per property but typically range between 5k-8k. You should be prepared to pay this at closing with a check or wire. Lenders will provide insight into these costs early in the buying process.

How long is the closing process? 

The standard close is 30 days but exceptions can be made to close faster if absolutely necessary. You will be required to work closely with your lender to determine if you are eligible to close in less than 30 days.

How much do I need for a down payment? 

Typically you will want to have 20% of the sale price as a down payment to avoid PMI (Private Mortgage Insurance). In some cases, you will be able to put as little has 3.5% down.

What are home inspections? 

Home inspections allow you to understand how well the home has been maintained. This is your opportunity to see if there are any issues with the home prior to purchasing. If a large issue is found, you will be able to negotiate if the seller needs to fix prior to the sell or if they need to provide cash to fix as part of the sale.

Inspectors should look for defects or malfunctions in the building's structure, and review all major systems including the roof, plumbing, electrical and heating/cooling systems, floor surfaces and paint, windows and doors, and foundation, and so on.