Townhouse Buyer’s Guide

Many people today are attracted to buying a townhome instead of a house in the Victoria BC area because of the great lifestyle options they offer.  A townhouse is generally a less expensive choice, while still offering privacy over a condo.  Townhomes often provide a greater safety and security environment, and easy to no care yards.  Townhomes are a rapidly growing market with many options available to you. 
When buying a home you want to be sure you are getting all the best information, understand the process and protect your legal and financial interests. Buying a home involves paperwork, contractual obligations and potential liabilities. The Townhouse Marketing group is here to assist you throughout the buying process. This simple guide will get you started on purchasing a townhouse in Victoria, BC.

Choosing a Real Estate Agent

You have come to the right place if you’re in the market for a townhouse – townhouses are our specialty. Hiring a good agent will help you find the right property faster. At Townhouse Marketing Group, we know what’s available in the Greater Victoria market, and we are experts in current market pricing. To get the best price, you want a REALTOR® who is savvy in the negotiating process and understands the market to help you save money.  When choosing an agent, ask about their experience related to your needs, how long they have been in business, whether they are full time or part time, and, ultimately, ask them to prove their results. 

Finding Townhome Listings

Once you have hired the right agent, your next step is to begin reviewing townhouse listings to find the ones that meet your criteria. At the Townhouse Marketing Group, we specialize in the purchase and sale of townhomes in Victoria. We provide detailed information about the best townhouses listings in Victoria BC. Our own listings come with comprehensive information, floor plans, strata information, high definition photos and videos, so be sure to check them out. Sign up now to get FREE, unlimited access to townhouse listings in Victoria BC.

Making an Offer on a Townhome

When you have found the right townhome, the next step as the prospective buyer is to make an offer. This is where it is vital to have a real estate agent. Your REALTOR® will walk you through the whole legal process involved in making an offer. The first part of the offer includes the contract of purchase and sale that you will draft with your agent. Your agent will help you choose an informed offer price and guide you through the important contract terms, clauses and conditions needed to protect you, plus countless other considerations that make up the offer process.
The Townhouse Marketing Group will assist you in planning and creating professional, compelling offers that will help you purchase your perfect townhome in Victoria BC.

Sealing the Deal

Once you make your offer, the seller will review it. Your offer price, dates, terms and conditions, and items included (such as appliances) will be considered by the seller. The seller may accept your offer as written, but most often provides a counter offer for their townhome in Victoria, BC. This is where your REALTOR’S® skill in the negotiation process is critical. You want to have your real estate agent working hard to get the best possible deal, save you the most money and get you favourable terms.
You should negotiate a period of time to do your due diligence to investigate and confirm that the property meets your needs and financing can be arranged if necessary. We generally advise a property inspection and review of strata documentation, as well as a number of other conditions. If all is to your satisfaction, you will remove the conditions and have a firm and binding contract to purchase. A deposit is usually expected by this time.
We at the Townhouse Marketing Group have overseen numerous successful purchases of Townhouses and Townhomes in Victoria, BC. We will help you get your dream townhome. Sign up now to get FREE, unlimited access to townhouse listings in Victoria BC.     

Taking Possession of Your New Home

When you take ownership depends on what you negotiated with the seller – generally anywhere from two weeks to several months or more. You will hire a lawyer or notary to draw up and prepare the papers related to the transfer of the property.
If you are purchasing a townhome that is not a new build (resale), there may be adjustments to the purchase amount to reflect any advance payments the owner made for property taxes, townhouse fees, etc. Once the money has been transferred, your townhome purchase in Victoria BC will be registered at the Land Titles Office in your name. 
Whether you are a first time buyer of a townhome, or you have purchased many times before, you’ll want to be sure that you are getting the best advice and understanding of how the process currently works from start to finish. Hiring a real estate agent will protect your interests as you purchase your townhome. You know someone has your back by having a REALTOR® working on your behalf, and we can simplify the process for you, so you can focus your energy on the most important decisions.
With the Townhouse Marketing Group, we have made it very easy to purchase a new townhome in Victoria, BC. Now you can access the best townhome listings online for FREE! Sign up now and start searching!