BUYING A
NEW HOME
FAQ
Buying a new home is a journey and we are with you every step of the way. Our team has compiled some Frequently Asked Questions (FAQs) to give you a sense of what it’s like to purchase a new home by Stalwood Homes.
HOW DO I DETERMINE WHICH HOME IS RIGHT FOR ME AND MY FAMILY?
We recommend you consider what you want, and what you need. Think about your family and your lifestyle. From how many bedrooms you need, bathrooms too, to whether you’d like a backyard, or space to entertain friends. Once you have your list of wants and needs, you can begin to research upcoming communities and the styles of homes offered there.
HOW DO I GET PRE-APPROVED AND SET A BUDGET?
Your best first step is to speak to a financial expert, such as a mortgage specialist. At Stalwood Homes, we have partnered with RBC Royal Bank to offer a preferred mortgage financial solution for our homebuyers. You can learn more about this here. Before you purchase a new home it’s always a good idea to have a budget in mind. You may be required to submit a mortgage pre-approval letter from a reputable financial institution in order to finalize your new home purchase.
HOW DO I CHOOSE WHERE TO LIVE?
On our website, we have a drop down menu called ‘Our Communities’ and a list of everywhere we are building new homes. The best way to stay informed about new releases in our communities is to register for emails that come straight to your inbox.
HOW DO I FIND THE RIGHT HOME FOR US?
We have lots of tools to help! Site plans are a bird’s eye view of the new neighbourhood and you will be able to see where your lot and home are in relation to the others. Floor plans are helpful in visualizing movement through the home. You will see the kitchen layout, the size of the bedrooms and bathrooms, and even the window placement. Photo galleries and touring model homes are also great ways to imagine your family in the space.
HOW DO I PURCHASE A NEW HOME?
When you are ready to buy your new home, you will need to sign an Agreement of Purchase and Sale. You will need to have deposit cheques, photo ID and your pre-approval documents with you. We know it’s a big decision, and our team is here to answer your questions every step of the way!
WHAT HAPPENS AFTER I PURCHASE MY HOME?
Soon after you purchase, you will be contacted by our team with an outline of next steps. You will have appointments with our Décor and Kitchen Design team as well as our flooring expert to select your finishes.
WHEN DO I KNOW IT’S TIME TO MOVE IN?
We will ensure you have all of the important information ahead of closing and occupancy dates. You will have ample time to get organized for moving day and when the day to move into your brand new home arrives, it will be so rewarding!
