Step 1: Assess Your Finances & Get Pre-Approved

Action: Before you even look at listings, meet with a mortgage broker or lender.
Why: A pre-approval tells you exactly what you can afford, shows sellers you're a serious buyer, and locks in an interest rate.
Edmonton Tip: Get quotes from multiple lenders (big banks, credit unions, and mortgage brokers) to ensure you get the best rate.

Step 2: Choose the Right Real Estate Agent

Action: Interview at least 2-3 buyer's agents before signing a representation agreement.
Why: A good agent provides expert negotiation, access to off-market listings, and guides you through the entire process. Their commission is typically paid by the seller.
Edmonton Tip: Choose an agent with deep knowledge of your target neighbourhoods, whether it's a new build in Windermere or a character home in Glenora.

Step 3: Define Your Needs & Wants

Action: Create two lists: "Must-Haves" (e.g., number of bedrooms, budget) and "Nice-to-Haves" (e.g., granite counters, backyard deck).
Why: This clarity helps your agent filter properties efficiently and prevents emotional decision-making.
Edmonton Tip: Consider Edmonton-specific factors: proximity to the LRT, south-facing driveways (for easier winter maintenance), and energy efficiency for our climate. 

Step 4: Begin the Home Search

Action: Review curated listings from your agent and attend viewings.
Why: The online search is just the beginning. In-person viewings are crucial to assess a home's true condition, flow, and neighbourhood feel.
Edmonton Tip: Be prepared for quick decisions in a hot market. Have your schedule flexible for last-minute viewings. 

Step 5: Make an Offer

Action: Your agent will prepare a purchase contract, including price, deposit, closing date, and conditions.
Why: A well-structured offer protects you and serves as the foundation for negotiation.
Edmonton Tip: In multiple-offer situations, your agent's strategy on price and terms is critical. Sometimes, a flexible closing date is more valuable than a higher price to a seller.

Step 6: Negotiate & Sign the Contract

Action: The seller may accept, reject, or counter your offer. Your agent will negotiate on your behalf.
Why: Skilled negotiation can save you thousands of dollars and secure better terms.
Edmonton Tip: Common conditions in Alberta offers include "Subject to Financing" and "Subject to Inspection." 

Step 7: Fulfill Conditions

Action: This is the due diligence period (usually 1-2 weeks).

• Home Inspection: Hire a professional to uncover any potential issues with the property.
• Financing: Finalize your mortgage with the lender.

Why: These conditions allow you to back out of the deal without penalty if something is wrong.

Edmonton Tip: For older homes, consider additional inspections like a sewer scope to check for root intrusion or breaks.

Step 8: Secure Home Insurance

Action: Arrange for property insurance to be effective on or before your closing date.
Why: Your mortgage lender requires proof of insurance before they will fund the loan.
Edmonton Tip: Shop around for quotes and ensure your policy covers common Alberta issues like sewer backup or hail damage.

Step 9: Work with Your Lawyer

Action: Your real estate lawyer will handle the title search, prepare documents, and manage the transfer of funds.
Why: They ensure the legal transfer of the property is clean and correct.
Edmonton Tip: Your agent can recommend experienced local real estate lawyers. 

Step 10: Complete Final Walk-Through & Closing

Action:

• Final Walk-Through: Do a final visit to the property within 24 hours of closing to ensure its condition hasn't changed.
• Closing Day: Your lawyer registers the title in your name, the funds are transferred, and you get the keys!

Why: The walk-through is your last chance to identify any issues. Closing is the finish line!

Edmonton Tip: Coordinate key pickup with your agent. Congratulations, you're a homeowner!