In savings for our clients
$ 0 +

Buying Process

Home buying, with a bonus! Receive $5,000 from our commission for your new journey.

When you buy a home, the seller pays a commission that’s split between their agent and yours. We give you $5,000 from our fee. Because real estate has changed and YOU deserve to benefit!

* Applicable to homes $500,000 or more

Mohammed
Mohammed
2024-03-07
I was pleased to work with Mr Majid Golchini from Modern Solution , he is a professional person and meticulous in his work and deadlines. He has completed several successful sales deals for me. I will continue to work with him to complete other sales transactions . I recommend everyone to deal with him .
Malcolm Djiadeu
Malcolm Djiadeu
2024-03-07
I heard about Modern Solutions Realty through a friend who raved about a pleasant experience they had listing their home with them. I can honestly say I was not disappointed. Ryan from Modern Solutions has made this experience that much more positive for us. Attentive, empathetic and decisive. Able to answer any questions and concerns we had during the process! Belissima!
Issa Zoumat
Issa Zoumat
2024-03-07
Ryan from Modern Solution Realty was phenomenal! Initially hesitant about the 1% commission, but it turned out to be a fantastic deal. Ryan’s expertise and dedication ensured we got the most value. He listened, guided, and delivered the perfect home quickly. Highly recommend Ryan for anyone seeking a reliable and caring real estate agent.
Ryan Harkins
Ryan Harkins
2024-03-06
It’s been an absolute pleasure working with Modern Solution as a Sales Representative. Looking forward to helping Buyers and Sellers with their services in the near and distant future!
Mike Cotic
Mike Cotic
2024-03-05
Neha was instrumental in selling our home above asking and paid attention to every detail on closing .She was awesome .Mike
A D
A D
2024-03-05
A bit perturbed by my realtor, I was looking for a new one when I stumbled upon modern realty and got to know about Hannah. So far, I am very happy I did. She brings professionalism to the role that is often riddled with its fair share of problems. Our interaction and engagement with Hannah have been very smooth and friendly. She ensures our requests are taken care of, and truly represents us when speaking to folks on our behalf. We never have had to do any follow-ups and Hannah always ensure a courtesy checkin calls to ensure there is nothing pending and always keep us up to date. We are hoping the rest of the time left in our engagement, as we wait for closing, goes well as well and have no second thoughts about recommending Hannah! She is great!
Michael Lum
Michael Lum
2024-02-26
Hamid helped me get a great house at the price I wanted. He was informative and not pushy. Will definitely use again in the future!
Zia Khan
Zia Khan
2024-02-14
Very happy with their services . Definitely recommend to sales of your house .
Evangeline
Evangeline
2024-01-28
I had the pleasure of working with Raymond Josephain when listing my property. He did a wonderful job representing me & patiently answered all my questions. He was prompt & knowledgeable. I will 100% be calling Ray in the future as I trust him & value his advice. You’ll be in good hands with Ray.

Buy for less with Modern Solution

The real estate industry has changed. Here’s how we can pass the savings on to you.

We help you plan out the journey

Our seasoned agents will guide you through each step of the home-buying process, ensuring that you find one tailored to your specific criteria.

We go see some houses together

Our agents will never pressure you to buy; they are only there to help you select the home that best matches your needs.

We negotiate to get the best price

You can be assured that we will negotiate tirelessly on your behalf, to get the best price, terms, and conditions.

We help you to get your mortgage commitment

Mere mortgage approval isn’t sufficient for closing; secure your loan by obtaining a mortgage commitment before the closing date.

We search extensively

We conduct an extensive search of all MLS® and exclusive listings we have access to offline.

We consult on each listing with you

Get expert guidance on home buying with us! Our agents will assist you in evaluating the pros and cons of each opportunity.

We help hire an expert home inspector

Our agents review the inspection report with you fully before you make your final decision.

We help you to finalize your home purchase, hassle-free

After you firmed up your home purchase there’s still lots of work that needs to be done to finalize the closing.
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Sell With Us and Get Your Fair Share.

Use the form below to send us an email. We’ll get back to you as soon as we can.

Buyer Rebate

Get to the Bank

A very simple and necessary step in the home buying process, meeting with a mortgage broker or bank who can inform you of exactly how much you can comfortably spend, mortgage payment details and answer any mortgage questions you may have. They will provide you with the confidence you need when planning your purchase. This is important because you don’t want to waste time, you have to be ready so that when we show you your dream home, you are ready to pounce.

Wants & Needs

Modern Solution Realty will qualify your needs and make sure we do not waste any time looking at properties that do not fit the parameters of what exactly you are looking for. This is where we really get to learn what you appreciate when it comes to your future home, your property turn ons and turn offs. Everything will be taken into account, the area you love, the amenities that are crucial to you, distance to schools, commute to work, highway accessibility etc. We scour your desired area daily searching for properties that meet your requirements, every time there is a hit you will receive an email right away.

When you are ready to get out there we will set up private showings and give you any extra details you may have been unaware of about the property or surrounding area.

Purchase Price

Listing prices are just that: a list price, just because a property is listed at a certain price doesn’t mean that is what it’s worth or what you will pay. We do extensive research and produce a comparative market analysis (CMA) as if we were to list the property of interest to come up with an idea of what the property should sell for.

Making an Offer

You have fallen in love and would like to make an offer. We will draw up all the necessary documents and explain to you all the aspects of the offer that you can include or drop to help your chances of the offer being accepted. Besides price which is usually the most important there are other factors that can affect whether or not the offer is accepted, these are the conditions.

To name a few you can make your offer conditional on obtaining financing, an inspection and having your lawyer review the status certificate (if buying a condo) etc.

Your offer may be the only one or there could be multiple offers in which case there are a few things you can do to make your offer more attractive which we will walk you through. The seller will have 3 options when presented with an offer:

1

The seller can accept the offer as is.

2

The seller can reject the offer.

3

The seller can counter the offer.

Most common is the third choice and this is where years of negotiating experience takes centre stage. Our experienced real estate agents will go back and forth with the seller’s agent until you are comfortable with the price and the other terms of the agreement of purchase and sale.

The Deposit

The terms of the agreement have been accepted by both parties at which point you, the buyer, will provide a certified cheque or bank draft for the deposit amount that will be held in the selling brokerage’s trust account. If for whatever reason you cannot fulfill a condition or you are unwilling to accept a deficiency found the deal will become null and void and the deposit will be returned back to you, the buyer in full.

If there are no issues, once the conditions are fulfilled the deal will firm up and the deposit will be held by the selling brokerage in trust until closing.

Conditions

The condition of financing is usually quick to fulfill as most buyers have already seen a mortgage broker and have been pre-approved. You will just need to visit your mortgage broker and they will begin the final approval process. The common range of time for this condition is 5-7 business days.

The inspection will take place on a pre-agreed upon date by both parties and will run roughly 2-3 hours. We will accompany you and the inspector to the home while he conducts his/her inspection. Following the inspection you will be handed a summary of the findings, at which point 4 things can happen:

1

All will be good and you will sign the waiver.

2

There might be issues you would like the seller to fix.

3

You will ask for money back which has a few variables to consider and we will walk you through all of them at that time.

4

There is an issue that you are unwilling to accept and are unwilling to move forward with the sale, in which case the deposit will be returned to you in full.

In the case of a condo, The Status Certificate will be ordered by the seller at their own expense ($100) and usually takes between 6-10 business day to receive. The document will then be reviewed by the buyer’s lawyer which can take 1-3 business days. This condition is for the benefit of the buyer and if everything in the document is satisfactory to you, you can go ahead and sign the waiver.

Once all the conditions have been met and the waiver/waivers have been signed the deal becomes firm and you have officially bought a home!

Revisits

The majority of offers will allow for the buyer to revisit the property one or two more times before closing. This will allow you to measure certain areas so you can begin planning what you are going to do with the space, bring family through and also give you the chance to check if everything is in good working order.

Moving Day

This day can be stressful and exhausting so a good idea might be to hire professional movers. They do come at a price but in our experience for the larger moves it’s worth it. Just a reminder if you are moving into a condo you will have to book the elevator in advance.

Mortgage Details

Upon your final visit to your mortgage broker they will go over the details of your mortgage agreement, be sure to ask lots of questions until you fully understand what will be required of you. Once you are comfortable with the terms you will sign off on the mortgage.

Visit your Lawyer

You will need to meet with your lawyer to hand over a cheque for the balance of the purchase price deducting the mortgage amount and deposit but including your land transfer tax amount (LTT) and any other adjustments which your lawyer will inform you of. An example of these other adjustments could be reimbursing the seller for maintenance fees paid past the date of closing.

Closing Day

The cheque has been cleared and the funds transferred. Now all you need to do is meet with your lawyer one final time to pick up the keys to your new home!

Congratulations you bought a home!

After your purchase has closed Modern Solution Realty will receive a commission from the listing brokerage (usually 1-2 weeks after closing), at this time we will send you a cheque for your rebate less the transfer fee of $50.00

Stay Up To Date

MSR Active Listings

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Property details


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Richmond Hill, 11611 Yonge St, #1 3


$2,242,870
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