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Buying a house in Edmonton is a simple and safe process thanks to Canada’s (Torrens System), insuring there is almost no possibility for Land Title Fraud, and our cities Real Estate Association.

You do not have to use a Realtor to buy a home in Edmonton it can make a somewhat complicated process incredibly easy. All Realtors in Edmonton operate under the same Realtors Association of Edmonton. We also all use the same Contracts provided by the Canadian Real Estate Association (CREA). As a result, there is not much room for mistakes or confusing scenarios. In addition to Realtors both the Buyer and the Seller are represented by their own lawyer, each backed by their own association and insurance.

STEP ONE: Mortgage Pre-approval

To buy a home in Edmonton you need to contact a financial institution and request a pre-approval for a residential mortgage. To get pre-approved you’ll need to provide proof of employment and income, pass a credit check, and show the bank proof of sufficient down payment funds among other potential requirements.

STEP TWO: Find a Realtor

Once you are pre-approved you need to find a Realtor. A nice part about buying a home in Edmonton is that your Realtor is paid by the sellers, so there are no fees for working with a Realtor. This is a good website to find Realtors based on their reviews from past clients. Your Realtor will tour you through 10-40 houses within your price range and desired location. It’s best to tour as many houses as possible. Tour homes until you feel comfortable with all the different options available. We’ll be in this stage of house hunting for 3 – 8 weeks.

STEP THREE: Write a Conditional Offer

Once you’ve found a house your Realtor needs to start the due diligence process. This should begin with reviewing the comparable sales from the neighborhood. A comparable sale is a property with similar qualities to the one you are buying. Qualities like year built, size (square footage), upgrades and quality of finishes throughout. It is important that you purchase the house for market value. Once you and your Realtor have decided on a price you will write an offer and submit it to the sellers Realtor.

STEP FOUR: Conditional Period

You’ve signed the purchase contract! We now have 2 weeks to get the mortgage and inspect the property. If your bank approves you for a mortgage on that specific home and the inspection results confirm there is nothing to worry about with the house, you can ‘remove conditions’ and you have now purchased a home in Edmonton! If there are issues with the inspection we can negotiate further on the price or walk away from the home. There are no consequences from walking away from a deal due to a bad inspection other than the cost of the inspection.

STEP FIVE: Possession Day

Possession day is when the home officially becomes yours. You will meet with you lawyer prior to possession and all paperwork will be signed to ensure funds transfer properly on possession day.

If you have any specific questions, feel free to contact me!

Dayneris quintana
Dayneris quintana
We recently had the pleasure of working with Logan to sell our apartment located in Edmonton while we live in Calgary, and we couldn't be happier with the results. Logan did an excellent job making suggestion for a better sale and renovating the apartment, transforming it into a stunning space. Thanks to his efforts, the apartment sold quickly and for above the asking price. Communication was seamless throughout the process. He kept us informed at every stage regarding the renovating process and the interest and in the apartment. We highly recommend Logan Patterson for his dedication, professionalism, and exceptional results. Thank you for your outstanding service!
Clarence Bouwsema
Clarence Bouwsema
Logan helped make the whole process easier and stressful free.
Darren Rankin
Darren Rankin
Couldn't have asked for a better realtor than Logan. Hard-working, punctual, and dedicated, he goes above and beyond regardless of whether you're buying a cozy condo or a dream home. His deep understanding of the market and strong rapport with fellow realtors make the process smooth sailing. Plus, his wealth of advice and keen eye for detail saved me money by catching things others might miss. Highly recommend using his broker, especially if you're a first-time homebuyer. Thanks for everything, Logan! PS: If you're a first-time homebuyer, just use his broker. Trust me, you won't regret it!
Michael Coderre
Michael Coderre
Logan was a pleasure to work with. He made recommendations on what would be the best money spent to sell our home quickly, and even lined up the trades and provided quotes for the work. In my opinion his services are a step above my past experiences, and I would highly recommend his services to any home seller. The fact that we sold the home for over asking price with no conditions was definitely the icing on the cake! Thanks Logan.
Harry Yau
Harry Yau
The whole experience selling my property was as easy as it could have been. Logan was incredibly helpful, keeping us up to date with amount of people interested, offers, and counters on a timely basis. He gave us comparable properties to help calibrate our asking price, and kept us updated on sale trends in the Edmonton market. He worked hard for our business, is very professional, and was always understanding of our availability limitations (total of 3 partners making decisions together from 3 different cities). I would hire him again, and would certainly recommend him to anyone looking to buy or sell in Edmonton.
Jaymee Sison
Jaymee Sison
Logan made the whole sale process from start to finish very easy. I live in a different city from where the property is located so I wasn't readily available to help with the sale. Logan coordinated photos, showings and best of all, he was respectful and mindful of our tenants who were currently living in the property. Thank you for your hard work Logan. We couldn't have been happier with the sale! $21K over list price!
Reid Tames
Reid Tames
Logan was phenomenal and super accommodating when it came to helping us buy our first home! We had so many questions and were challenging with our schedule but he was able to make it all work for US! Would highly recommend to any friends and family!!
MVP Power Inc
MVP Power Inc
Logan did an amazing job! He was very patient as we had seen several houses and willing to meet us any time. He was very knowledgeable about the neighbourhoods we wanted to buy in.

Author Logan Patterson

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