Affordability
The first step in buying a property is deciding how much you can afford to spend based on your savings or mortgage.
Proof
If taking a mortgage, visit your financial institution to get a pre-qualification letter.
Deposit
Decide how much you can deposit. This may range from
10% – 15% of the sale price of the property.
Type
Do you want to live in a single-family home or a complex? You will need to decide what types of properties you are open to purchasing.
Size
How many bedrooms and bathrooms do you need? How much space do you really need?
Location
Where do you want to live? Decide on the Parish, and possible communities.
Reality Check!
Be honest with yourself. Balance what you want, with what you need and can afford.
Register
Complete the CRS Client Registration Form.
Register Now!
Documents
Upload the required documents.
Subscribe
Subscribe to receive notifications of upcoming auctions.
Browse
When an auction goes live, review the available properties. Could any of them meet your needs?
Check Out the Current Properties on Auction!
Visit
Visit the location to view the
EXTERIOR of the property. Unlike open market purchases, you typically do not have access to see the inside of auctioned properties, as they may be occupied.
Explore
Familiarize yourself with the community. Understand what amenities are available, and the culture of the neighbourhood.
Research
Do your research to determine the value of similar properties. Your
CRS Agent will guide you.
Fine Print
Read the conditions of sale. It outlines the rules of the auctions, your eligibility to bid, and the time to complete the purchase.
Bid
Bid on the property that meets your needs and budget.
Pay Attention
Check your email and other alerts to know if the auction is closing, or if you have been outbid.
Deposit
The deposit is usually
10 – 15% and is typically due within 24 hours of winning the auction. Make sure the funds are available.
Balance
Pay the balance within the agreed timeframe. This may be financed through your savings or a mortgage.
Close the Deal
Complete the legal requirements to transfer the title. Your CRS Agent and partners will guide you.
Let everyone know about the high quality service you received at Complete Realty Solutions (CRS).
