Klein Residential Logo White
Klein Royal Lepage Icon White

Buying Our First Home In Canada

Print Download
Download
Add to Bookmark
Remove from Bookmarks
Share
Print
Download
Facebook

Contributed by Olga Tarasenko

Denys and Elena, a Ukrainian immigrant couple, came to Canada 14 years ago. For 10 years, they rented a home in a nice area of Burnaby. With two children, they eventually decided it was time to enter the housing market. Armed with a mortgage pre-approval, they began their journey of finding a home.

Details
Location
Services & Specialties
Date
January 2021
Client
Denys & Elena
Greater Vancouver
Tenant Representation, Advisory & Consulting, Research
Royal LePage Westside Klein Group (Vancouver)

Key Challenges & Problems

One of the most significant and common challenges they faced was a limited budget coupled with a long "wish list." Denys and Elena hoped to stay in Coquitlam or Burnaby, but the hot sellers' market in spring 2021 made this increasingly difficult. Properties within their price range were being sold as quickly as art at an auction, with multiple offers becoming the norm. As first-time home buyers, it was too risky to place offers without including conditions.

Solutions & Outcomes

Olga Tarasenko, their real estate advisor, tailored her approach to meet their unique needs and circumstances. Leveraging the power of storytelling, she helped craft a personalized letter from the buyers to the sellers, which included a family photo. This heartfelt gesture was combined with a thorough due diligence process before placing any offers. Olga meticulously reviewed strata documents, property disclosure statements, and pre-negotiated with listing agents to build rapport and strengthen their position.

Achieved Results

To align with their budget and wish list, the search pivoted to the Walnut Grove area in Langley. There, Olga identified a suitable townhome and applied her proven strategies. These efforts culminated in a successful bid, even amidst multiple offers. What initially felt like a long shot turned into a reality—Denys and Elena became proud homeowners in Canada.

As of January 2024, their BC Assessment notice revealed that the equity in their home increased by $126,000 in just two and a half years. Although buying at the peak of the market seemed like a risky decision, their bravery paid off, turning their dream of homeownership into a rewarding reality.

Summary

Greater Vancouver
Tenant Representation, Advisory & Consulting, Research
Royal LePage Westside Klein Group (Vancouver)

Related Case Studies

Buying Our First Home In Canada
The Challenge
The Solution

Solutions & Outcomes

Olga Tarasenko, their real estate advisor, tailored her approach to meet their unique needs and circumstances. Leveraging the power of storytelling, she helped craft a personalized letter from the buyers to the sellers, which included a family photo. This heartfelt gesture was combined with a thorough due diligence process before placing any offers. Olga meticulously reviewed strata documents, property disclosure statements, and pre-negotiated with listing agents to build rapport and strengthen their position.

Buying Our First Home In Canada
The Result

Achieved Results

To align with their budget and wish list, the search pivoted to the Walnut Grove area in Langley. There, Olga identified a suitable townhome and applied her proven strategies. These efforts culminated in a successful bid, even amidst multiple offers. What initially felt like a long shot turned into a reality—Denys and Elena became proud homeowners in Canada.

As of January 2024, their BC Assessment notice revealed that the equity in their home increased by $126,000 in just two and a half years. Although buying at the peak of the market seemed like a risky decision, their bravery paid off, turning their dream of homeownership into a rewarding reality.

 Specialists

KLEIN

Homeowner Guide

Whether you’ve just bought a home or have owned a property for decades, there are a few things every homeowner needs to know to care for their home  properly.

DOwnload Guide
Klein Residential Homeowner Guide
Klein Residential Logo White

Brokerage of

Royal LePage Westside 
Klein Group

Newsletter

Subscribe for first access to our public and non-public offerings, foreclosures, new projects and other developments.

Subscribe

Head Office

201 - 2468 Scotia Street
Vancouver, BC
Canada V5T 1W5

 

 

Brokerage of

Royal LePage Westside 
Klein Group

Klein Group Of Companies

Commercial
Project Marketing
Property Management

Head Office

201 - 2468 Scotia Street
Vancouver, BC
Canada V5T 1W5

Head Office

O 604 684 8844
T 866 352 9311
F 1 855 684 8844

201 - 2468 Scotia Street
Vancouver, BC
Canada V5T 1W5

arrow-left