Purchase Step by Step

Congratulations! You found your perfect home… now what? Before you pick up your keys and break out the paint chips, there are a few things you need to check off your New Home Owner To-Do List.

 

step 1

deposit


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Along side your offer, you will need to provide a deposit of approx 5%. This should be in the form of a certified cheque or bank draft and often accompanies the offer. 

step 2

conditions


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Before the deal is done, I will ensure that any special conditions or inspections are completed to your satisfaction by involving the right experts. There is a time limit on how long you have to handle outstanding items, so I will ensure you don’t miss the window to have everything addressed and then have a waiver executed, making the deal binding. 

step 3

lawyer


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Having your lawyer review the offer prior to submission will safe guard you against a lot of potential issues. They should be reviewing all special conditions and ensuring that they have been satisfied. As well, in the weeks leading up to the closing date, you should be in touch with your lawyer to ensure that all the paper work is on track.

step 4

mortgage broker


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Once you make an offer, I will work with your mortgage broker and review the timeline for scheduled appraisals and other requirements of your mortgage. Prior to closing, you’ll need to have your mortgage papers executed and organized for your lender. Make sure that you’ve set all the required meetings and have all the documents and money transfers arranged.

step 5

Access Visits


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Once you have an accepted offer, we will schedule visits to your soon-to-be new home prior to closing.  These visits can be used to bring in decorators, contractors, friends and family.  The last visit will be used to make sure that the home is in the condition it was when you bought it.