Now what?

When it comes to the buying process, knowledge is key. The more you are prepared and informed, the easier this transaction will be. From start to finish, we can help you through this process.

That is what we are here for. If ever in doubt just ask.

Here are a few tips...
To walk you through closing.

BEFORE YOU MAKE AN OFFER.
▪ Get pre-approved for a mortgage. This will give you knowledge as to how much you can afford and how much it will cost to carry your home on a monthly basis. This can also be advantageous in a multiple offer situation.
▪ Make sure you have enough money available to cover the deposit. This amount will be due 24 hours after the offer is accepted. Keep in mind that some financial institutions require some time to move funds or produce a bank draft.

ONCE YOUR OFFER HAS BEEN MADE AND ACCEPTED.
▪ Determine if you require a home inspection. Remember, this is a big purchase a home inspection is definitely a good investment. Once your inspection is booked, make sure you are available to attend the inspection. This is your opportunity to learn about your new property.
▪ Meet and select a good real estate lawyer.
▪ Finalize your financing with your selected funding provider.

BEFORE CLOSING DAY.
▪ Make sure you have all funds available to cover your closing costs.
▪ Do not make any drastic financial transactions before the final closing of your mortgage. You have been pre-approved based upon the information that was provided. If the financial information provided changes, your financing might be jeopardized.
▪ Speak with your lawyer about rebates and credits you might be eligible for.
▪ Set up home insurance for your new property.
▪ Set up accounts or transfer accounts for hydro, water, electricity, phone, cable, and Internet.

CLOSING DAY.
▪ Meet with your lawyer to sign all paperwork, pay closing costs and pick up your keys.
▪ Update your mailing address for services, including medical, school, and government identification.
▪ Celebrate!