Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.
One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.
The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.
Need the form?
The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.
The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.
Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!
See our All about buying section.
Owners’ comments
New lands available in St-Gilles. Only 25 minutes from the bridges. Le Havre des Commissaires offers residential land for self-builders and builders, perfect for a single family home in a quiet area close to nature with all services.
Phase two will begin in May 2020. There will be 10 single-family lots, including 7 lots with no rear neighbors. Dimensions are from 6,500 to 13,600 square feet. Land 21 is already sold. There are 16 semi-detached lots. Do not hesitate to contact me for more information. 418-928-3588
Click here to see the list of available lots
Click here to see our video which gives you a view of this superb project!
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