Buying a house step by step |
Buying a house is probably the most important purchase you will ever make.
You must be careful and you should know what are the steps that you have to go through in such a transaction.
You will find hereafter some information that will help you go trough your purchase.
Do not hesitate to consult a real estate professional. It may be the best way to prevent problems.
Buying a house step by step:
Signature of the purchase offer by all parties (vendor and buyer).
Deposit made to the notary or to the real estate broker designated in the purchase offer
Mortgage request made to the mortgage broker or financial institution.
Mortgage acceptance of the buyer's mortgage.
Transfer of the property titles and the survey certificate to the notary.
Closing by the purchaser at the notary's office of the mortgage deed.
A few days later the closing of the sale is made at the notary's office. All parties are there namely the vendor, the purchaser and the real estate agents if applicable.
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