STEP 2 — VIEWING HOMES & WHAT TO EXPECT

• Working with An Agent
• Viewing A Home

After you have your pre-approval in place, the home viewing process is next. This is definitely the most exciting part of purchasing a home and gives you the chance to visit the home in-person and see if it’s the right size for you, if it’s bright enough, close enough to schools, parks, and transportation.

Maxime Lafrenière will provide helpful information on homes and neighborhoods that is not always easily accessible to the public. The knowledge of the home buying process, negotiating skills, and familiarity with the area you want to live in will be extremely valuable. Maxime Lafrenière will carefully research and help determine the fair market value of the property. He will point out the benefits and disadvantages as it relates to resale value.

STEP 3 — WRITING AN OFFER

• Emotions
• Contract of Purchase & Sale
• Terms & Conditions

You have found the right property, and you’re ready to write an offer. Let’s talk about the process and the emotions that may follow. During this time, it’s normal to feel excited, nervous, scared, and a lot of other emotions. Having a professional available to walk you through this process will help you feel more confident in what might be the largest personal investment of your life. At this point, Maxime Lafrenière will guide you on the key Terms and Conditions to include in your Contract.

STEP 4 — ACCEPTED OFFER

• Your Tasks
• Costs with Purchasing

Congratulations, you have an Accepted Offer!

The first step after making an offer and having it accepted is to complete any inspections that the offer was contingent upon. If one of the contingencies was a home inspection, you have a certain number of days to complete the home inspection after acceptance of the offer. When buying a house, there are dozens of reasons why having a home inspection is a good idea, even with new constructions.

STEP 5 — COMPLETING THE APPLICATION & WORKING WITH A NOTARY

• Mortgage Application
• Choosing Notary

After the inspection period is completed and any necessary negotiations are made, the next step to buying a house is completing the formal mortgage application with the lender.

Once your deposit has been paid, you will need to choose a Notary to assist you at completion. We will ensure your file is sent to your Notary. They will provide you with an estimate cost for the conveyance of your property. This will include all legal paperwork, disbursements, prorated taxes, and maintenance if applicable. You will make an appointment to meet with the lawyer within 7 to 30 days prior to completion.

STEP 6 — CLOSING AND GETTING THE KEYS

Closing day is here, congratulations!

Buying a house is one of the most exciting events in a lifetime and closing day is when you’ll receive the keys to your new house. At closing, you’ll be signing a few documents that finalize the sale of your new home. Understanding what to expect at a real estate closing is important and makes the closing seem much less stressful. Once all the documents have been signed, if the purchase offer indicated you’d receive possession at closing, you’ll receive all the keys to the property.