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
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Original comments
Very well maintained agricultural land located in Yamaska. Of a size of 58.5 arpents /square with a small river that crosses it and of which more or less 17 arpents are of mature trees. Great possibility to install a maple bush and build your own residence. Information Michel.
Terre agricole très bien entretenue située à Yamaska. D'une grandeur de 58.5 arpents /carrés avec une petite rivière qui la traverse et dont plus ou moins 17 arpents sont d'arbres matures. Grande possibilité d'y installer une érablière et de construire votre propre résidence. Information Michel.