route 143 Cleveland Estrie
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The steps involved in buying a property
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.
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.
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Owners’ comments
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Original comments
Beautiful residential lot in Cleveland on the edge of Highway 143 along the St-François River. No neighbours in the back overlooking the hill. Much of the land is already grass and has a few mature trees.
- Area of 3294 m/35,450 feet
- unstructured island. Residential construction law
- 6 minutes from the city of Windsor, 8 minutes from Richmond and 20 minutes from Sherbrooke.
Beau terrain résidentiel à Cleveland sur le bord de la route 143 qui longe la rivière St-François. Aucun voisin à l'arrière avec vue sur la colline. Une bonne partie du terrain est déjà en gazon et compte quelques arbres matures.
- Superficie de 3294 m/35 450 pieds
- îlot déstructuré. Droit de construction résidentielle
- À 6 minutes de la ville de Windsor, 8 minutes de Richmond et 20 minutes de Sherbrooke.