rue Métivier Dunham 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.
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
Residential land of 39.62 m frontal x 48.2 m irr.
Notarized access to Shelby Lake, short-term rental allowed, served by municipal sewers.
The buyer must inquire with the authorities concerned for the feasibility of his project.
Just over an hour from Montreal, the ideal place for a base in Estrie, on the wine route and near the Bromont and Sutton ski mountains.
Terrain résidentiel de 39.62 m frontal x 48.2 m irr.
Accès notarié au Lac Shelby, location court terme permise, desservi par les égouts municipaux.
L'acheteur devra s'informer auprès des instances concernées pour la faisabilité de son projet.
À peine plus d'une heure de Montréal, l'endroit idéal pour un pied-à-terre en Estrie, sur la route des vins et près des montagnes de ski Bromont et Sutton.