8 allée de la Randonnée Magog 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 large lot ready to build, 4,566 square meters, lot #08 of Allée de la Randée, no neighbors in the back, private development, harmonious regulations respected, asphalt street (coming soon). Located less than 10 minutes from Mont Orford, 2 minutes from the village of Orford, 6 minutes from downtown Magog, one hour from the Champlain Bridge... taxes applicable
.Beau grand terrain prêt à construire, 4 566 mètres carrés, lot #08 de l'allée de la Randonnée, aucun voisin à l'arrière, développement privé, règlement d'harmonie a respecté, rue asphalté (à venir). Situé à moins de 10 minutes du Mont Orford, 2 minutes du village d'Orford, 6 minutes du centre-ville de Magog, une heure du pont Champlain...taxes applicables.