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
Land at Lake Lovering in Magog, ready to build your dream home, $5.25 per square foot non-taxable.
Lot 4462653 (+/- 100' x 172') 17,200 square feet
Lot 4462651 (+/- 154' x 172') 26,770 square feet. Percolation test already performed.
Batches are not sold separately.
Great opportunity giving you 254 feet of facade on rue des Tourterelles and surrounded by a cedar hedge of 11 feet for extra privacy.
Located 11 km from the centre of Magog.
The buyer is responsible for checking with the competent authorities all the information necessary for the feasibility of his project regarding environmental construction standards and municipal by-laws.
Terrain au lac Lovering à Magog, prêt à construire votre résidence de rêve, 5,25 $ le pied carré non taxable.
Lot 4462653 (+/- 100' x 172') 17 200 pieds carrés
Lot 4462651 (+/- 154' x 172') 26 770 pieds carrés. Test de percolation déjà effectué.
Les lots ne sont pas vendus séparément.
Belle opportunité vous donnant 254 pieds de façade sur la rue des Tourterelles et entouré d'une haie de cèdres de 11 pieds pour plus d'intimité.
Situé à 11 km du centre-ville de Magog.
L'acheteur est responsable de vérifier auprès des autorités compétentes toutes les informations nécessaires pour la faisabilité de son projet quant aux normes de construction environnementales et aux règlements municipaux.