chemin Morissette Orford 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
2 Lots at navigable Grand Lac Brompton located on a peninsula in Orford Township in Estrie. The main land is ready for construction with building positioning surveying recently done with canton standards. The possibility is 2 floors and 3 bedrooms, 1000 gallon sealed septic tank. This land can also accommodate RV vehicles for people returning from winter in the south. The second 20 foot by 100 foot lot is opposite and directly on the waterfront with a boat dock and a relaxation platform. Also access to a private beach for residents of the area is about 100 feet away.
2 Terrains au Grand lac Brompton navigable situé sur une presqu ile dans le canton d Orford en Estrie. Le terrain principale est près a bâtir avec arpentage de positionnement de bâtisse fait dernièrement avec les normes du canton. La possibilité est de 2 étages et 3 chambres a couché, fosse septique scellé de 1000 gallons. Ce terrain peut aussi accueillir véhicule VR pour les gens qui reviennent de l hiver dans le sud. Le deuxième terrain de 20 pieds par 100 pieds est en face et directement sur le bord de l eau avec un quai pour bateau et une plate forme de détente. Aussi accès a une plage privé pour résidents du secteur a environ 100 pieds.