1454 Route 141 Sud St-Hermenegilde 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 residential lot on the edge of Lake Wallace with an area of 89,099 ft2 (2 acres) with 210 feet of frontage to it and on the edge of the Black River. This haven of peace bearing the lot number 5 792 545 is grassed and wooded, and it is accessible by easement of way (no road frontage), so it is very intimate and private. It is also adjacent to the American border. It includes a beautiful sandy beach, a concrete boat ramp, a steel bridge to cross the Black River, a detached garage, a shed, septic installations, a steel dock on wheels as well as the foundation of the old house that burned down
in January 2025.The artesian well is located on the other lot (bearing the lot number 5 792 551) located along Highway 141. This vacant and wooded lot in its natural state has an area of 83,366 ft2 (almost 2 acres). It has a courtyard entrance and a pond.
Beau grand terrain résidentiel sur le bord du lac Wallace d'une superficie de 89 099 pi2 (2 acres) avec 210 pieds de façade à celui-ci et en bordure de la rivière Noire. Cet havre de paix portant le numéro de lot 5 792 545 est gazonné et boisé, et il est accessible par servitude de passage (aucune façade à la route), donc très intime et privé. Il est aussi adossé à la frontière américaine. On y retrouve une belle plage de sable, une descente de bateau en béton, un pont en acier pour traverser la rivière Noire, un garage détaché, une remise, des installations septiques, un quai en acier sur roues ainsi que la fondation de l'ancienne maison incendiée en janvier 2025.
Le puits artésien est situé sur l'autre terrain (portant le numéro de lot 5 792 551) situé en bordure de la route 141. Ce terrain vacant et boisé à l'état naturel a une superficie de 83 366 pi2 (presque 2 acres). Il possède une entrée de cour et un étang.