238 rue des Cèdres St-Pie Montérégie (Rive-Sud Montréal)
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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
Land for sale measuring 21.34 m of facade by 27.43 m deep, which can build a single-family house of 750 feet in area. There is nothing to do on the ground, it offers an incomparable view of Mount Yamaska. It is a peaceful place, and with a good neighborhood. Asking price: $110,000.
Terrain à vendre mesurant 21,34 m de façade par 27,43 m de profondeur, pouvant bâtir une maison unifamiliale de 750 pieds de superficie. Il n'y a rien à faire sur le terrain, il offre une vue incomparable sur le mont Yamaska. C'est un endroit paisible, et avec un bon voisinage. Prix demandé : 110 000 $.