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.
Landlord’s comments
Wonderful 3 1/2 penthouse condo located in "Circle Square" Pointe-Claire
- Distinctive top floor 3 1/2 condo with 2 separate patio doors
- Wonderful building of choice and location in Circle Square Pointe-Claire
- Open concept spacious condo center unit, with bright natural light facing east
- Re-enforced solid concrete construction with superior soundproofing
- Secure and very tranquil 6-floor solid building
- Move-in condition in a very well-maintained building
- Spacious bedroom with private patio door to oversized balcony
- Large living room with private patio door to oversized balcony
- One reserved private heated indoor parking included
- Ample exterior parking for visitors
- Two elevators
- Wall-mounted air conditioning unit included
- Multiple security cameras on each floor for maximum security
- Large private locker space included
Included:
- Refrigerator
- Electric stove and microwave
- Washer and dryer
- Dishwasher
- Hot water tank
- Alarm system (not connected)
Proximity:
- Superb location, close to REM, public transportation, commuter train, hospital, highway,
CEGEP, hospital, golf, park, various schools, Kuper Academy, Fairview Mall, restaurants, etc.