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
For sale, rue Honoré, along Lac Docteur in St-Honoré. Large lot, 66,703.95 sq.ft.; building permit, possibility of having animals, ideal for farm, flat, sandy land with yellow soil, well drained, deforested, dumped, ready to build. Asphalted, snow-cleared street, very quiet cul-de-sac, ideal for raising children, with no neighbours in the back. Good internet network. Electricity and water available. 10 minutes from Chicoutimi, 5 minutes from the village with all services, public transport. Access to the ATV and snowmobile trail. Several other lots available.
À vendre, rue Honoré, longe le Lac Docteur à St-Honoré. Grand terrain, 66,703.95 pi.2; permis de construire, possibilité d'avoir des animaux, idéal pour fermette, terrain plat, sablonneux avec terre jaune, bien drainé, déboisé, essouché, prêt pour construire. Rue asphaltée, déneigée, cul-de-sac très tranquille, idéal pour élever des enfants, sans voisin arrière. Bon réseau internet. Électricité et eau disponibles. À 10 minutes de Chicoutimi, 5 minutes du village avec tous les services, transport en commun. Accès à la piste de VTT et de motoneige. Plusieurs autres terrains disponibles.