How to buy this property
So you decided you like this property and would like to make an offer.
Here are the steps.
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1. Financing and Pre-approved Mortgage
As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.
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2. Visit and Inspection
When you have visited the property one or more times and you have made your decision, you will want to hire a home inspector to ensure that the property is in good condition. The inspector will check for defects and will provide a detailed inspection report. You will then know if there is work to be done and, in certain cases, you will have an estimate of how much it will cost to undertake them.
You can make an Offer to Purchase that is conditional upon obtaining a satisfactory inspection report (see next step).
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3. Negotiating and Offer to Purchase
For information on finalizing the transaction and making an Offer to Purchase, click here (http://www.comfree.com/buy/steps/legal).
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4. Finalizing the Transaction at the Notary
When the offer has been accepted and the conditions fulfilled, you must choose a notary to complete the transaction. The seller must provide the notary with the property titles.
The notary will then contact both parties to schedule a meeting in accordance with the timeframe you specified in the Offer to Purchase.
Once this step is completed, you can consider the property yours!
