First Time Buyers

Use these 7 steps...

Possession Day

Okay, you've bought the house of your dreams.Now comes the hard part: waiting to take possession.

The date of possession is set by the buyer and seller as a condition in the offer to purchase and may range from a few days to several months. The amount of time between acceptance of your offer and you taking possession is something that you and the seller will decide.

Legal Requirements

While you're waiting to move many different people are working on your behalf.
Your lawyer is...

  • searching the title
  • checking the tax situation
  • registering the property in your name
  • registering the mortgage against the title
  • waiting for the advance of funds.

Your agent is...

  • checking with all parties to ensure that possession takes places on time
  • arranging the key pick-up and the final inspection 'walk through' once money is in place

Your banker is...

  • preparing mortgage instructions for your lawyer.