The day before or the morning of closing you will do your pre-closing inspection and make arrangements to visit your lawyer to sign the mortgage documents and pay your down payment and closing costs. The lawyer will send the required funds to the sellers lawyer who will send your lawyer a deed from the sellers to you. Your lawyer will then pay the deed transfer tax to the local municipality and record your deed and mortgage at the local land registration office. You now officialy own your own home.Please feel free to email us if you have any questions about our website at firstname.lastname@example.org
Now that you own your own home here are some important tips.
1. Your home is your largest single investment and any gain in value is tax free in Canada so it is extremely important that you maintain and keep your home in proper condition. This will over time substansialy improve your net worth and over all finacial health. Real estate values normaly increase every year. Maintaining that value can be one of the smartest things you can do. Appraisers call that pride of ownership and it is the first thing they look for when appraising a home for a lender.
2. If you have an older home you may qualify for many different home improvement programs especialy relating to energy. CMHC is Canada's leading housing authority and there is lots of valuable information on their website. They have an informative series of videos about home buying just send us an email at email@example.com and we will email you the link. Also here is a link to apply for a mortgage online through a mortgage broker http://www.hantsfinancial.ca
In closing we want to thank you for visiting our website. We hope you have enjoyed it and we have been able to shed some light on the home buying process. This website is provided as a free service and we welcome any questions or comments just email us at firstname.lastname@example.org
Notice: This website is provided as a free source of information to the public by Hants Realty Limited. There is no intention to solicit business from individuals already under contract with other real estate firms. All information on this website is subject to copy right laws and any duplication could result in legal action or charges.