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Pre Approval
Set up a meeting with your bank or mortgage broker before looking at houses. Having a pre-approval in place can speed up the approval process and you will have a more concrete idea of all of the costs involved with purchasing a home
You can celebrate, but don’t forget these
important items :
Utilities & Insurance
Once conditions are removed, you can go ahead and set up your utility account and home insurance to begin on possession day
Lawyer Appt
Prior to possession you will meet with your lawyer and sign documents with them, pay your down payment, property taxes (if they aren’t in your mortgage) and go over any things in the
purchase contract that might need attention
Possession Day
Your purchase agreement will give you the timeline of when should get access to the property. When the sellers lawyer receives the money, you will get your new keys!
