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Brent Reid
Sales Representative
Delivering Higher Level Of Service
And Results – For You
Sutton Group-Associates Realty Inc. Brokerage,
(Independently Owned and Operated)
358 Davenport Rd. Toronto ON M5R 1K6 |
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- Initial meeting with agent
- Agency relationship explained - pamphlet & agency agreement signed
- Mortgage pre-approval by the lending institution
- Credit Report
- Verification of income assets & employment
- Home search begins
- Initial consultation with lawyer
- Home selection process - suitable home found
- Offer to purchase prepared by agent - (a deposit cheque in the amount of 5%-10% of the purchase price is usually required at this time)
- Offer delivered to lawyer for review (optional)
- Offer to purchase presented to Seller - negotiations with seller take place
- Both buyer and seller agree on terms of purchase contract
- Purchaser and agent make arrangements for Home/Termite inspection(s) (if applicable)
- Purchaser and agent make arrangements for status certificate (condominiums only)
- Satisfaction of inspection(s) and other contingencies
- Purchaser obtains homeowner’s insurance (within the “Search Title” period)
- Notify post office & utility companies of pending moving dates
- Final appraisal of property by lending institution
- Final mortgage approval
- Discuss final closing costs & arrangements with lawyer including title insurance
- Deliver funds to lawyer prior to closing
- Pre-closing inspection
- Transfer of utilities
- Closing settlement & transfer of deed. (done by lawyer on the date of closing)
- Move-in (usually the day of the scheduled closing date)
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