Buyers: What To Do After Your Offer is Firm and Before Possession
Posted by Andrew Karpiak on
Congratulations on buying your home! Through all of the excitement of getting ready to move into your new home there is still work to be done before you move in. Here is a list of the things I always tell my clients to do in order to be ready for move in day:
Contact Your Lawyer or Notary. Your lawyer /notary will do the following:
- your realtor will send all required paperwork to your lawyer once you have a subject free (firm) transaction
- prepare a statement of adjustments - account for any expenses paid up to the closing point, in case of a rental property your lawyer will account for deposits collected, rental income adjustments, property taxes and city utilities
- co-ordinate any mortgage documents that need to be signed
- arrange…
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