Mortgage Blog
Making a Move This Summer
June 11, 2024 | Posted by: Sharon Patton
Are you looking to buy your first home?
Are you looking to sell and move into a bigger home?
Are you looking to relocate to another province?
Are you looking to purchase a second property?
Are you going through a separation?
Are you looking to make a real estate investment?
Are you looking to downsize?
No matter what kind of move you are looking to make this summer, we are here to help you find the best option to meet your financing needs.
Let's look below at some things to consider to make your homeownership journey smoother.
When you are getting ready to make your move have your team assembled.
Who's on your team?
- Your Mortgage Broker aka Sharon Patton
- Your Realtor
- Your Lawyer
Your team will work together to achieve your homeownership goals.
Having the pre-approval in place gives you peace of mind as well as a price point for your realtor to work with.
While you are out searching, you can take me with you. By downloading My Mortgage Planner App you can run payment scenarios, check closing costs, and more. If you have any questions during the home search process, we are here to answer them!
You have found your home!
Your mortgage amount will be finalized based on your purchase price. At this point, we will submit your application to the selected lender and advise you once it is approved.
Once we are complete with the lender they will send your mortgage information to your lawyer. If you would like to be referred to a lawyer please let me know.
Approximately 10 days before the closing of your home, you will meet with your lawyer to provide identification and your remaining down payment, sign all the documents that relate to your new home, and review your closing costs, then everything will be in place for your completion date.
On the day you take possession of your home, your mortgage funds are sent by your lender to your lawyer. Now you can move in and begin to enjoy your new home!
The right mortgage is always a great beginning of a smart financial plan for your future.
If your looking to make a move this summer when it comes to home ownership, let's chat today and get you pre-approved.
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