Selling Your West Island Home
Are you experiencing an event in your life that is making you consider selling your home, like new employment or a life changing experience. Maybe you're selling your home to move up to something newer, or larger. Maybe it is another location that is making you consider selling your home. Last, but not least, maybe you are ready to downsize your home to something more manageable. Whatever the reason, the buying or selling of a home is a big event. It's a process that requires planning and knowing the steps to take and when to take them.
Selling your home is a business transaction but one that can be very emotional. With over twenty years of experience, Pearl can help you make this transitional time less stressful, and with orchestration and organization it may just prove to be very exciting. You will see that what she offers is superior and that you will benefit the most by her strong marketing and negotiation skills.
Certificate of Location
The certificate of location is generally provided and paid for by the vendor although the Quebec by-laws state that any party may pay for it, whether it be the vendor or the buyer. When you purchased your home, you were provided with an original certificate of location from the vendor
and it was presented to the notary and possibly your mortgage lender.
The certificate of location is a private document that is not registered and is of the opinion of a professional land surveyor. This document may be disputed in courts. It is important that you provide an up to date document that includes any changes such as a deck, swimming pool or toolshed to the property. These changes must be represented on the certificate in order for the title to be clear. This certificate of location will be transferred to the new owners.
Other things that may affect a change in the certificate of location:
- Lines of electricity & telephone
- Sewers, septic tanks and wells
- Changes in zoning and by-laws
- Encroachments, such as renovations on the neighbour’s property
- Environmental laws
- Right of ways and illegal views
The Elements of an Offer to Purchase
Depends on the market and the buyers, but generally, the price offered is different from the asking price.
Shows the buyer's good faith and will be applied against the purchase price of the home when the sale closes.
Includes the total price the buyer is offering as well as the financing details. The buyer may be arranging his/her own financing or may ask to assume your existing mortgage if you have an attractive rate.
These might include "subject to home inspection," "subject to the buyer obtaining financing," or "subject to the sale of the purchaser's property."
5. Inclusions and exclusions
These may include appliances and certain fixtures or decorative items, such as window coverings or light fixtures.
6. Closing or possession date
Generally, the day the title of the property is transferred to the buyer and funds are received by the seller, unless otherwise specified (except in Manitoba and Quebec).
What happens if you receive more than one offer at the same time? This is a time when the services of your agent play an extremely important role and you will be really happy to have Pearl managing the situation with you.
Dealing with more than one offer at one time requires clear thinking and expert timing, something that when you are very emotionally involved is generally quite hard to do. Pearl's experience and knowledge in these situations will help you to realize a successful outcome with as little stress as possible.
A Notary in Quebec is not what it means to the rest of North America. A Notary is a trained Lawyer who specializes in Wills, Real Estates and Marriage Contracts in Quebec. It is the Notary who handles the closing of a real estate transaction.
Quebec notaries have a much wider range of services than notaries elsewhere in Canada. They may advise clients on legal matters, represent clients before tribunals and administration boards and draw up legal documents such as contracts and wills. Quebec notaries are employed by federal, provincial and municipal governments and various business establishments or they may be self-employed.