pricing for the home.
Closing On the Sale
Now that your home is under contract you can relax a little. It is very rare that a firm and binding agreement does not close, however, it has been known to happen. At this critical juncture, we remain diligent and will do everything humanly possible to ensure a smooth closing for you.
Closing Day Vacancy
The standard time for vacant possession is 9 a.m. on the morning of the closing date. This means that you have to have ALL your belongings out and the house has been cleaned. If you are selling to purchase you may want to bridge finance so you are not trying to close and purchase on the same day.
Out of Town Sellers
Whether you are traveling at the time of your closing or have already relocated, it’s important for you to know that you can close your transaction from anywhere in Canada. Your lawyer can either set you up with a mobile notary or they will send the closing packet to you and you can have the documents signed in front of a notary. Many banks provide notary services at no charge.
The Day of Closing
Allow yourself about one hour to sign the closing documents. Your lawyer will be in constant contact with you during the 48 hours prior to closing and keep you posted on the status. The Buyer’s agent cannot turn over the keys to the buyer until the lawyers advise both parties the sale is closed, meaning the money has been sent and received. We will endeavor to give you 111
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