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Final Steps Before Closing the Deal

General Isabel Medina Acosta 1 Nov

Congratulations on getting closer to becoming a first-time homeowner! As you approach the final steps before closing the deal, it’s important to stay organized and informed. Here are some key things to keep in mind:

1. Conduct a final walkthrough: Before closing the deal, take the opportunity to walk through the property one last time. This allows you to ensure that everything is in the expected condition and any agreed-upon repairs have been completed.

2. Review all documentation: Take the time to carefully review all the documents related to the purchase. This includes the purchase agreement, mortgage agreement, and any additional contracts. If you have any questions or concerns, don’t hesitate to seek clarification from your real estate agent or mortgage advisor.

3. Coordinate with your lawyer: Your lawyer plays a crucial role in ensuring a smooth closing process. Make sure you communicate with them regularly to ensure that all necessary legal steps are being taken care of.

4. Secure homeowners insurance: Before closing, it’s important to have homeowners insurance in place. Shop around for the best rates and coverage options that suit your needs. Remember, having insurance is essential for protecting your investment.

5. Prepare your finances: Make sure your down payment and closing costs are readily available. Coordinate with your mortgage advisor or lender to ensure that everything is in order and all financial requirements are met.

If questions popped up in your head, do not hesitate to contact me to solve your inquiries and I will be happy to help you through the process of homeownership.

Isabel Medina- Mortgage Broker Dominion Lending Group
Mobile: 778 513 0169
Email: isabel.medina@dominionlending.ca

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