What first\u002Dtime homebuyers should know for the Lower Mainland real estate market.
Here is a list of 10 terms that first-time homebuyers should know before wading into the Lower Mainland real estate market. We asked Bridgewell Real Estate Group’s Mariko Baerg to help us separate our deposits from our down payments, and our completion dates from our possession dates.“The deposit is the good, safe money that a buyer puts down to secure the home prior to completion, usually in the form of a bank draft,” Baerg said.
It just means you have to do the work before you write the offer.”This is the day that the land title transfers from seller to buyer. “Another way to put it is, this is the money day,” Baerg said. “This is the latest day the buyer would need to hand over all of their final closing costs and final down payment to the notary lawyer.” Not to be confused with the possession date.Article contentBreak out the Champagne; you are now ready to spill some on your new floor.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10/3 podcast: Canada's complex relationship with medically assisted death.TenThreePodcast: Dr. Faruqui joins host BreakenridgeYEG to discuss the current legislation, changes that could be coming, and why there is unease among the medical community and some families who have had loved ones who have died by MAiD podcast
Read more »
10/3 podcast: Canada's complex relationship with medically assisted deathAmong political issues that have been decided by parliament in the last decade, few are as controversial as Medical Assistance in Dying.
Read more »
10/3 podcast: Canada's complex relationship with medically assisted death.TenThreePodcast: Dr. Faruqui joins host BreakenridgeYEG to discuss the current legislation, changes that could be coming, and why there is unease among the medical community and some families who have had loved ones who have died by MAiD
Read more »
A split-second fall on vacation changed his life. Holding someone accountable for it took 10 years | CBC NewsToronto-based private investigator Tom Klatt wants to warn Canadian travellers about how hard it is to hold others accountable for injuries sustained on vacation abroad after his decade-long legal battle with a Sandals resort.
Read more »
Metro Vancouver’s first-time homebuyers' guideLooking to purchase your first home in Metro Vancouver but don\u0027t know where to start? We curated a first\u002Dtime homebuyer\u0027s guide just for you
Read more »