1) Get an inspection
Whether you’re purchasing a fifteen-year-old house or a fifty-year-old house, a farmhouse in the country or a downtown condo, we always suggest buyers to engage a qualified inspector to conduct a pre-purchase inspection of the property. A home inspection will give you information about a home’s condition so that you can make a better-informed decision regarding your purchase.

Typically, an inspector will assess the condition of the property by examining the:

• Foundation;
• Heating & A/C Systems;
• Ceiling(s), walls & floors;
• Plumbing; and
• Electrical

An Inspector’s report will contain detailed observations on the condition of the property, along with information regarding any defects which may need to be repaired or replaced. Depending on the results of a home inspection, a buyer may decide to ask the seller to make repairs, ask for an adjustment to the purchase price or even terminate the Purchase Agreement altogether.

2) Photograph everything
Whether or not you choose to conduct an inspection, it is always a good idea to take photos and videos of the property during your visits. We also suggest buyers to save the photos from the MLS listing. In the event that the house is not in the same condition as your visits or the listing, these photos will serve as crucial evidence when demanding the seller to rectify defects.

3) Don’t make assumptions
If furniture or any other specific chattels are to be included in the sale, take photos and specify them by name in the Agreement of Purchase and Sale. Ensure that you view the parking spot and locker unit that is supposed to come with the condo.
Are you assuming a tenant? See to it that you and your lawyer review the lease agreement as early as possible. It is best to leave no stone unturned and proactively address any issues that may arise prior to signing an Agreement of Purchase and Sale.

4) Change the utilities
While your lawyer will assist you throughout your real estate transaction, there are some things we just cannot do for you. One of those is setting up or changing your utility accounts. Prior to closing day, you will need to contact your utility providers to inform them of your move to ensure service is not disrupted.

5) Check the Appliances, Fixtures and Everything Else
You just received the keys to your new home, and you’re excited to move-in—what’s next? You check the appliances!
We suggest buyers to test all appliances and fixtures on closing day, and if there are any issues, to take a photo or short video of the problem and inform our office immediately. In the case of a dispute, this simple step will make recovering from the seller much easier.