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The Closing of Your Home
Closing Day
Closing day is the day when you finally achieve your goal — you
take legal possession and finally get to call your new house your
own. You are sure to feel great relief and satisfaction but remember
that the homebuying process isn't over just yet. There are quite
a few things that need to be done on closing day:
- Your lender will provide the mortgage money to your lawyer/notary.
- You must provide the balance of the purchase price to your
lawyer/notary along with the closing costs.
- Your lawyer/notary pays the vendor, registers the home in
your name, provides you with a deed and the keys to your new
home.
Hiring a Mover
It is now time to hire an Ottawa mover. Friends or relatives
may be able to recommend a professional moving company but don't
forget to ask the mover for references. You will also want an
estimate and outline of fees (flat rate or hourly charge, etc.).
Once you've selected a mover, it is a good idea to have the
representative come to your home to see what will be moved and
revise the estimate if necessary.
During the move, you'll want to ensure that your belongings
are insured. Your home or property insurance may cover goods
in transit but call your broker or insurance company to be safe
and to ask about the extent of coverage. Many moving companies
offer additional insurance coverage. Be aware that professional
movers are not responsible for items such as jewelry, currency
or important papers. You will have to move these yourself.
If you decide to do your own packing, keep in mind that you
will need the proper materials and that it could take up a lot
of time.
The Big Day
On moving day, go through the house with the van supervisor
and provide any special instructions. The supervisor will also
make note of the condition of your goods on an inventory list.
Go through the house with the supervisor to make sure the list
is complete and accurate. Then, when the van arrives at your
new home, mark off the items on the mover's list as they are
unloaded. Remember that even if the movers unload and unpack
boxes and remove packing materials, they will not put dishes
or linens into cupboards.
Saying goodbye to one home and neighbourhood and discovering
a new one can be very exciting. Just make sure it is not hectic
as well. Plan ahead to make the transition as smooth as possible
for everyone involved. That way, you can breathe easy and enjoy
your new home without having to worry so much.
Ottawa Home Buyers Guide
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