( 1 ) Go to your bank or mortgage broker and obtain a written pre approval on the amount you plan to borrow.
Note: After you have an accepted promise to purchase you normally have only 5 calendar days to secure a letter of finance.

( 2 ) Have the name and address of the notary you wish to handle the closing sale.
Note: The buyer usually has the right to choose the notary of his choice.
Note: The average cost for a notary is $1000 to $1400

( 3 ) Find a building inspector you wish to use and call him as soon as you have an accepted promise to purchase.
Note: After you have an accepted promise to purchase you normally have only 5 calendar days to have this done.
Note: The cost of a building inspector is in a range of $250 to $500

( 4 ) In the rural and country areas septic systems are used instead of municipal sewers be sure the property you wish to purchase has a proper functioning system. Note: It is recommended that a condition of sale be that the septic tank is emptied and general condition supplied by the servicer.
Note: This cost is the responsibility of the seller

( 5 ) Signing and occupancy dates: Know when you are ready to transfer the ownership of the property and when you wish to take occupancy. These 2 dates are not always the same.
Note: If the buyer and seller can not agree on these dates there may not be a sale.

( 6 ) Closing costs at the signing and transfer of ownership. At the signing the notary adjusts the costs paid or unpaid if applicable for Municipal & School taxes, Utilities and Rental equipment
Note: The notary will inform all parties concerned of these costs before the signing date.