Whether you are a savvy investor in real estate or a first-time homebuyer, it is important that you work with experienced Sandra Forscutt – Envolve Mortgage Group in Edmonton. They are the people who do the so-called “reconnaissance” on a piece of property for you. Hopefully, if you are a first-time homebuyer in Edmonton, this will help explain what Sandra Forscutt – Envolve Mortgage Group do regarding purchasing a home and how they can assist you.
Preparation of the Contract of Sale
Prior to commencing the conveyance process, a contract for the sale needs to be drawn up. For you as a first-time homebuyer this means that you need to sign an offer to purchase which is then delivered to the seller and/or their agent or solicitor.
A Title Search is Mandatory
After the contract has been signed and delivered, the Sandra Forscutt – Envolve Mortgage Group will begin a thorough complete search regarding the property. Typically, there are no issues found and your Sandra Forscutt – Envolve Mortgage Group will have a deed written up in your name by the settlement date.
The Settlement
This is the last step in purchasing your new home and normally takes between 4 to 6 weeks. This is meant to allow the Sandra Forscutt – Envolve Mortgage Group an ample amount of time to complete the title search and prepare all necessary documentation. It also serves as a grace period to allow you to be able to find out if there are any hindrances to completing the sale, such as an easement. If you are a first-time homebuyer then of course you have many questions and concerns.
