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First Time Buyers

Step 6 - Closing Day!

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Closing day is the day when you finally achieve your goal - you take legal possession and finally get to call the home your own.

You are sure to feel great relief and satisfaction but remember that the home buying 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 and gives you the deed and the keys to your new home.

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