Bring the contact information for your lender (phone
& fax) or ask your Realtor for suggestions for local mortgage
specialists/brokers. They may have access to better rates. Using a local lender may be more effective if you are
under time constraints to fulfill your financing condition during the HHT. .
If you want to shop for a lender on the HHT bring
along:
A valid copy of your posting
message.
A copy of your most recent
mid-month pay statement showing all entitlements and deductions.
Proof of down payment. This
should be either a copy of your current bank statement or bank book, or
if your funds are in an RRSP, Term Deposit, Mutual Funds or some other
form of investment, be sure and bring a statement showing all the
particulars.
If the down payment is coming
from the equity in your present home please bring a copy of your most
recent mortgage statement showing, the balance outstanding, the term,
monthly payments, interest rate etc. If your home has sold but the sale
has not yet been completed be sure and bring a copy of the Contract of
Purchase and Sale, plus copies of any amendments showing the removal of any and
all "subject to conditions".
If you have any outstanding
personal obligations such as car loans, credit card balances etc. please
be sure and bring statements showing your current balance and repayment
schedule.
Send the MLS® the numbers of the homes you want to view, to your
Realtor prior to your arrival for them to review and comment on. This
will make more efficient use of your time while on your HHT.
Advise your realtor of any special housing requirements
you may have prior to arrival. IE special school or medical needs, if you
require high speed internet, day-care, orhave second language concerns etc.
Bring along your video or still camera to take images of
the home you purchase, however keep in mind you need the home owners
permission to take photos/videos of their home.
Deposit: Contracts of Purchase
and Sale require a deposit. The amount of the deposit varies. IE:
$500.00 could be the minimum or it could be 5% of the purchase price. Check with your Realtor for the local
standard. Bring your cheques book for the deposit & to pay for the Home
Inspector ($400.00 In CL) if need be. Normal home deposit in Cold Lake is a
minimum of $1000.00
In some provinces you need a birth
certificate to purchase a home – check with your Realtor
Your Realtor is a good source
for local experts, i.e.: Lawyers, Home Inspectors, Contractors, etc.
Tentatively book a Home
Inspector ASAP after you book your HHT dates. They are busy during the HHT
season and they don’t necessarily need an address initially.
If applicable, have your spouse bring along their
resume to leave with potential employers.
Have your Realtor suggest a hotel that is of good
quality and in a convenient location.
Keep a short list of 3 homes in your mind and put the
remaining homes on a “B List” or reject the home all together. This will
make your search less confusing.
Bring slip-on shoes to get in and out of homes quicker.
If required, look for Doctors, Orthodontists etc while
on your HHT.
Set-up mail, phone, utility hook-ups etc if time
permits. Ask your REALTOR® for a contact list.
If you are bringing younger children along you may want
to arrange for babysitting for evening showings and for the time when you
will be reviewing and signing documentation.
If you would like a complimentary relocation package for
your new location or a Market Evaluation for your current home, please contact:
Lyle Melanchuk, REALTOR® - Registered Relocation Specialist 1-866-573-0010 (Toll Free)
or via email.
Delivering quality service on time and on target for your needs.
Available 24 hours a day, 7 days per week.
