1. Contact us:
Reach out to us through your agents or brokers or directly through our contact page. We will review your case and decide if it is one we can handle within the given timeframe. Once we decide to engage, we will send you a list of required documents to get you started.
2. Gathering Essential Documents:
A team member will provide a detailed list of the necessary documents for the process. These documents may include purchase and sale agreements, amendments or waivers, the current property tax bill with proof of payment, mortgage statement or line of credit statements linked to the property, identification documents, details of rental equipment contracts, and information on existing tenants, if applicable.
3. Preparing and Reviewing Legal Documents:
Upon receiving your documents, we will request information from your mortgage company and prepare the statement of adjustments and other essential closing documents, which are crucial for the process to proceed smoothly.
4. Signing:
The last step before closing the sale is a crucial meeting with the lawyer. This meeting is designed to ensure that you are fully informed of the details of the sale of your property and that all necessary documents are signed, thereby confirming your agreement with the sale.
5. Closing of the sale:
On the agreed closing date, we will receive funds from the buyer's lawyer, be able to release the title transfer, and allocate the funds. The proceeds from the sale will be used to settle your mortgage, any applicable commission, property taxes, and legal fees. Any remaining funds will be directly deposited into the Canadian bank account under your name.
