Having a lender review your financial situation so that you know how exactly how much you can afford is the most important step. It’s free, won’t affect your credit and is a requirements by most builders.

I only work with the top builders in Ottawa that have a long track-record of delivering high qualify builds, completed on time. We will find a development and floor plan that fits your lifestyle and budget.

I’ll coordinate with the builder to prepare the contract that outlines all of the terms and conditions for the purchase of your perfect unit. You’ll provide your initial deposit - typically a bank draft for around $5K.

Contracts are always written to protect the developer, so I will ensure you have a rescission period to provide enough time to review the contract with a lawyer to explain all of the terms and address any red flag issues like hidden costs or closing adjustments.

Once the paperwork is complete, you have legally bought a property! (it just won’t be ready for a few months to years). In the meantime, you just provide the deposits according to the schedule and follow along to the construction updates provided by the builder.

When construction is finished, you receive your keys and take possession. You’ll do an inspection to note deficiencies and can then move in. Once you get your Final Closing notice, mortgage funding and closing costs are finalized, and the property is officially yours!