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We Bought/Sold a House in Calgary, Now What?

Posted by Rachel R. Vanderveen on Tuesday, February 11th, 2014 at 2:44pm.

Once you’ve dealt with the offer to purchase, negotiations, and conditional phase, your purchase or sale will be a firm deal. A firm deal means that neither side can back out without serious legal repercussions. So, you’re moving! Here’s everything you need to know about what needs to be done in this phase whether you are buying or selling.

Buying

Talk to Condo Management Company: If you have purchased a condo, you will need to book a time to move in. Many condos do not allow a move in unless it is scheduled in advance. While you are on the phone, confirm what your condo fees cover (If you haven’t already in the offer process, and you should have.) and arrange payment of your fees, whether that is by credit card, post-dated cheque or EFT. Make sure this is all handled before you move in.

Arrange for Utility Hook Up: You’ll need to make sure that you have all of your utilities running before you move in. This can usually be done over the phone and can be done a few weeks to a few days before you move in.

Call Cable and Phone: This usually requires a visit from the company. It’s not a great idea to schedule these people to come by on move in day, just in case there are any delays. Have them come a day or two after possession to make sure the coast is clear. You have a phone that has internet and can act as a hot spot anyways, right?

Legal: Your lawyer should have called you no later than one week before your scheduled possession to make an appointment to sign docs. If you have not heard from your lawyer 7 days prior to your closing date, call them.

Arrange a Moving Truck: Again, this is something that you should not be scheduling for the stroke of noon on closing day. Make sure there is room in your schedule in the unlikely event that there are delays.

Selling

Real Property Report (RPR): If you have not already located a copy of your RPR and had it updated with a stamp of compliance, you are behind the 8 ball. Make sure you get this done on the double. There are times when issues can arise as a result of the RPR. We want to make sure that these issues are dealt with ASAP.

Legal: See Legal in “buying.” Same as above.

Interim Financing: Make sure you have your finances lined up to cover you if you need to take possession of your new home, before your old one transfers to the new buyers. This can be done by calling your mortgage broker.

Clean: We all like to live by the golden rule: do unto others as you would have them do to you. Leave your home sparkling clean. Don’t leave garbage or dust anywhere. Heck, if you really want to go all out, leave some cookies or a bottle of wine for your buyers welcoming them to their new home! That is always such a nice way to pay it forward.

Chattels: Review your offer to purchase. Make sure you’re allowed to take everything you’re loading into the van. Light fixtures (unless specifically excluded) need to stay in the home, as do most other goods attached to the home. Things like a washer/dryer and stereo equipment do not always necessarily come with the home. Check with your agent before you pack large items onto the truck.

Moving day can be a struggle. Make sure you’ve got your entire to-do list well under way before the exciting day arrives!

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Rachel Vanderveen

The Vanderveen Team
Maxwell South Star Realty
Phone: 403.253.5678 Fax: 403.592.6736
Email: Info@VanderveenTeam.com

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