REALTOR® in Your Pocket: Ottawa Real Estate and Advice

What Happens on Closing Day

Episode Summary

Closing day is one of the biggest days in the entire home-buying process. Have you ever wondered what happens? What you need to have prepared? What can go wrong?

Episode Notes

We're kicking off Season 2 of the REALTOR® in Your Pocket podcast by interviewing Cecilia Perdigao of LaPierre Law, and Chris Allard of the Chris Allard Mortgage Team. Cecilia is a fantastic lawyer and someone I’d consider part of our “extended team”. Chris Allard is one of the hottest names in Ottawa for home financing and is one of the top 75 mortgage brokers nation-wide.

This episode goes over what buyers can expect on closing day, including:

2:32 When does a lawyer get involved in the purchase or sale process for a home? The lender?
5:15 What does a seller or buyer have to have ready to close on their purchase or sale?
7:50 What happens on closing day from the lawyer's side of things? The lender?
11:37 What costs are there to closing?
18:22 What surprises or problems can come up for closings? How do we deal with those?
27:45 What's the strangest thing you've seen on closing day?
33:02 Where can someone who’s interested in working with you find you?

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What’s the difference between a real estate agent and a REALTOR®? Visit www.crea.ca/why to find out.