Your Offer to Purchase has been accepted. From now until closing, your lawyer becomes the hub of the wheel. Pay the deposit if due upon acceptance or deliver post-dated cheques for the additional, staged deposits. Know how to 'firm-up' the deal, or cancel it if conditions can't be met. New home buyers generally receive a new survey before closing.
Surveys are a non-issue in condo deals.
Resale buyers should tell their lawyer whether a survey exists, and if it illustrates the location of all buildings and structures on the property. First-time buyers of new homes and condos should review the Land Transfer Tax rebate criteria with their lawyer. Consider participating in the Home Buyers' Plan. Only funds on deposit at least 90 days are eligible. Once the application is approved, send the mortgage commitment to your lawyer.