Buying
Who are the people involved when buying home?
Several people may be involved when buying a home in Canada, including:
- Real estate agent: A licensed real estate agent can help you find properties that meet your criteria and guide you through the buying process.
- Mortgage broker: A mortgage broker can help you find the best mortgage rate and terms for your needs.
- Home inspector: A home inspector can check for any issues with the property before you finalize the purchase.
- Lawyer or notary: A lawyer or notary will handle the legal aspects of the home purchase, including reviewing the purchase agreement and transferring the property title to your name.
- Lender: The lender will provide the funds for your mortgage, and you'll make payments to them over the life of the loan.
- Appraiser: An appraiser may be involved if your lender requires an appraisal to determine the value of the property.
- Insurance agent: An insurance agent can help you find home insurance coverage to protect your investment.