From Financing to Furnishing | Step 8 - Subject Removal
Here I provide you with my 10 Steps From Financing to Furnishing to ensure you're equipped with the knowledge you'll need for an excellent first time home buyer's experience.
So you’ve decided it’s time to purchase a home…
Congratulations on taking this first step! Buying a home is one of the biggest emotional and financial decisions you’ll ever make, and pride of home ownership is one of life’s greatest joys and biggest accomplishments. It is an exciting time and my hope is that having me as your Realtor® will bring clarity and peace of mind during your home buying journey.
As your Realtor®, it’s really important to me to ensure you are an educated buyer in all aspects of your home buying process. It’s essential to prepare by learning the process of home buying.
I’ve prepared a guide of the buying process, from obtaining financing to furnishing, and we’ll discuss sample forms for you to become familiar with at our first Buyers Meeting.
Step 8 - Subject Removal
This is when all the conditions I’ve placed in the contract, such as “subject to inspection”, “subject to financing”, “subject to satisfactory review of title” etc. are satisfied. It’s time sensitive and is the final stage of the process. Once we remove these subjects the deposit is due.
Typically you will have anywhere from 30 - 90 days to get everything ready for your home. It could be shorter or longer, depending on what you need and have agreed upon with the seller. The closing date is when you take ownership of your home. You typically take possession a day or two after the closing date.
It is a good idea to get things organized well in advance of the closing date to reduce the stress of the move.