So, you have secured a great new home but, you have some time before it closes and you move in. So, what should you do? Well, there are a number of things to consider:
- Choose a reputable lawyer that will assist you with the closing details, title search, etc. (please, please ask them about title insurance, it is worth it!). Ensure all closing costs are discussed with your lawyer and a realistic time line is set with your lawyer as more often than not the keys to your new home will not be in your hands until 5PM on the closing day.
- Speak to your mortgage broker or lender about the final details of your mortgage.
- Look into your home insurance and content insurance, have this in place – if you have a mortgage on your home your lender will require the home insurance as a condition of lending the funds (they want you to protect the investment).
- Utility companies, call them to let them know when you are moving in (Enbridge Gas, Toronto Hydro, or for those of you into Green initiatives – Bullfrog Power).
- TV, Internet, Telephone land line (that is if you still have one of course). Bell, Rogers, TekSavvy
- Notify your contacts of your address change (also call Canada Post to have them redirect your mail to your new home).
- If you are considering some renovations or improvements to your new home consider using your purchaser viewings to have tradesmen in to quote the work. This way you can hit the ground running upon closing.
- If you don’t want to move your furniture (and you friends don’t want to either…) then consider hiring some professional movers to assist!
Following these simple steps will make the transition into your new home far simpler!
If you ever need a reputable referral for any of the above services please let me know as I would be happy to provide a selection for you to choose from. firstname.lastname@example.org or contact Ryan Roberts here