Saturday, February 10, 2007

The Big Day

So today was the big day. We signed on Tuesday and went to pick up the official contract this afternoon. It was so exciting, we are officially homeowners even though we technically do not have a home until September, we do have a nice 4000 sq feet rectangle of dirt with an electrical box and a phone box.

Hubby and I decided to celebrate with a nice home cooked steak dinner and some yummy wine. (he is doing the dishes right now). Restaurants are a bit pricey given all the spending coming up. We also went grocery shopping at our soon to be neighbourhood grocery store. It's a nice IGA in the style of a Loblaws.

We will be finalizing the mortgage on Thursday although the approval process went smoothly. Our next big step will be choosing the exterior colours and bricks.

As for advice, I have two big ones

1) Read your contract. The agent told us it was standard, but we found a bunch of things that had been removed, added or altered in the favour of the contractor. We went to pick the contract earlier and compared it with a copy from the "proteger vous" magazine. We asked her to change all the entries that had been modified.

2) Get your mortgage deal in writing. The gal from RBC played dumb when we talked about rates right after we had agreed to it. I'm sure this will go in our favour, but I hate when things like that happen. It feels like they are playing you.

Good Luck everyone



Pam