Complete Guide to Successfully Buying Real Estate in
The “Buyer’s Guide” by the OACIQ is an essential tool for anyone considering to buy a property in Quebec.
It provides an overview of the key steps in the real estate purchase process, practical advice, and information on buyers’ rights and responsibilities.
Key Steps to Buying a Property in Quebec
Assessing Your Needs and Budget
- Clearly define your search criteria.
- Establish a realistic budget.
Searching for the Perfect Property
- Use various tools and resources
- Find properties that match your criteria.
Viewings and Inspections
- Carefully examine the properties.
- Conduct inspections to ensure their condition.
Negotiation and Offer to Purchase
- Submit an offer to purchase.
- Negotiate terms with the seller.
Mortgage Financing
- Secure a mortgage loan that suits your financial situation.
Signing the Sale Agreement at the Notary
- Finalize the transaction in the presence of a notary.
How to Prepare to Buy Real Estate in Quebec
Work with a Real Estate Broker
Benefit from the expertise of a professional to guide you.
Find a real estate broker on Centris.
Understand the Legal Documents
Carefully read and understand all documents related to the transaction.
Plan for Additional Costs
Anticipate related expenses such as taxes, insurance, and notary fees.
Additional Resources for Homebuyers
Mortgage Calculator
Estimate your monthly payments and determine your borrowing capacity.
Checklists for Viewings
Ensure you don’t miss anything during the property evaluation.
Information on Assistance Programs
Learn about grants and programs available for buyers.
Need to sell your property as well?
Once you’ve purchased your new home, selling your current property is the next big step. Get expert advice on how to sell efficiently and maximize your sale price. Check out our selling tips
