We have discussed all the stages related to purchasing real estate in Montreal. Now, let's focus on a more complex scenario where an individual sells a home to use the proceeds to buy another property. This is the most challenging scenario, requiring clear control of both the selling and buying processes simultaneously.
To buy a new apartment or house, one must first sell the existing property. Then, the funds from the sale can be invested in the purchase of a new property as a down payment.
*How can you ensure a smooth process of simultaneous sale and purchase?
*How do you avoid mistakes and not end up without housing for an indefinite period or go through multiple moves with your belongings and furniture?
Such transactions should only be conducted with a real estate agent! A professional real estate agent knows how to minimize any potential risks, ensuring that the process of simultaneous sale and purchase goes as smoothly as possible.
The realtor's task is to ensure that the client selling their property has enough time to complete all stages of the transaction. The client needs to receive the money from the sale of the old house, then transfer the purchased new property, and smoothly move into the new home.
Simultaneous sale and purchase involve a highly complex process that requires knowledge and experience in negotiating between the parties.
We don't conduct any negotiations verbally. All details must be officially documented, including the dates of property sale and purchase, moving timelines, and more.
Feel free to contact me; I guarantee that any transactions involving the purchase/sale of homes in Montreal will be as comfortable as possible for you!
