Step-by-step process for buyers

Listed below are the steps you'll take to complete your real estate transaction, together with fees associated with this transaction.

You probably won't pay your deposit amount until you remove some or all of your subject clauses. Once you do pay your deposit, it will be held in trust, at your realtor's office, until completion date. Now what? Listed below are the steps you'll take to complete your real estate transaction, together with fees associated with this transaction. (Note: these are estimated prices only and are merely stated to give you an idea of what your closing costs may be). The first few steps will be in follow-up to the subject clauses you have in your contract, and they're pretty standard. You'll want to do everything that's required to remove your subject clauses in a timely manner. These are the most usual subject clauses that you'll have to work on removing:

  1. Arrange suitable financing (if applicable), {find out what your mortgage broker or bank requires from you. Minutes of meetings? An appraisal?}
  2. Approve and review the Property Disclosure Statement, (upon listing his home, the seller had to disclose pertinent information about the property, and this is all listed on a Property Disclosure Statement. You, as purchaser, will have to review this sheet and sign the bottom acknowledging that you've received it)
  3. Approve and review a title search on the property (done on most property upon listing it for sale and your lawyer or notary will review this information with you upon completion),
  4. Call your insurance representative and ensure you can obtain insurance on the property. Here's my representative: Columbia Insurance here in New West at 604-527-1377. Call and give them your potential address and see what the cost of insurance would be on the property (most of us pay monthly), and ensure there's no 'red flags' (problems on record with the building) on file for this property.

And the following will apply if this is a strata property purchase:

  • Approve and review all strata documentation (which includes a copy of the Form B (Information Certificate from the property management company), registered strata plan {if available}, current bylaws and financial statements, minutes of any meetings {often for the last two years at least}, and any other pertinent information.
  • Arrange to have the home inspected. You'll need to locate a home inspector. Use the following website to assist you in locating a home inspector:

Some I've used in the past and that come highly recommended are:

Burley Inspections
Tyler Burley

Acme Home Inspections Inc. #55749 Licensed, BC Home Inspector
Paul Sew
ph: 778-233-8246

Northwood Home Inspections
Ryan Kadow
Phone: 604-831-3644
Fax: 604-949-0063

Haystack Home Inspections Inc.
Chris Thompson
Phone: 604-734-4700

Douville & Co. Home Inspections Ltd.
Gary Douville
Tel: 604-626-4887
Cell: 604-309-6782
Fax: 604-857-1637
Other: 1-888-804-2444

5. Arrange for a notary public or lawyer to handle your conveyancing needs. You can search the notary public website at Or use a few notary public/lawyers noted below:

Uptown Notaries
New Westminster
416 - 604 Columbia Street, New Westminster, BC V3M 1A5
P: 604-521-8550
F: 604-521-8540

Uptown Notaries
104-2849 North Road
Burnaby, BC, V3J 1R6
(near Lougheed Mall)
P: 604-420-6671

NW Notaries + Lawyers
448 Sixth Street
New Westminster, BC, V3L 3B3
P: 604-526-7884

Barristers and Solicitors

Edwin Chan Law Corporation
#2600-4720 Kingsway, Burnaby, BC V5H 4N2
P: 778-374-1736
F: 778-331-3898

Cassady & Company
330-522 Seventh Street (Uptown New West office)
P: 604-523-7090

Stephen Graf and Company
604 Columbia Street, Suite 480 New Westminster, BC V3M 1A5
P: 604-314-5700

Cobbett & Cotton Lawyers
#300 - 410 Carleton Avenue, Burnaby, BC V5C 6P6
P: 604-299-6251

Spagnuolo & Company
variety of offices, check website
P: 604-527-4242

Looking to speak with a Mortgage Broker? Here's four I use regularly:

Corinne Lundale,
Senior and very experienced Mortgage Broker
Dominion Lending
604-464-2273 office | cell: 604-790-2273

Matt Chan, Dominion


Mike Husband, CIBC 
Mobile Mortgage Advisor


For long term rate hold, like a Development pre-sale:
Rebecca Awram
DLC Canadian Mortgage Experts
17650 66A Ave
Surrey, BC V6H 3V3

Dianne Moscrip

Ready to find out more?

Call Dianne today! 604-526-2888