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: https://hiabc.ca/

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