At HP & Associés, we aim to create long-term relationships with both our
international and our local clients. Whether you’re looking for your first home
in Canada or simply wishing to move to a different Montreal neighbourhood,
we offer a full range of services to meet your every need.
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We begin by discussing the needs and expectations of both you and your family. We will be at your full disposal before, during, and after the transaction:
HP & Associés primarily serves the Greater Montreal real estate market. Your property will thus be in good hands and enjoy the greatest possible visibility. Our effective and efficient approach is designed to ensure full client satisfaction. With this in mind we:
In Quebec, homes and properties are sold with the help of real estate brokers or chartered or affiliated real estate agents. Unlike in certain European countries where buyers must contact the listing agents for the properties they wish to visit, buyers here are represented by one professional who shows them all available homes. When the sale is finalized, the seller pays the listing agent, who then shares the commission with the other agent involved. Buyers do not pay their agents. Once you have found the home you wish to buy, you will need to present the seller with a promise to purchase. After this comes the property inspection, the mortgage transaction and, finally, the notarial act. Throughout this process, from the first visit to the handing over of the keys, our team of experienced agents will handle every detail to make your experience as simple and enjoyable as possible.
Whether you are transferred to Montreal temporarily or are looking for an alternative to a hotel suite for an extended stay, we can help you find:
Why Montreal? A city known for its excellent quality of life, combining European charm with the excitement of a modern metropolis, Montreal has much to offer:
Once you have found your new home, you may choose to take advantage of our Kigan Solutions. Firm believers that anything is possible, the attentive staff at HP & Associés will be pleased to look after every detail:
You may choose to pay either an hourly rate or a set price. “At HP & Associés, we offer you peace of mind. Whatever you need, we will always be there to take care of you and your family.” Heidy Pinsonneault, President
In Quebec, all offers to purchase real estate must include the following:
The process of making an offer, receiving a counter-offer from the seller, and then revising it is not uncommon. The goal is to negotiate an agreement that satisfies both the buyer and seller. Once the offer has been accepted by both parties, it becomes a contract of purchase. When you make a promise to purchase, your real estate agent will likely add certain conditions, making it a conditional offer. This means that the contract will only become final when these conditions are met. The following conditions are generally standard in any promise to purchase, especially for first-time buyers:
Obtaining a satisfactory inspection report It is strongly recommended that you have the home you are buying inspected by a reputable professional home inspector. The inspector will go through the property and perform a comprehensive visual inspection to assess the condition of the house and all of its systems. When you receive the home inspection report, you and your real estate agent will discuss the required repairs and how they may affect the sale price that was agreed upon. Once these requirements are met, the conditions are removed and the promise to purchase becomes final.
A pre-approved mortgage certificate does not automatically guarantee that you will be approved for the mortgage loan. Even if you have a pre-approved mortgage certificate, you must still meet with your lender during the conditional offer period to get a final mortgage approval. To facilitate this process, make sure you bring with you:
Your lender will verify and update your financial information and assemble the details of the property and other information required to complete the mortgage application. If you already have a pre-approved mortgage certificate, the signed promise to purchase is all you will need. Otherwise, you will have to provide the lender the following information:
Your real estate agent will give all the necessary documents to your notary or lawyer. If you are taking out a mortgage loan, you will need the services of a notary approved by your lender. In Quebec, it is generally the buyer who chooses the notary and pays the selling expenses. The notary is expected to be impartial and look out for the interests of both parties. Normally, the notary will also:
Before the sale, the notary will prepare a deed of loan in accordance with the written instructions of the lender and will record (register) it. The notary will then receive the amount of the loan from the lender and deposit it in trust. The buyer must contact the lender for full details about all costs, fees, charges, and responsibilities related to the loan, particularly if it is guaranteed by the CMHC. The date and terms for possession, occupation, and the transfer of property rights are also important. In Quebec, ignorance of the law is no excuse, so you shouldn’t take possession until you fully understand all your responsibilities. You will need insurance (building, mortgage, public liability, etc.). The actual move must sometimes be carefully planned. Quebec municipalities impose a transfer tax (also known as the Welcome tax) based on the value of the property, although this tax is sometimes waived. You will receive a tax bill a few months after the sale. In time, the notary will provide both parties with attested copies of the deed of sale and the deed of loan. These copies, attested by the notary, are the equivalent of the originals, which are kept by the notary.
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