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A consumer guide and workbook - page 46 / 79





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Closing day

The day you finally succeed in realizing your goal! It’s the day you can actually call your new home yours. Closing is the day you get the keys and legally take possession. It’s a day for feeling great satisfaction at reaching your goal. But the process isn’t quite over yet. There are a lot of other things that also happen on closing day. Your lender will provide the mortgage money to your lawyer (or notary in Quebec). You must provide the balance of the purchase price to your lawyer. You will also be responsible for paying legal fees, disbursements and land transfer taxes. Your lawyer pays the vendor, registers the home in your name and provides you with a deed and the keys.

Saying goodbye to one home and neighbourhood and discovering a new one is an exciting process. But it can also be hectic and, if it’s not well planned, it may seem to get more frenzied as the big day approaches. To help make moving a smooth tran- sition for everyone, plan ahead! Hiring a mover Friends or relatives may be able to recom- mend a mover, but you can also ask the mover for references. You’ll also want the mover to give you an estimate and out- line of fees. Is there a flat rate or hourly charge? to three days to prepare and pack the contents of an average three-bed- room home—that’s a full-time job! Professional movers have special crates and wooden cases for mirrors and dishware. But they are not responsible for items such as jewel- ry, currency or important papers. You will have to move these personally. On moving day, go through the house with the van supervisor and give any special instruc- tions. For example, if you want a certain item, such as a crib, to be the first out of the van at your new home, it should be packed last. The movers will also make note of the condition of your goods on an inven- Packing for yourself will save money but could take up to three days. During the move, you’ll want to ensure that your belongings are insured. Your home or property insurance may cover goods in transit but call your broker to make sure and to see what the limits are. Many moving compa- nies offer additional insurance coverage. tory list. Accompany the supervisor through the house as the list is made to make sure it is complete and accu- rate. Then, when the van arrives at your new home, mark off the items on the mover’s list as they are unloaded. Once you’ve selected a mover, have a representative come to your home to see what will be moved. Tell the mover how much of the packing you will do yourself. You’ll sign for the receipt of goods, subject to complete unpacking and inspection.

If you decide to do your own pack- ing to save money, keep in mind that you need the proper materials and the time. Experts estimate that it takes two people approximately two

Most movers will unload and unpack boxes and remove packing materials, but movers do not put dishes or linens into cupboards.



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