What to do immediately after you buy a home
So you’ve made an offer on a home and the sellers have accepted. Not it may seem like all the hard work is behind you. Truthfully, there’s still more to be done to prepare yourself for the big closing day. But don’t worry, here’s an easy to follow guide on exactly what you need to do to ensure everything is in order by the time you move in!
Get a lawyer: If you don’t already have a real estate lawyer, you’ll want to hire one with a reputable track record who will ensure you get everything agreed upon between you and the seller from contract to closing. A real estate lawyer represents your interest and will prepare all necessary documents to ensure that the transaction closes smoothly.
Speak with a bank rep or mortgage broker: A bank rep. or mortgage broker will arrange your mortgage and make sure the necessary funds are transferred to your lawyer to be delivered to the seller on time on closing day.
Have a home inspection performed: You’ll want to get a thorough home inspection performed by professional inspector if this wasn’t already included in your offer conditions. Do this before closing so you can address any red flags before you move in.
Get insurance: Make sure you’ve set up homeowner’s insurance to protect your home and the assets inside. You’ll need this to finalize the deal.
Customize your security: Change your locks and any garage or security passcodes before you move in. By doing so, no previous owners can gain access to your home without you knowing. Also consider installing a new security alarm system to give yourself some added peace of mind.
Change your address: In addition to changing your address with Canada Post, be sure you’ve contacted any primary companies and agencies who have your address on file and make them aware of your move so you can save yourself any hassle down the line. Also remember to inform your employer, friends, and family.
Set-up utilities: It’d be unfortunate to start settling into your new home only to realize you’ve forgotten to connect your water, gas and electricity utilities. This setup can take several days so it’s best to do this in advance of your move-in to make sure these vital living necessities are all in order by the time you’ve moved in.
Safety first: Before moving into your new home, one of the primary things you should do is check to make sure that all the home’s smoke and carbon monoxide detectors are in working order. DO NOT overlook this step, as these alarms could very well save your life one day. Make sure you’ve checked the batteries or replaced any old units that are not in perfect working order. Also be sure that the units have been placed strategically around the home in areas where they will do their best work. Also ensure that the home is armored with a working fire extinguisher on each floor.
Know your home: Do a thorough walkthrough of the home and get to know its in and outs and how things work. Know where your major emergency-shutoffs are, where the circuit breaker is and what each breaker is for. If your home runs on a septic system, get your septic tank inspected before move-in and educate yourself on how to perform regular routine maintenance to keep it in working order. Get to know all your appliances and have copies of the manuals so you can refer to them should the need arise.
Create a routine maintenance schedule: As you get to know your home more and more, create a detailed checklist of all your household maintenance tasks and formulate a routine schedule for when these tasks need to be performed. That way you know exactly when to tackle what.
Hire a mover: Save yourself some hassle on move-in day and hire a mover to assist you with the transition and to ensure your items are transported to your new home fast and efficiently.
Introduce yourself to the neighbours: Either before or soon after you move into your new home, take some time to get to know the community. As a newcomer it’s always good to cement an amicable relationship between yourself and your neighbours from the get-go and hopefully build some long-lasting relationships.
Now that you know exactly what to do after you’ve purchased a home, you can be rest assured that you’ll be completely prepared by the time you move in! If you need any more advice on how to prepare for closing day, contact me today!