Real Estate Transaction

When buying a property in Mont Tremblant its important to understand the roll of each professional involved in a Tremblant real estate transaction. Rules and regulations may vary from province to province, so it’s important that you have the right team of professionals to assist you throughout the entire process.

There are several professionals involved in each Tremblant real estate transaction. We suggest that prospective buyers do the necessary research and ask the right questions in order to surround themselves with the right team.

Here is a list of key professionals involved in a Tremblant real estate transaction:

• Local Realtor
• Title Company/Notary
• Home Inspection Company
• Financial Institution/Mortgage Broker

Your local realtor will provide with all the required information and data to understand the local markets, perform market analysis, and provide you with com parables. Your Realtor will also negotiate the contract between you and the seller and act as the coordinator between the home buyer and the other professionals involved in your Tremblant real estate transaction.

Commercial Realtors share some of the same responsibilities as residential Realtors. They must also have a strong knowledge of business and finance in order to prepare and present their client with substantial financial and analytical data including local statistics and market demographics.

In Quebec Notaries plays the same role in the real estate transaction as a title company does in the US.  Aside from a lawyer, the a Notary is the only one that can legally draft a mortgage deed. The notary will coordinate all the steps of the transaction from the receipt of the purchasing contract to the handling of funds while ensuring that all parties are fully protected.

While a home inspection is not required, it is an extremely important part of the buying process. The buyer should hire a licensed Home Inspection Company that’s an accredited member of the AIBQ to make sure that the property does not have any hidden construction defects. This home inspector will then provide the buyer with a full report on the quality of the property.

If you require financing to buy your home it is important to find a financial institution or mortgage broker that understands your needs and can offer the required financing in a timely manner. Based on your financial needs, a Mortgage Broker can help you find the most advantageous loans available on the market.