Has anyone on the bowl bought a house recently? Would you take me through the process you had to go through before you were able to move in? I've only purchased real estate in the US, which takes a few months, and just want to know how long the process here goes on for.

Post Photo
like
Posting as :
works at
You are currently posting as works at

Yes! I did. Assuming your offer is accepted you will get a closing date. Some sellers might agree to (or really want) a closing date that is soon because they are ready to move quickly and want the cash, some might need more time (e.g., 60 days).

Along with your offer you will put down a deposit.

You will need to find a lawyer to handle the sales process. They will work with your bank to handle the financing. They will also run title searches, etc… handle title insurance, etc… they will also handle a statement of accounts (e.g. make sure property taxes are paid up until you close or give the seller credit if they’ve prepaid them already, same with utilities). The lawyer should handle the transfer so the city now knows who owns it and who pays the bills

You will need to set up accounts with the utility providers. You will need to get insurance (arrange this before you close so it starts from the day you own it).

Other things to consider: we hired a cleaning service before we moved it. Redirect any mail you may have via Canada post. Look for the best deals on internet.

like

Related Posts

To those who consistently invest in Bitcoin or other crypto, why? Genuinely curious into why you’re long term bullish about it. Debating adding it to my list of regular investments but can’t mentally justify it yet.

like

Where do y’all think Ethereum and Cardano will be in a year? I’m hoping former breaks $4,000 and latter breaks $200.

like

What’s the best credit card for points in the UK. I’m from the US and have the Chase Sapphire Reserve and the Marriott Amex

like

Is it possible to buy a new luxury German sedan car with 30k budget?

likefunny

Looking for recommendations on the most I can spend on a car:
I make 70k/year, and have 30k saved up. No real expenses ( I live at home). Would a 30k car be too much?

Hi Fishes,
Need help with a tax query.

I am earning 85k/month now. Thinking to purchase a land of around 15L, not just for investment but to build our own house on it in future.

Though I can somehow manage it without taking a land loan. But I was wondering if I can take some to avail tax benefits.

So my doubts are - Can I avail tax benefits (like home loan) before construction? If I take the loan just to enjoy tax benefits then how much loan should I take at most? Have only ~68k EPF in 80C

like

Should I ask for a refund for my Delta flight or keep it as credit that can last til 2022? Delta is losing about 50m a day, so it’s a bit concerning. What would you do?

like

2 years out of undergrad and have a 758 credit score. Never missed a payment and was never late on one. How do I increase my available credit balance? It’s $10k on my card right now, I don’t need funds for anything, just would like to see it rise in case I ever do down the road.

Start raising cash family. Take some profits. 4/14 3:51 est

like

Any tax saving ninja technique??

like

Hello,
Does anyone have advice for someone looking to purchase their first investment property? Maybe something you wish you knew before buying yours etc. I’m looking at single families

like

I am curious how Onesource Income tax stacks up against it's competition.

How to change bank account to receive salry I currently have HDFC want to change it AXIS

I am financially secure (husband now has a high earning job) and looking at what options for "moon shots" at chances of real wealth generation with my years in Big 4 (10+). Month to month cash flow isn't a concern anymore so i can focus on opportunities for bigger pay days. Ideas from the hive mind?

like

What is personal independence??
Why Pwc asked me to fill all investment details for me and my dependant.
Can anyone please help me on this ??

@pwc

like

Any suggestions for books to read about any guide for buying house in Canada or on real estate in Canada ?

Thanks

like

Why do 403b have such I fees? I almost want to stop contributing all together or just minimum 6% to meet the match. Possibly just rely on the pension but what if it’s underfunded when I retire?

FYI Amex offer for Allen Edmonds. Spend $300 get $90

like

Does anyone have any suggestions on small side gigs or other ways to make some quick cash for the holidays?

like

Thoughts on buying xem?

More Posts

Salary range for a tax associate in Canada?

Anyone in HNW 1040/trust/family office at Marcum? What’s culture like? Pros/cons?

like

What are some signs that it is time to fire someone?

like

I roll my sleeves at work (cuff folded up twice on each arm.) Is there anything overly informal about this? I noticed I do it way more than the people around me but nobody has ever said anything

like

Name the most ridiculous micro-managing by partners that you experience.

I’ll go first: MP told me that on initial emails, I am always to start with “Hello [name],” but after the initial email, I am not to address her by name again in the same thread. Initial greeting can only be “Hello [name] ” because just first name is too brisk and a “Hi [name]” is too informal. Had a 5 minute, in depth conversation as to why she prefers it this way…

likefunny

Does anyone have a casebook from 2021-2022 with the latest industry overviews?

like

I have offer letter of HSC, persistent, Cognizant, Gspann, birla soft, royal cyber, bristlecone Package are very similar, at 7 YOE, For which I should go Gspann Persistent Cognizant Hughes Systique Corporation Birlasoft Royal Cyber Inc Bristlecone

like

Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

like

Hi Fishes,
I hold 8 years experience in Wealth management, financial advisory in Banking. My current salary is fixed 9 lpa and variable 10 lap. Currently I am negotiating salary with one of the Big 4 firms. Can anyone tell me how much hike should I quote as fixed and variable ??

like

Hi Fishes,

Does Deloitte send starting kit with their goodies? Lately, I've been seeing a lot of these posts on LinkedIn and wondering if they send it to all new joiners or is random.

like

Hello all!
Any recommendation for an attorney who has federal court experience (especially in MA)? Thank you!

like
like

Silly question but, how did you make close friends when you first moved to Miami? Feeling like a fish out of water, from Texas.

likehelpful
like

When do we get salary ?
Last day of month?

like

Hi Fishes, does anyone have an idea how long TCS takes to provide the confirmation letter after 3 months of probation? I expect mine on Nov 24th, till what date may I expect the confirmation letter please?

like

Has the squeeze squoze?

like
like

Current student looking for advice. I interned at RBC Wealth Management last summer and currently have 2 offers for summer 2023 that require a decision next week: 1 for BASF (chemical manufacturing) and 1 for Peraton (defense technology); I am also waiting to hear back from SMBC (S&T), Point72, Lord Abbett, Boeing, and Shell. I hope to break into banking next summer, and I’m interested in the Natural Resources, Industrials, and Real Estate industry groups. Any advice on what to do? Thanks!

like

Any REIT ETFs that people like?

like

Additional Posts in The Toronto Bowl

Is there any not very expensive black tie gown shops near Toronto downtown? New to the city and office party has black tie dress code!

like

What are Google Canada email addresses?

funnylike

What's a nice restaurant to take relatives to when they're in the city visiting? Would like something nice but not over-the-top fancy.

like

I’m a salaried employee, am I legally entitled to get paid for December 28, 29 and 30 if our company tells me I don’t need to work on those days?

like

What’s the salary range for an operations manager at a startup in TO? Overseeing sales, rev, support, success, and a bit of other company ops stuff. Glassdoor has a big range so I decided to ask here for more insights. Thanks.

like

Hi all, I am looking for Managerial and senior managerial positions in Operations Excellence in Toronto please help to refer me if there is an similar opportunity in your organization.

like

Does anyone or their small business need any writing or social media help? Would love to get some side income in this economy while helping the community.

like

Does anyone know how to declare in my individual tax return, RSA and Stock Options from a US Company that I have? Non exercised yet.

like

How long does background check take at Atlassian? It was initiated more than 2 weeks ago for me, haven't heard anything yet. Atlassian

like

Hi everyone! I hope you are all safe and well. I am reaching out here as I am getting desperate and feel defeated . Our company had lay offs due to internal restructuring and I was part of it . I have over 13 years of sales experience ranging from B2B to B2C and I am located in Toronto, Canada. My experience ranges from India, USA and Canada. I am looking for an Account Executive or a Customer Success role. Thank you for all your help in advance.
#sales #customersuccess #lookingforwork

like

Can anyone suggest a good therapist in dt Toronto for someone in their 20s?

like

Curious to know what you've seen as working to non working dollars split in Canadian agencies. Reference any specific brands (or categories) if you can. I'm used to seeing the conventional 15-20% split for non working (production dollars only, not including media budget, agency fees) but are those days gone now with the takeover of digital (vs traditional) ad placements?

like

Best recommendation of a nice restaurant in mid-town to take a client for Lunch?

like

Hello everyone, I just moved to Toronto and looking for a job preferably as Enterprise Risk Management Specialist/Analyst. Any help would be appreciated!! YEO - 4 years.

like

How did you start meeting people in Toronto when you moved here?

like

What should be the salary of a senior seo manager at a decent sized agency in Toronto. I am being offered 110k base + 20% bonus for hitting retention and revenue targets.

I have 8 years of experience in SEO, SEM and paid social

like

Any indoor basketball courts in downtown toronto I could go to for drop ins/21 etc. I used to play before but the pandemic took me out of routine and I'm looking to get back to the court during winter (hopefully somewhere indoors)

like

First time home buyers in the GTA: where are we moving to? I'm considering a 1500 sq ft igloo in Nunavut at this point.

funnylike

Hi! I have worked in management roles in tech, mainly in analytics, for approximately 10 years. My TC has fluctuated (currently around 135K CAD), but it seems like it's relatively easy to breach the 100K bar, but hard to breach the 150K bar. I now work at the CBC, but I have worked in the private sector too. What is the most realistic way to move to 200K? 1) Continue moving the ladder to a VP position, 2) Switch to Pre-Sale, 3) Switch to Consulting, 4) Work from a U.S. company from Canada.

like

Hey everyone, I want to go tobogganing somewhere in Toronto, ideally Riverdale park - can someone tell me if need to get my own sled / equipment?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal