Real Estate Lawyer Closing Meeting: What First-Time Homebuyers Can Expect

Many first-time homebuyers are nervous and often, surprised when they meet their real estate lawyer to close on a mortgage for their new home. Typically, this meeting will be set up 5-10 business days before moving into your new home to put down the rest of your down payment, pay closing costs, sign final papers, and confirm first-time buyer exemptions. We sit down with BC real estate lawyer Eli Zbar to walk you through what to expect and prepare for as you cross the mortgage finish line. Timestamp: 0:44 Introducing all documents needed 1:40 The mortgage loan agreement vs. the broker commitment letter you originally signed 9:10 What your official mortgage document looks like with the BC Land Title Office 10:43 Property Transfer Tax Return paid on completion day (eligible rebates come later) 11:40 Statement of Adjustment document to review all associated costs - some which might be a surprise for you! Eli Zbar (https://pricemyconveyance.com/) Aurora Zbar 778-918-5377 eli@aurorazbar.com Paul Davidescu (www.levelupmortgages.com) Level Up Mortgages 604-809-3188 paul@levelupmortgages.com Subscribe to Level Up Mortgages YouTube Account: http://bit.ly/LevelUpYouTubeSubscribe Email Paul to Level Up your mortgage planning: paul(at)levelupmortgages.com Talk to us or if you want some quick replies, connect with our Facebook Messenger Bot: http://bit.ly/MyMortgageBot Got Mortgage Questions? Trying not to freak out about something that’s stressing you out? We got you 🙋🏽‍♂️🙋‍♀️ + Get immediate answers without needing to talk to a human 🤖 http://bit.ly/MyMortgageBot + Email me and check out our website: paul(at)levelupmortgages.com | www.levelupmortgages.com 👨🏽‍💻 + DM me on Instagram if you want to get more personal 📱 https://www.instagram.com/levelupyourmortgages/ + Get LinkedIn if you want to check our credentials 😎 https://www.linkedin.com/in/pauldavidescu/ + TikTok with us if you want to “edutainment” 🎥 https://www.tiktok.com/@levelupmortgages?lang=en + Check updates on our blog to do a deep dive 🔎https://www.levelupmortgages.com/blog