Congratulations! Winning the offer is a huge milestone, but there are a few important steps before you can officially call it home.
Now it’s time to finalize the purchase. This involves reviewing the purchase agreement, conducting due diligence, and arranging financing. Each step ensures that everything is in order before the keys are officially handed over. Let’s break it down:
Review and sign the purchase agreement
The seller’s agent will draft the purchase agreement, which outlines all the terms of the sale. Walter’s experts will review the agreement to ensure it’s fair and accurate. Once signed, a three-day cooling-off period begins, during which you can withdraw from the purchase without penalties.
Conduct due diligence
As the buyer, it’s your responsibility to ensure the property is in good condition and meets your expectations. This might include:
- Technical Inspection: Identify any hidden defects or necessary repairs before proceeding.
- Appraisal (Taxatie): This is required to secure a mortgage. An appraiser determines the property’s official value, which influences the amount your lender will finance.
Arrange financing
If you need a mortgage, now’s the time to finalize it. Work with your lender to secure financing based on the appraised value. Walter can connect you with trusted financial advisors if needed.
Notary and legal checks
The notary ensures that all legal and financial aspects are in order. They’ll also verify the transfer of ownership and prepare the deed of transfer and mortgage deed. Walter’s experts guide you through this phase, ensuring there are no surprises.
Prepare for closing
Leading up to the closing date, double-check that all arrangements are complete:
- Financing approval
- Property insurance
- Final property check before receiving the keys
Receive the keys
At the notary’s office, you’ll sign the final documents and officially transfer ownership. Once the transaction is complete, the keys are yours!
Throughout this process, Walter’s experts are by your side, ensuring everything runs smoothly. From legal reviews to arranging inspections and appraisals, we’ll guide you through every detail so you can confidently move forward and enjoy your new home stress-free.
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Walter Living is registered in The Netherlands with the address Walter Tech, B.V. Singel 542, 1017AZ, Amsterdam. Our Chamber of Commerce number is 73708585 and our tax ID is NL859636033B01.
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