{"id":1468,"date":"2022-04-14T21:36:16","date_gmt":"2022-04-14T21:36:16","guid":{"rendered":"https:\/\/dev.wahi.com\/wp\/?p=1468"},"modified":"2023-12-12T19:15:30","modified_gmt":"2023-12-12T19:15:30","slug":"the-ultimate-moving-checklist","status":"publish","type":"post","link":"https:\/\/wahi.com\/ca\/en\/learning-centre\/the-ultimate-moving-checklist","title":{"rendered":"The Ultimate Moving Checklist"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”55px||5px||false|false” global_colors_info=”{}” custom_margin__hover_enabled=”off|desktop”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”95%” max_width=”100%” custom_margin=”||-24px||false|false” custom_padding=”55px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][wahi_breadcrumb _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][wahi_breadcrumb-link title=”Real Estate 101″ _builder_version=”4.18.0″ _dynamic_attributes=”link_option_url” _module_preset=”default” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjcyMiJ9fQ==@” global_colors_info=”{}”][\/wahi_breadcrumb-link][wahi_breadcrumb-link title=”Buy” _builder_version=”4.18.0″ _dynamic_attributes=”link_option_url” _module_preset=”default” link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjE2MzIifX0=@” global_colors_info=”{}”][\/wahi_breadcrumb-link][wahi_breadcrumb-link title=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@” _builder_version=”4.18.0″ _dynamic_attributes=”title” _module_preset=”default” module_text_color=”#686E6E” global_colors_info=”{}”][\/wahi_breadcrumb-link][\/wahi_breadcrumb][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _dynamic_attributes=”content” _module_preset=”default” header_font_size=”3.5rem” header_line_height=”4.5rem” header_font_size_tablet=”42px” header_font_size_phone=”2rem” header_font_size_last_edited=”on|phone” header_line_height_tablet=”4.5rem” header_line_height_phone=”2.5rem” header_line_height_last_edited=”on|desktop” global_colors_info=”{}”]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IjxoMT4iLCJhZnRlciI6IjwvaDE+In19@[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”3px||3px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][wahi_socialsharing _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/wahi_socialsharing][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||37px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”24px” text_line_height=”1.5em” custom_margin=”||10px|||” global_colors_info=”{}”]
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<\/at-text>Everything you need to know for a successful move.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>[\/et_pb_text][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”1.13rem” text_line_height=”1.18rem” custom_margin=”||7px|||” global_colors_info=”{}”]

By John Peloza, CFA | 14 minute read<\/p>[\/et_pb_text][et_pb_post_title title=”off” author=”off” date_format=”M j” categories=”off” comments=”off” featured_image=”off” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width_tablet=”” width_phone=”100%” width_last_edited=”on|phone” max_width_tablet=”” max_width_phone=”100%” max_width_last_edited=”on|phone” custom_padding=”0px||0px||true|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” align=”center” force_fullwidth=”on” _builder_version=”4.18.0″ _dynamic_attributes=”src” _module_preset=”default” custom_padding=”1px|||||” border_radii=”on|32px|32px|32px|32px” border_radii_tablet=”on|32px|32px|32px|32px” border_radii_phone=”on|0px|0px|0px|0px” border_radii_last_edited=”on|phone” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”49px|||||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”2rem” header_2_line_height=”2.5rem” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” custom_padding=”||38px|||” header_2_font_size_tablet=”36px” header_2_font_size_phone=”1.5rem” header_2_font_size_last_edited=”on|phone” header_2_line_height_tablet=”1.3em” header_2_line_height_phone=”2.25rem” header_2_line_height_last_edited=”on|phone” global_colors_info=”{}”]

In today\u2019s ultra-competitive real estate market, moving into your new home is naturally an afterthought for most buyers. After multiple home showings and submitted offers, it is certainly a relief and cause for celebration for many buyers once they have an accepted agreement of purchase and sale (APS). Hold off on popping the champagne just yet, as there are many important things to check off the list to ensure a smooth transition and home closing. Many of these to-do items will occur at the same time, so a comprehensive checklist based on your unique situation will prove most helpful in reducing stress and avoiding any mishaps.<\/p>\n

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Fulfill or Waive your Offer Conditions on Time<\/h2>\n

Before you start packing up your stuff, the first and foremost task is to review the outstanding conditions that comprise your accepted offer. Many buyers are now submitting unconditional offers, which means that the APS is not subject to the seller or buyer completing any further due diligence, such as obtaining a satisfactory home inspection or financing approval. If you\u2019ve submitted an unconditional offer, you can skip this step.<\/p>\n

\u00a0–<\/span><\/p>\n

If your APS includes certain conditions, there are two things that are important to know. First, each condition will specify whether the buyer or seller is obligated to complete the condition. And second, conditional clauses will specify a maximum date by which the condition must be completed or waived by the obligated party. If the condition is not completed or waived during the time period, the APS is no longer valid and you will be back to the drawing board. In some cases where a buyer fails to perform a necessary action, they may even lose their purchase deposit.<\/p>\n

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Most conditions have a one- to two-week time period, although unique conditions relating to insurance, rural properties, or requested home repairs may naturally be longer. If your condition deadline is nearing and an item is still outstanding, consult with your lawyer about the necessity of the condition. In many cases, it will make sense to waive the condition completely in order to proceed with the purchase. However, if the condition is deemed crucial to complete, a third option is to add an amendment to the APS that extends the condition deadline. Most sellers acting in good faith will accept an amendment if a third party is slightly delayed in providing the relevant service related to a buyer condition.<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” min_height=”35px” custom_padding=”0px||0px||true|false” global_module=”1002″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width=”100%” max_width=”100%” custom_padding=”0px||0px||true|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider show_divider=”off” admin_label=”Divider” _builder_version=”4.18.0″ _module_preset=”default” background_color=”#f0faf4″ height=”40px” locked=”off” global_colors_info=”{}”] [\/et_pb_divider][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”42px||42px||true|” global_colors_info=”{}”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||17px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”2rem” header_2_line_height=”2.5rem” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” header_2_font_size_tablet=”36px” header_2_font_size_phone=”1.5rem” header_2_font_size_last_edited=”on|phone” header_2_line_height_tablet=”1.3em” header_2_line_height_phone=”2.25rem” header_2_line_height_last_edited=”on|phone” global_colors_info=”{}”]

Finally, it is important to distinguish between two types of conditions: a condition precedent and a condition subsequent. A condition precedent is more commonly used in real estate transactions and refers to something that must happen first in order for the agreement to be completed. Simply put, if notice is not provided that the condition is fulfilled by the deadline, then the agreement is no longer valid. Condition precedents provide an added layer of protection for buyers since they can often be waived at the buyer\u2019s discretion. An example of a condition precedent for a general home inspection is listed below:<\/p>\n

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This Offer is conditional upon the inspection of the subject property by a home inspector at the\u00a0Buyer\u2019s expense, and the obtaining of a report satisfactory to the Buyer in the Buyer\u2019s sole and\u00a0absolute discretion.\u00a0<\/i>Unless the Buyer gives notice in writing delivered to the Seller\u00a0<\/i><\/b>personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than ____ on the ____ day of ____ , (a.m.\/p.m.) 20 ____ ,\u00a0<\/i>that this condition is fulfilled, this Offer shall be null and void and the deposit shall be returned to the Buyer in full without deduction.<\/i><\/b>\u00a0The Seller agrees to co-operate in providing access to the property for the purpose of this inspection.\u00a0<\/i>This condition is included for the benefit of the Buyer and may be waived at the Buyer\u2019s sole option<\/i><\/b>\u00a0by notice in writing to the Seller as aforesaid within the time period stated herein.<\/i><\/p>\n

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Source: Ontario<\/a> Real Estate Association, 2022 Guidelines for Residential and Commercial Clauses<\/p>\n

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A condition subsequent, on the other hand, establishes a termination right within an accepted agreement. A condition subsequent can be also thought of as an escape clause for the buyer or seller. If the condition is not met, a termination action can be taken, usually by notice in writing to the other party, otherwise, if no action is taken relating to the condition, the agreement will remain binding. Unlike a condition precedent, the buyer or seller cannot waive the condition and, if notice is not provided, then the agreement remains in place. A general home inspection, written as a condition subsequent, is presented below:<\/p>\n

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This Agreement is conditional upon the inspection of the subject property by a home inspector at the Buyer\u2019s expense, and the obtaining of a report satisfactory to the Buyer in the Buyer\u2019s sole and absolute discretion.\u00a0<\/i>Unless the Buyer notifies the Seller in writing<\/i><\/b>\u00a0delivered to the Seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule thereto not later than ____ on the ____ day of _____ , (a.m.\/p.m.) 20 ____ ,\u00a0<\/i>that the Buyer is not satisfied with any of the above inspections, the Buyer shall be deemed to have waived this condition and this Agreement shall remain valid and binding.<\/i><\/b><\/p>\n

–<\/span><\/p>\n

Source: Ontario Real Estate Association, 2022 Guidelines for Residential and Commercial Clauses<\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” background_color=”#f0faf4″ custom_padding=”15px||30px|||” global_module=”882″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row custom_padding_last_edited=”on|phone” _builder_version=”4.18.0″ _module_preset=”default” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|phone” custom_padding=”||61px||false|false” custom_padding_tablet=”” custom_padding_phone=”” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_2_text_align=”center” header_2_text_color=”#38505b” header_2_font_size=”2.63rem” header_2_line_height=”3.2rem” custom_margin=”||25px|||” custom_margin_tablet=”” custom_margin_phone=”|5px||5px|false|true” custom_margin_last_edited=”on|phone” custom_padding=”||0px||false|false” header_2_font_size_tablet=”2.63rem” header_2_font_size_phone=”2rem” header_2_font_size_last_edited=”on|phone” header_2_line_height_tablet=”3.75rem” header_2_line_height_phone=”2.5rem” header_2_line_height_last_edited=”on|desktop” locked=”off” global_colors_info=”{}”]

We put the real<\/em> back in real estate.<\/span><\/h2>[\/et_pb_text][et_pb_divider show_divider=”off” _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||0px|||” locked=”off” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Text” _builder_version=”4.18.0″ _module_preset=”default” text_text_color=”#e8db3a” text_font_size=”20px” text_orientation=”center” min_height=”35.8px” custom_margin=”-24px||32px||false|false” custom_padding=”||||false|false” global_colors_info=”{}”]

Join Wahi today and find out how easy it is to get real estate in the GTA<\/a>.<\/span><\/p>[\/et_pb_text][et_pb_divider show_divider=”off” disabled_on=”off|off|off” admin_label=”Divider” _builder_version=”4.18.0″ _module_preset=”default” height=”5px” height_tablet=”” height_phone=”1px” height_last_edited=”on|phone” custom_padding=”||0px|||” locked=”off” global_colors_info=”{}”] [\/et_pb_divider][wahi_wahiButton url=”\/ca\/en\/real-estate\/sign-up” button_font_color=”#000000″ button_color=”#EB7161″ circle_color=”#000000″ border_color=”RGBA(255,255,255,0)” focus_color=”#000000″ is_white_hover_text=”on” _builder_version=”4.18.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”]

GET STARTED<\/p>[\/wahi_wahiButton][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”33px||7px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”||59px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”2rem” header_2_line_height=”2.5rem” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” header_2_font_size_tablet=”36px” header_2_font_size_phone=”1.5rem” header_2_font_size_last_edited=”on|phone” header_2_line_height_tablet=”1.3em” header_2_line_height_phone=”2.25rem” header_2_line_height_last_edited=”on|phone” global_colors_info=”{}”]

Your REALTOR\u00ae and lawyer will be able to advise you on what conditions should be added to an offer, in addition to how they should be structured to protect your best interests. Every property transaction is different, but the main thing to know is who is obligated to perform a condition item (either you or the seller) and when the item must be completed by. Once all conditions have been fulfilled or waived, the agreement has become firm and binding and you can focus on getting ready to move into your new home.<\/p>\n

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Some Moves are more Complicated than Others<\/h2>\n

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How you approach moving into your new home will greatly depend on your current living situation. You may be living with your parents, and if you purchased a home in the same town or city, moving will be relatively straightforward. Beyond updating your address for credit cards and other memberships, you can focus on obtaining home insurance and getting utilities set up for your new home. If you are renting, there will be a few added obligations, such as providing two months\u2019 notice to your landlord, cancelling your tenant insurance, and transferring your cable and internet if they are in your name. In general, these two types of situations benefit from not having to coordinate around the sale of your previous home, and when your new property is located in the same city, moving becomes even easier.<\/p>\n

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Keep in mind that the following checklist items are based on moving out of your previously owned property, so disregard any items that are not relevant to your situation.<\/p>\n

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Transfer your Utilities and Home Services<\/h2>\n

An APS will specify a closing date \u2013 the day you can finally move into your new home. In general, a typical closing period is around 30 and 90 days after the offer date. Beyond setting your overall timeline for a variety of move-related tasks, you will need to communicate your close date to your utilities and home service providers to ensure a smooth transition. Some of the providers you will need to contact include:<\/p>\n

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