When all is said and done then you can put your guard down and celebrate. However beware of premature elation. You financing is not complete when the vendor accepts your offer. It’s not complete when your mortgage request has been approved. It’s not complete when all financing conditions have been approved.

It is only complete when your solicitor/lawyer/notary has received the funds from the lender and dispersed them and you have received the keys. Only then can you finely celebrate and then look at getting the new car that you have been putting off or the appliances that you needed. Not before.

This is because there have been so many horror stories about clients going and financing a new car after they have gone firm on their home purchase thinking all was said and done. Only to find out the … Read more