Sunday, May 31, 2009

Making the Down payment

I met with the realtor who handled my purchase at the Tivoli Gardens sales office. It was a bit embarassing because they were early and I was late. If you've never purchased a property before that required you to issue post dated cheques then you might be surprised just how tiring it is. First, I had to sign the contract. The contract is about a dozen pages, I had to sign on all the pages and I had to sign SIX(6) copies. I thought the worse was over but I was wrong. Next came cheque signing, I had to issue 33 post dated cheques, filling up the date field, amount field, amount in words field and payee field. I then had to print my full name and sign it. My advice is, don't do this in one sitting like what I did. Prepare the cheques in advance, say a dozen every day, so you don't end up with a strained wrist.

1 comment:

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