Buying play · move 5 of 5

Conditions and closing.

Inspection, financing and your lawyer, all on time, until you get your keys.

Last updated October 29, 2026

The 30-second answer

After your offer is accepted, you clear your conditions (inspection, financing and any others) by their dates. Then your lawyer handles the money and the title, and you pick up your keys on possession day.

The order things happen

Inspection, and any questions it raises
Lender approves the mortgage and the home
You remove conditions in writing
Your lawyer prepares documents and you sign
Down payment and closing costs go to your lawyer
Possession day: final walk-through and keys

Closing costs in Edmonton

Plan for a home inspection (about $450 to $600), a real estate lawyer (about $1,200 to $1,600 plus GST and disbursements), land title and mortgage registration fees, and moving costs. Alberta has no land transfer tax.

The buying play

All five moves.

01 Get pre-approved Know your budget before you fall for a home. Read the play 02 Pick your areas Compare schools, parks, commutes and prices across Edmonton. Read the play 03 Tour homes with Brent What to look at past the paint: furnace, roof, windows and grading. Read the play 04 Make a smart offer Price, conditions and dates that win, without overpaying. Read the play 05 Conditions and closing Inspection, financing and your lawyer, all on time, until you get your keys. You are here

Questions

Conditions and closing: questions

What if the inspection finds problems?

You can ask the seller to fix something, lower the price, or give a credit, or you can let the deal end within your condition period. Brent helps you decide what’s worth raising.

When do I get the keys?

On possession day, at the time in your contract, once your lawyer confirms the money and paperwork are complete.

Home starts here.

Talk to Brent 587-400-4668 brent@realestateyeg.ca

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