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The Main Things You Need to Know for Closing Are That:

1.) Your lawyer will work with the sellerโ€™s lawyer on exchanging title to your name

 

2.) They will work with the lender to arrange your mortgage

 

3.) Prior to closing, your lawyer will work out the amount you need to take them to complete the transaction.

 

4.) These funds will cover the balance between your deposit & mortgage + lawyers fees, land transfer tax, title insurance fees & any other misc charges related to the purchase

 

5.) You will go to your lawyerโ€™s office a day or two prior to closing to sign all paperwork 

 

Closing Costs & Fees

Lawyer Fee & Disbursements 

Land Transfer Tax

Property Tax

Property Insurance

Contact us for more information to see if you are ready to take the next step in your home ownership goals!

 

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