The Main Things You Need to Know for Closing Are That:
1.) Your lawyer will work with the seller’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 lawyer’s office a day or two prior to closing to sign all paperwork
Closing Costs & Fees
Lawyer Fee & Disbursements
Land Transfer Tax
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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