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The Legal Edge

 

 

 

 

 

 

 

 

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Closing Cost Information

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Moving Checklist

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Ontario New Home Warranty Program (Tarion)

Home Inspection Service (Amerispec)
Contact Rob Iseppi for quality home inspections.

 

Home Inspection Service (Housemaster)

Contact Paul Mailloux for quality home inspections.

 

Multiple Listing Service (WWW.MLS.CA)

Windsor News

 

Closing Cost Information
Be informed. Homebuyers often are not fully prepared for the additional costs i
nvolved in purchasing property. While the purchase price is by far the largest cost, it's imperative to take into account the numerous direct and indirect expenses (including):

  • Legal Fees: for arranging the mortgage, title searches, title deeds and registering the mortgage and disbursements.
  • Mortgage Insurance & Application Fee: this is applicable whenever the down payment is less than 20% of the purchase price.
  • Appraisal Fee: required by most lending institutions prior to providing financing.
  • Home Inspection Fee: Optional but advisable.
  • Property Insurance
  • Land Transfer Tax: May be exempt if a first-time buyer and acquiring a new home.
  • G.S.T.: applies somewhat to all new homes. Partial rebates may be available.
  • Moving Costs
  • Miscellaneous: Telephone, cable, gas, hydro may require new account or installation charges.

Moving?-Don't Forget About Forwarding Your Address To……..

  • Doctor
  • Lawyer
  • Dentist
  • Broker
  • Insurance
  • Newspapers
  • Magazines
  • Mail Order Houses
  • Books/Records Clubs
  • Electric
  • Gas
  • Utility
  • Telephone
  • Cable TV
  • Fuel
  • Water Treatment Services
  • Banks
  • Moving Day-Checklist
  • Telephone
  • Library
  • Credit Cards
  • Department Stores
  • Baker
  • Laundry
  • Drug Store
  • Housecleaning
  • Post Office
  • Income Tax
  • Family Allowance
  • Old Age Security
  • Canada Pension Plan
  • Unemployment Insurance
  • Health Insurance
  • Vehicle Registration
  • Windows & doors locked
  • Lights
  • Furnace
  • Driver's License
  • Schools
Tips On Your Next Real Estate Transaction
  • Read your insurance policy in full to understand the protection that you are purchasing.
  • Provide your lawyer with as much information about the property as you know
  • Note that your lawyer and sales representative are bound by professional rules of conduct and ethics that require that your best interests are of first priority.

As the sale or purchase of a home is likely the most important financial decision you will make in your lifetime, don't you think you owe it to yourself to get 'The Legal Edge.'

 
The Benefits of Using The Legal Edge
 
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