Real Estate

The purchase or sale of a home may be the most significant financial transaction that you will ever undertake.We will do our best to ensure you have a trouble free transaction:

  • help you understand the contract
  • examine title to the property
  • prepare necessary legal documents – compute adjustments
  • explain the costs involved
  • advise of any tax implications
  • explain mortgage terms and responsibilities
  • ensure orderly transfer of funds – certify title to property and advise of any defects or qualification
  • coordinate closing and exchange of money and possession

Signing a Real Estate Purchase Contract? – Once an offer has been signed by the seller and buyer, it is a binding contract.
– Take care to ensure the offer states exactly what you want.
– The contract may contain “subject to” conditions.
– Any promise good enough to make, is good enough to write in the contract.
– Real estate includes all permanently attached goods, unless specifically excluded.
– Real estate does not include personal property, unless it is specifically included.
– Goods and appliances are sold “as is” “where is”, unless the contract states otherwise.
– Find out how much property taxes are.
– Check zoning and building restrictions.
– Does the shed, deck, satellite dish, or other improvement have/require a permit?
– Are there any restrictive caveats or easements?
– Buyer should consider hiring an expert to check the house for structural defects.
– Get cost estimates for:

  • Legal fees
  • Mortgage discharge penalty
  • Mortgage application
  • Property tax adjustment
  • Land Titles registration
  • Late interest
  • Insurance
  • Utility accounts
  • GST
  • Real property report (survey)
  • Appraisal and inspection