| Step1,
Pre-consideration | Step2, Finance/Qualification
| Step3, Purchase/Closing | Home
Step3, Purchase/Closing
- How to Buy a Home : The basic steps
- How to make an Offer to Purchase
: Step by step
- What about a Survey? :
You probably will need one
- Should I get a Home Inspection?: Yes
- Real Estate Condition
Report : Seller should fully disclose
- Things to know about Legal costs
- Some Closing Tips : Be
ready
6. Things to know about
Legal costs
Fees for the lawyer's services vary from firm to firm and area
to area. It is wise to get a written quotation in advance so that
there are no surprises later. Remember the cheapest is not necessarily
the best, so when choosing a lawyer, don't let price alone be your
guide.The disbursements are those costs the lawyer incurs on your
behalf throughout the transaction. Generally in a sale transaction
these costs are between $150.00 and $200.00. On a purchase transaction
the disbursements will include the cost of register documents, title
searches, land transfer tax and other miscellaneous costs and can
easily add up to over $500.00 plus the lawyers fee and GST. Again
it is wise to have the lawyer provide a written estimate of these
costs in advance.
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