Purchase or Finance Fees
We know people often reach out to inquire about initial costs to start the process. Here are some of the upfront costs you can expect to see.
Base Fees:
Purchase - $750.00
Refinance - $750.00 + $50.00 per required payout (accounts, credit cards, loans or mortgages that your lender requires payout on in order to grant your loan.)
Additional Mortgages / Bridge Financing - $200.00
Real Property Report & Compliance - $50.00 (this charge will apply in the event our office is required to handle obtaining a real property report and/or compliance from the municipality.)
Our office charges an additional $100.00 surcharge for transactions where the paperwork has not been provided to our office at least two weeks prior to the closing date.
In addition to the fees set out above, each file will be billed for disbursements (out of pocket costs incurred by our office when completing the transaction, such as obtaining title searches, registering or discharging mortgages, and couriers.) While these amounts will vary from transaction to transaction, we have included a calculator that will give a close approximation of what a typical transaction will cost. Please note that until we are provided with the details of your transaction, we cannot give a closer approximation, as additional costs may arise (such as a lender requiring title insurance, or the cost to register a second mortgage)
All amounts subject to applicable G.S.T.