i recently bought a house, and my closing is at the end of the month. I need to find a cheap/good real estate lawyer for title search, closing costs, land transfer etc.
by cheap i mean <$600
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Aug 2nd, 2009 06:14 PM #1
Can anybody recommend a good/cheap real-estate lawyer??
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Aug 2nd, 2009 06:46 PM #2
Not to hijack your thread, but if anyone knows a goo/cheap real estate lawyer in the vancouver/lower mainland area plz let me know!
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Aug 2nd, 2009 07:17 PM #3
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Aug 3rd, 2009 11:22 AM #4
I have a good one in GVR. I used him last year when I bought my place, and I knew him from work. Really nice guy, and he gave me a deal. I only paid $250 for his fees, plus disbursements.
Pm me if interested.
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Aug 3rd, 2009 02:05 PM #5
+1 on a real estate lawyer. i just dropped an initial deposit on a new development, and looking to hire one.
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Aug 3rd, 2009 03:46 PM #6Newbie
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I used this lawyer on my purchase. Here is his quote:
http://www.balllawfirm.com/purchasequote.htm
I think his fee is reasonable, but this was my only purchase. Maybe I'm wrong??
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Aug 3rd, 2009 04:48 PM #7
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Aug 3rd, 2009 04:51 PM #8
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Aug 3rd, 2009 05:56 PM #9
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Aug 4th, 2009 12:00 AM #10Newbie
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Directly from the quote it says:
For example, the fees and disbursements with tax on a purchase with no mortgage and two names to be searched twice on executions would be $715.20. As another example, the fees and disbursements with tax on a purchase with one mortgage and three names to be searched twice would be $939.05.
The fee is $500 plus disbursements. The disbursements are mainly the actual costs they incur and all lawyers are going to charge this back. I am looking at paying $720 all in when my new condo finally closes. I had a friend who just closed on a used condo in toronto and paid $1,400 all in. (He did get a mortgage as well) If you have someone who can do better than $720 all in, I would sure love to know who they are. Please post their contact info for future references.Last edited by jcools; Aug 4th, 2009 at 12:06 AM.
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Aug 4th, 2009 12:33 AM #11
Just for comparison sake: when I purchased a condo (in Saskatoon, SK) my legal fees were $650 plus tax and disbursements were $843.
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Aug 4th, 2009 12:46 AM #12
If you are not getting title insurance just to save a few hundred bucks, might as well do it yourself. The title insurance is to protect you from the lawyer's mistakes. Lawyers don't even do the searches themselves. They get their assistants to do it. If you don't have insurance, good luck suing the lawyer.
You don't have to use the electronic registration. You can just go to the land registration office and do it yourself. All the forms are here
http://www.ontario.ca/en/information...?openNav=forms
The fees are here
http://www.ontario.ca/ontprodconsume...t06_018792.pdf
There are other services that offer title and execution searches.
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Aug 4th, 2009 06:08 AM #13
Wow that is good to know, it's only $60 for title insurance?
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Aug 4th, 2009 11:49 AM #14Newbie
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I REALLY need to find someone in Toronto. Please PM me if you know of someone good/cheap ASAP!
Cheers
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Aug 4th, 2009 12:39 PM #15
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