Real Estate

Closing costs, Lawyer Costs.

  • Last Updated:
  • Oct 13th, 2017 3:45 pm
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[OP]
Jr. Member
Feb 3, 2008
159 posts
3 upvotes

Closing costs, Lawyer Costs.

Hi all,

What closing costs do I need to be aware of? I have just purchase a home.
Which of these do I go over with a lawyer? what tasks will a lawyer do? I need to approach one and not sure which services I need.
Lastly, what are some prices your lawyers have charged you?
5 replies
Deal Addict
User avatar
Mar 23, 2008
4450 posts
2089 upvotes
Edmonton
You might want to post a location...

C
Member
Sep 29, 2015
207 posts
35 upvotes
Winnipeg, MB
Did you use a realtor? Ask them for a couple suggestions.

Most real estate lawyers will likely have a sheet showing fee's for the services they will provide, as its all generic. Anything that is optional (Like title insurance) they will explain the options.
Deal Addict
Feb 2, 2014
3963 posts
768 upvotes
Toronto
CNeufeld wrote:
Oct 11th, 2017 4:28 pm
You might want to post a location...

C
^Very important OP.

You buy in Scarborough, you pay 2 land transfer taxes...buy in Pickering and you pay 1.
Kevin Somnauth, CFA
Mortgage Agent and Real Estate Sales Representative
Newbie
Oct 8, 2017
10 posts
3 upvotes
wonka1234 wrote:
Oct 11th, 2017 4:16 pm
Hi all,

What closing costs do I need to be aware of? I have just purchase a home.
Which of these do I go over with a lawyer? what tasks will a lawyer do? I need to approach one and not sure which services I need.
Lastly, what are some prices your lawyers have charged you?
There a lot of great prices for lawyers these days.

Make sure you shop around as some "old timers" still want $1500 but there are others around who charge $700Smiling Face With Open Mouth
Deal Addict
Feb 2, 2014
3963 posts
768 upvotes
Toronto
wonka1234 wrote:
Oct 11th, 2017 4:16 pm
Hi all,

What closing costs do I need to be aware of? I have just purchase a home.
Which of these do I go over with a lawyer? what tasks will a lawyer do? I need to approach one and not sure which services I need.
Lastly, what are some prices your lawyers have charged you?
Also, if you need a rough quote and are in the GTA area, @lawbooth is a real estate lawyer on the forum.
Kevin Somnauth, CFA
Mortgage Agent and Real Estate Sales Representative

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