Agent Blogs

First  Prev   1  2   3   Next  Last
Jun 8

What is included in an Inspection?

Expert Question posted by Peter Frueh  ::  Views (7895)
Mike: A home inspection is a visual examination of the structure and function of the home and major appliances. The time taken depends on the size of the home. We encourage you to attend, and we show you any problems or issues and discuss maintenance items. If you... [ more ]
May 11

Why is HST added to a condo status certificate when the Act says that the fee includes all applicable taxes?

Expert Question posted by Joanne McPhail  ::  Views (10336)
Actually, you are correct, in that Ont. Reg 48/01 does stipulate in section 18(2) that a status certificate cost shall not exceed $100.00, inclusive of all applicable taxes.  However, in my experience, most condo corps have been charging $100 plus GST. ... [ more ]
Mar 29

HST and Resale Real Estate

Blog posted by Joanne McPhail  ::  Views (21910)  ::  (4 comments)
Many potential home buyers and sellers have been worried about the implications of the HST which kicks in as of July 1, 2010. In fact, no HST will be applicable on the purchase price of a resale home. Some ancillary services, however, will be subject to the new tax.... [ more ]
Mar 27

What are your legal fees and what is included in the fees when one is purchasing a first time home?

Expert Question posted by Joanne McPhail  ::  Views (9978)
Thanks for asking!  Our fee for a purchase with one mortgage  is $900.00 plus GST.  Then there are "disbursements" on top of that - these are out-of-pocket expenses incurred by us in order to complete your purchase (like registration fees,... [ more ]
Feb 16

I have been advised to make my offer conditional upon the approval of my lawyer. Is this necessary? If so, what is the fee for this service and how long would it take for you to approve/disapprove from the time I submit it into your office?

Expert Question posted by Joanne McPhail  ::  Views (9891)
Sorry this has taken me so long - I was away on vacation last week!  You may have already proceeded, but yes, it is typical to make an offer conditional upon solicitor's approval - I can usually review and comment on an offer within 1 business day but it's nice... [ more ]
Dec 20

Should I have my lawyer review my offer before accepting? If so, why would it be a good idea? Is there an extra cost for this service? I have heard that it is a wise idea. Thank you.

Expert Question posted by Joanne McPhail  ::  Views (9726)
Hi! It is a good idea to have your lawyer review your offer. There is usually not an additional cost to this, if you are using the lawyer for the transaction, unless he/she is required to get involved with negotiations or major changes to the Agreement. Usually,... [ more ]
First  Prev   1  2   3   Next  Last
DISCLAIMER: While we do our best to ensure the accuracy and integrity of information on our website, the opinions and advice published here are provided by outside individuals, and in no way reflect the opinions or legal position of the company, and are not intended to replace sound professional or legal advice. The company, website owners, developers, sellers or resellers will in no way be held accountable or liable for advice or opinions published here by outside parties (experts or consumers).