What are your legal fees and what is included in the fees when one is purchasing a first time home?
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, title insurance fees, etc). Usually we suggest that you budget about $1600 for all the legal fees and disbursements applicable to a purchase. If you are a first time home buyer, you may get a land transfer tax refund, which is the other expense related to buying a home. I say "may" because if you are buying with someone who has owned a home before, then you will get only half of the rebate. If you have any other questions, just ask! Thanks! Joanne