Real Estate

Residential

Our primary focus is on residential real estate.  Whether you want to purchase, sell, or refinance your property, we are ready to help you complete the process.

Our fees are as follows:
Purchase with a mortgage or Refinance: $550 + disbursements + GST [$1000 – $1200 standard average]
Purchase with cash or Sale: $425 + disbursements + GST [$700 – $850 standard average; see below]
Draw Mortgage (whether purchase or refinance): $700 + disbursements + GST

Disbursements include registry searches, printing & photocopying costs, fax charges, courier fees, and the Land Titles fees. For sale transactions, disbursements will be higher if you are selling a condominium as we must order specific condominium documents ($150 – $200 higher on average). Higher disbursements may also apply if you are missing a current Real Property Report with Compliance for a house sale. For purchase files, disbursements will be affected mainly by your purchase price, but the location of the property and your lender choice will also affect charges. Should you require more information, please contact our office directly.

Please note that we request a minimum of 5 business days to process your file, and it is recommended that our office has all required paperwork (finalized contract and/or mortgage instructions) at least two weeks before the closing date (possession). While we can work with less than five days’ notice, we will charge a rush fee of $50 to process such transactions.

Please note that for Draw Mortgages (whether you are buying a house and land from a builder or just having a house built on land you already own), disbursements will vary widely. Our range for Draw Mortgages is from $1100 to $1800, although total fees  are generally around $1400. We require an up-front retainer for such transactions. Please contact our office to discuss your transaction, as our procedures will be affected by the nature of your transaction/construction.

 

Commercial & Business Transactions

Our office may also be able to assist you with your business purchase or sale, whether it’s property or assets — or both.  It is important that you speak to one of us at Highfield as the fees vary widely with commercial real estate.

 

What You Need to Know and FAQs




 

 

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