Residential Home/Condo Purchase

(MORTGAGE ASSUMPTION OR CASH)

FEE:$795.00 

(NEW MORTGAGE)

FEE:$695.00 

(NOT INCLUDING DISBURSEMENTS AND G.S.T. WHICH ARE DEPENDENT UPON VARIABLES SUCH AS THE PURCHASE PRICE AND THE MORTGAGE AMOUNT. PLEASE CONTACT US FOR AN ESTIMATE OF THE DISBURSEMENTS IN YOUR PARTICULAR TRANSACTION ) 

(THESE TRANSACTIONS MAY INCLUDE  A BANK AND CERTAIN OTHER MORTGAGES)

Anderson Haak & Engels have successfully completed thousands of purchase transactions within their 60 + years of experience. Here are some things that we will do for you:

1. Conduct Land Title searches to determine the status of the Title and if there are any charges registered against the Title. 

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2. Ensure that non-permitted registrations on title are discharged and that the purchasers are not responsible to pay any fees(outstanding property taxes) that the sellers were responsible for.

3. After purchaser obtains a mortgage, complete the mortgage documentation and register the mortgage in order to advance the mortgage funds.

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4. After efficiently completing the transaction, report back to our client, providing copies of all the important documents, and account for all the money that was received and expended on our client's behalf. If there are any excess funds, we will return them to our client. 

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5. If the property that was purchased is a Condominium Unit, make sure that the required Estoppel Certificate and Certificate of Insurance are obtained. 

To see a general overview of a Residential Purchase click here.

FEES DO NOT INCLUDE SOME EXTRA SERVICES. EXAMPLES OF THESE COSTS ARE LISTED BELOW. 

Depending on your particular transaction, it may be that none of the additional services listed will be required.

PREPARING DOCUMENTS AND INSTRUCTIONS FOR OUT-OF-CITY EXECUTION 

$                  100.00

ORDERING REAL PROPERTY REPORT 

$                    50.00

REQUESTING COMPLIANCE CERTIFICATES 

$                    50.00

OBTAINNG ESTOPPEL CERTIFICATE (CONDOMINIUM)

OBTAINNG ESTOPPEL CERTIFICATE (CONDOMINIUM)

$                    50.00

OBTAINING ENCROACHMENT AGREEMENT 

$                  125.00

MORTGAGE DRAWS 

$                  125.00

EACH

REVIEW OF CONDOMINIUM DOCUMENTS 

$                  300.00

REVIEW OF NON-STANDARD CONTRACTS 

$                  150.00

RUSH TRANSACTIONS ( CLOSING WITHIN A WEEK)

$                  100.00

CERTIFICATES OF INDEPENDENT LEGAL 

$                  150.00

ORDERING TITLE INSURANCE 

PREPARING A REAL ESTATE PURCHASE CONTRACT 

$                  100.00

$                  200.00

$                    75.00

ASSIGNMENTS OF RENTS 

Other disbursements could include Title Insurance, Real Property Report, Compliance Certificates, Long Distance Phone Charges, Photocopies, Facsimiles, Software Administration Charges