Sale of your Home

IF YOU SELLING YOUR HOME:

The process starts once the buyers have removed the conditions, the sale agreement is final   You need the services of a lawyer now to handle the land transfer and the payment of the sale price and payment of your mortgages etc.

Follow the guide below:

Inform your realtor of your desire to use our firm. This will enable your realtor to provide us with the Contract and all pertinent information.

Once we receive the Contract, we will be contacting you to execute the Transfer documents; We will also be requesting the following information from you:

1.  Your Mortgage or your Line of Credit number so that we can get the Pay out information;

2. If this is a Condominium, then the name and contact information for your Condominium Management Company, so that we can acquire the requisite Condominium documents;

3. For Dower purposes, then your marital status (if there is only one person on the title);

4. The Real Property Report (Surveyor Report) and evidenc of Compliance, if you have agreed to provide this to the buyers.

Once you execute the documents, we will forward the same to the Purchasers lawyers.

The Possession Date:

It is very important that you leave the home in a clean state. It should also be in the same state as it was when the purchasers viewed the property.

Once we receive the entire Cash to Close from the Purchasers lawyer, we will authorize your realtor to release the keys. Form the funds, we will proceed to pay out your Mortgage or Line of Credit and any balance of Commissions owed to the Realtor. AFter deducting our legal account, we will issue you a trust cheque for the Sale Proceeds owed to you.