905.358.0782
office @ bcwlawoffice.com

Mortgage Refinancing Fees

MORTGAGE

Acting on client(s) behalf in connection with first mortgage including receiving instructions, attendance at the Registry Office and searching the title, obtaining Tax Certificate, Sheriff’s Certificate, and Surveyor’s Certificate; Preparing of mortgage and attending on the execution and registration thereof, receiving and disbursing funds, certifying title to the mortgage company, to arranging for insurance coverage in the name of the mortgagee and reporting to them and to all other incidental telephone calls and correspondence

Can $ 625.00 ** Additional charges may apply to paying off debts as required by mortgagee.

plus disbursements and applicable taxes.

***This fee is for a no-muss no-fuss type of real estate transaction. If there are extraordinary problems which arise in the transaction, additional fees may be charged in an amount at the regular hourly fee of $250.00. Please consult our office for details.***

Payment Methods:
Cash, Credit Card, Debit Card, Cheque, or Money Order,

 

COSTS:

  • Lawyers fees ($625.00 plus HST and Disbursements including one mortgage);
  • Surveyor’s Costs for Survey (if requested);
  • $50.00 – $100.00+ approx. for search fees and disbursements (the bank requires a thorough search of the property – This can be more in rare cases);
  • $158.00 – $451.00+ for Title Insurance
  • $75.27 to register mortgage;
  • $120 for Planning & Zoning Compliance Letter (NFalls);
  • $60 for Tax Certificate & $40 for tax verbal NFalls:
  • $22.60 for Hydro Compliance letter NFalls;
  • $22.60 for Water Compliance letter NFalls;
  • $12.00-$16.00/name for Sheriff search on vendors and purchasers:
  • $65 for LawPro Insurance levy (waived if obtain Title Insurance);
  • $30-35 for closing fees;
  • Courier Costs ($30/package)
  • $40 for misc. expenses;
  • Applicable HST.

 

  Subscribe To Newsletter
SUBSCRIBE TO NEWSLETTER

Dear visitor. Please feel free to subscribe to our newletters and be informed about latest news, events and updates.

* we hate spam and never share your details.
×