If you are buying a home, you should
prepare the following items before you contact our office:
1. Provide your real-estate agent with our
Firm name, phone and fax numbers and provide us with the signed (by all
parties) Agreement of Purchase and Sale.
We will not begin work on any file until this document is received. Once we
receive this document we will provide to you by mail our Information and
Retainer Sheet.
2. Provide your bank or lender with our Firm
name, phone and fax numbers, so that they can provide us with all necessary
mortgage documentation. Ensure that fire insurance is placed on the property
prior to closing, and have your insurance broker provide us with an insurance
binder prior to closing. If you sign and complete our Information and Retainer
Sheet we will have your contact person at the banks name and home insurance.
3. Your contact information
4. Names and dates of birth - we will need
the name and date of birth of each person that is to appear on your title to
the property. Please confirm that you have Photo ID in these names.
5. Confirm your spousal status (e.g.
single, married, common-law spouses, divorced, separated, etc.)
6. If you are purchasing a property with
another person, inform us which of the following you prefer:
Joint tenants: if one purchaser dies, the
property will automatically transfer to the other
Tenants in common: each purchaser owns a
percentage interest in the property. When one purchaser dies, that person's
share of the property goes to his/her heirs, and falls under the directions of
a will.
7. Let us know if you (and/or your
purchasing partner) is a first-time home buyer. If so, you may qualify for a
land transfer tax rebate.
8. If you are purchasing a new home (i.e.
from the builder), provide us with a copy of the Ontario New Home Warranty
Inspection Certificate prior to closing.
9. If you are purchasing a rental property,
provide us with the forwarding address.
10. For your final (closing) appointment,
you will need to bring in a certified cheque or bank draft payable to
"Haber & Associates, In Trust ". We will provide you with the
exact amount of the payment. You will also have to produce two pieces of
identification, one being photo ID. (OHIP CARD is not acceptable)
by Ryan Carson