What does a seller’s lawyer do?

Did you just sell your Brampton house? Are you wondering what your lawyer will be doing for you and how much the charges will be? For sellers the cost is usually between $600 – $700 (give or take).

Here’s what your lawyer will do to assist you in making the sale of your home hassle-free:

• Do a complete review of the purchase agreement.
• Provide answers to the purchaser’s lawyer regarding title.
• Prepare transfer of title documents.
• Review any mortgage transactions.
• Close the transaction.
• Pay the appropriate commissions.
• Pay any outstanding claims against your property.
• Pay off your mortgage (if necessary).
• Forward the balance of the money from the sale to you.
• Provide a complete statement reporting all transaction.

The market is slowing down. Brampton and Georgetown will no doubt be hit hard as well. Consider yourself lucky if your house has already sold.

For more information on the Brampton or Georgetown real estate market drop me an email.