Closing Tips
Closing Tips
Closing Guide for Refinancing Your Mortgage
Refinancing your mortgage with Deeded is a straightforward process. This guide outlines the essential steps, from submitting documents like your current mortgage statement to completing your signing appointment via secure video conferencing. We’ll help you obtain updated home insurance, review mortgage instructions, and ensure everything is in place for a smooth closing. Trust Deeded to make refinancing quick, transparent, and hassle-free.
Closing Tips
Understanding Mortgage Instructions in Canadian Real Estate
Learn about mortgage instructions in Canadian real estate transactions, including what they are, their key components, and why they are essential for a smooth closing. Understand the importance of timely delivery and how delays can impact the process.
Closing Tips
Real Estate Closing Checklist & Expectations
What documents and steps are needed to properly close a real estate transaction? There are three main components: Client intake form, mortgage Instructions, & closing documents
Closing Tips
Online Real Estate Lawyers in Ontario: Simplifying Your Transactions
What is a digital real estate lawyer? Digital real estate lawyers in Ontario are revolutionizing the closing process for buying, selling, and refinancing properties.
Closing Tips
Virtual Real Estate Closings in Canada: A Step-by-Step Guide to a Seamless Process
Learn everything about virtual real estate closings in Canada. Discover how to complete real estate transactions online with ease and transparency
Closing Tips
How Much Does a Real Estate Lawyer Cost in Ontario?
Wondering about real estate lawyer fees in Ontario? Discover typical costs, factors that impact pricing, and why hiring a reputable lawyer is essential for property transactions in Ontario.
Closing Tips
Your Airbnb Property Might Cost You More Than You Think: The Hidden 13% Tax
Discover how a recent Tax Court of Canada ruling could mean paying an additional 13% HST when selling your Airbnb property. Learn about the tax implications of short-term rentals and how to protect yourself.
Closing Tips
Understanding Mortgage Refinance, Renewal, and Switch: A Complete Guide for Canadians
Are you approaching the end of your mortgage term? Or perhaps you're wondering if you could get a better deal on your current mortgage? Understanding your options can save you thousands.
Closing Tips
What Happens If You Can't Close
Being unable to close on a home purchase in Canada can have serious financial and legal consequences. It's a situation that can impact your finances, credit, and ability to buy a home in the future.
Closing Tips
Simplifying the Mortgage Process: A Broker's Guide to Client Satisfaction and Referrals
Simplifying the mortgage process through digital documentation, clear communication, and leveraging experienced professionals can significantly enhance client satisfaction and drive referrals. By using tools like mortgage calculators, educational resources, and client portals, mortgage brokers can provide a seamless and stress-free experience that builds long-term client relationships.
Closing Tips
Buying an Alberta Property? Your Closing Costs Are Going Up
Alberta closing costs are going to increase in 2025 with the introduction of a Land Titles Registration Fee levy. We've got the details and what it means for you.
Closing Tips
What is a mortgage closing?
Mortgage closing marks the final stage in securing financing for a property purchase, refinance, title (ownership) change, or a lender switch.
Closing Tips
Navigating New Home Delays in Canada
Dealing with new home delays in Canada requires a combination of proactive measures, patience, and flexibility
Closing Tips
A Homebuyer's Guide to Ontario's Changing Real Estate Practices
The way you buy or sell real estate in ontario is changing with TRESA phase 2 coming into as of December 1, 2023. We summarize what these changes will mean to consumers.
Closing Tips
Changes to the Toronto Municipal Land Transfer Tax (MLTT)
The Toronto Municipal Land Transfer Tax is facing increases on luxury properties, starting in 2024.
Closing Tips
Closing a private mortgage? Here's why two lawyers are needed.
The closing process for private mortgages looks different than a traditional mortgage
Closing Tips
What Happens if I Miss a Mortgage Payment?
Consequences of missed mortgage payments: penalties, credit score impact, and risk of foreclosure.
Closing Tips
I'm Buying A Tenanted Property. What Do I Need to Know?
Summary: Dealing with tenants who refuse to move out during a property sale in Ontario.
Closing Tips
Closing a reverse mortgage? Here's what you need to know
Reverse mortgages allow Canadian homeowners aged 55+ to access home equity without making regular mortgage payments.
Closing Tips
How to Choose a Real Estate Lawyer
Selecting a real estate lawyer is crucial for a successful transaction; consider expertise, reputation, availability, and cost.
Closing Tips
The Game Changer: Virtual Signing
Virtual signing transforms real estate closings, offering efficiency, security, and accessibility for all parties involved.
Closing Tips
Understanding Tarion Warranty: A Comprehensive Guide for Home Buyers
Tarion Warranty provides coverage and protection for new homebuyers in Ontario, Canada.
Closing Tips
Got a special assessment on your condo? Here's what you need to know
Condo owners must be prepared for special assessments to cover unexpected expenses and repairs.
Closing Tips
What you need to know before buying a condo, co-op, or strata
Legal considerations for buying or selling condos, co-ops, and strata properties in Canada.
Closing Tips
What is a home appraisal and why are they needed
Home appraisals determine property value for lenders, impacting borrowing potential and purchase price negotiations.
Closing Tips
Guide to Closing on Your First Home in Canada: Tips for First-Time Homebuyers
Essential steps for first-time homebuyers in Canada, from financing to closing the deal.
Closing Tips
What happens when a pre-construction condo project gets cancelled?
Summary: This blog post discusses the implications of a pre-construction condo cancellation in Ontario and the available options for homebuyers.
Closing Tips
What happens at a real estate closing?
Real estate closing process involves multiple parties and documents, leading to a successful property transfer.
Closing Tips
Buying in the City of Toronto? Budget for your Land Transfer Taxes (LTT)
Summary: The City of Toronto Land Transfer Tax is a percentage-based tax on property purchases in Toronto.
Closing Tips
The mortgage broker's guide to a smooth closing
Importance of a smooth closing in real estate transactions for mortgage brokers and clients.
Closing Tips
When to schedule your final property visit and what to look for prior to closing
Importance of Property Visits Before Closing: Inspecting, Identifying Issues, and Resolving Prior to Ownership.
Closing Tips
What is a holdback in real estate and when is it used
Holdbacks in real estate transactions protect buyers by withholding money until conditions are met.
Closing Tips
Toronto's vacant home tax. What if I miss the declaration deadline?
Toronto is implementing a vacant home tax to discourage unoccupied properties, with penalties for non-compliance.
Closing Tips
Issues from your home inspection? Here's what you can do
Dealing with home inspection issues: understanding, remedies, negotiation, and walking away if necessary.
Closing Tips
How to budget for your Real Estate closing costs
Demystifying real estate closing costs: understanding fees and expenses when purchasing a property.
Closing Tips
The top pitfalls when buying a home
Common pitfalls of buying a home and how to avoid them.
Closing Tips
Tips for hiring a real estate lawyer
Importance of hiring the right real estate lawyer for a smooth and successful home-buying process.
Closing Tips
What is a statement of adjustments and how to read one
Understanding the Statement of Adjustments in Real Estate Transactions: Key Components and Importance
Closing Tips
Issues with your home? Can the sellers be held responsible?
Understanding latent and patent defects in property purchases and how to protect yourself.
Closing Tips
The Seller Took the Appliances - What Do I Do Now?
Understanding the ownership of appliances in a home purchase agreement.
Closing Tips
Do you need a Real Estate Lawyer to Refinance your Mortgage?
Choosing a real estate lawyer for mortgage refinancing offers faster turnaround and legal advice.
Closing Tips
Should you sell your home privately?
Pros and cons of selling your home privately without a realtor and buyer's agent.
Closing Tips
Switching mortgage lenders: What you need to know.
Switching mortgage lenders comes with costs, but can be done when your term is up for renewal.
Closing Tips
Closing in a shifting market
Options for homebuyers in the Canadian real estate market to navigate closing in a shifting market.
Closing Tips
Statements for Payouts - Why are you being asked for them and what you need to know.
Summary: This blog post explains the importance of providing up-to-date statements for payouts during mortgage refinancing.
Closing Tips
Five tips for a quick closing to your mortgage refinance
Tips for a seamless mortgage refinance closing: valid ID, updated debt statements, lawyer's information, off-peak scheduling, virtual closing.
Closing Tips
What exactly is broom swept condition?
The blog post discusses the importance of leaving a property in broom-swept condition when selling or buying a home.
Closing Tips
What is a trust agreement in Real Estate?
Understanding the Difference Between Legal and Beneficial Owners in Property Ownership
Closing Tips
Closing costs for refinancing your mortgage
Closing costs for refinancing a mortgage can vary and may require independent legal advice.
Closing Tips
Does Alberta have a land transfer tax?
Alberta does not have a land transfer tax, making it an attractive place to buy property.
Closing Tips
My seller won't close. Now What?
Seller's remorse can lead to a breach of contract, making the seller liable for damages.
Closing Tips
What is a mutual release?
A mutual release is a document used to cancel a real estate agreement between buyers and sellers.
Closing Tips
3 Questions You Need to Ask Your Alberta Real Estate Lawyer
Choosing the right Alberta Real Estate lawyer for a smooth and predictable house transaction.
Closing Tips
What's The ideal Day To Close your Real Estate Transaction?
Choosing the right closing date for a real estate transaction can avoid potential issues and delays.
Closing Tips
Most Common First Time Closing Mistake
Tips for first-time home buyers: Budget for closing costs and understand the expenses involved.
Closing Tips
Land Transfer Tax. What Is It and How To Budget For It.
First-time home buyers should budget for the land transfer tax when purchasing a property.
Closing Tips
How Can I Protect My Home With a Will?
Importance of having a will for homeowners to protect their property after death.
Closing Tips
Status Certificate. What is it and Why Should You Care.
A status certificate provides important information about a condo property for potential buyers.
Closing Tips
Insurance: Everything You Need To Know When Closing
Insurance products to consider when closing on a home or refinancing a mortgage.
Closing Tips
Why Skipping The Home Inspection Can Be a Bad Idea
Importance of Home Inspections in Real Estate Offers: Don't Skip this Crucial Step
Closing Tips
Interim Occupancy - What is it and What You Need To Know
The blog post discusses the interim occupancy period when buying a pre-construction condo.
Closing Tips
Title Search - What is it and Why Do You Need It.
Title search is a crucial step before purchasing a property to ensure legal rights and no encumbrances.
Closing Tips
How to Scan Documents With a Cell Phone Like a Pro
Scan documents with your phone using these tips for better results.
Closing Tips
COVID-19 and Residential Real Estate Closings
COVID-19 may cause challenges for residential real estate closings, but transactions are still obligated to close.
Closing Tips
Realtors: Real Estate Transactions Amidst COVID-19
COVID-19 may impact real estate transactions, but contingency plans can minimize disruption.
Closing Tips
Five most common title transfer issues
Common issues in property title transfers: liens, boundary disputes, illegal deeds, encumbrances, and public record errors. Protect with title insurance.
Closing Tips
Understanding the Statement of Adjustments and Trust Ledger
Understanding the Statement of Adjustments and Trust Ledger in real estate transactions is crucial for buyers and sellers.
Closing Tips
Behind the scenes: What happens on closing day
The blog post discusses the process and considerations for closing a real estate transaction.
Closing Tips
Deeded automates onboarding to dramatically speed up closings
Deeded aims to streamline and automate the closing process for real estate transactions.
Closing Tips
7 Questions to Ask a Real Estate Lawyer When Buying
Questions to ask a real estate lawyer before hiring them for your transaction.
Closing Tips
My Buyer Won't Close. Now What Do I Do?
Seller's rights when a buyer refuses to close, including compensation for damages and deposit considerations.
Closing Tips
The Top Real Estate Closing Costs to Consider in Alberta
Real estate closing costs in Alberta include legal fees, adjustment fees, land titles fees, and more.
Closing Tips
I Received the Previous Owner’s Bill. What Should I Do?
Dealing with previous owner's bills: contact lawyer, consider title insurance, and adjust property taxes.
Closing Tips
Independent Legal Advice (ILA) and when you may need it.
The blog post discusses the importance of obtaining independent legal advice in real estate transactions.
Closing Tips
Should I Be Drafting My Own Agreement of Purchase and Sale?
The blog post discusses the risks of drafting a real estate agreement without professional assistance.
Closing Tips
Conditions On An Offer: Why They Matter
Conditions on an offer to purchase mitigate risks in home buying process.
Closing Tips
Closing On a Friday
Choosing the right closing date for a real estate transaction can prevent challenges and extra costs.
Closing Tips
Real Estate Legal Documents - What You'll Need to Sign at Closing
Summary: This blog post explains the important real estate legal documents involved in a transaction.
Closing Tips
Mortgage Refinancing - What is it and What's The Process?
Mortgage refinancing replaces an existing loan with new terms, offering benefits like lower rates and debt consolidation.
Closing Tips
Title Insurance. What is it and Why You Need It.
Title insurance provides protection for property owners against potential issues with their property's title.
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