Buying your first home in Ontario is an exciting milestone, but it often involves unfamiliar steps and significant financial obligations. This video outlines what you need to know before finalizing your purchase, from choosing a reliable real estate lawyer to preparing for the costs associated with closing. It also highlights the importance of setting aside adequate funds for expenses like legal fees, land transfer tax, insurance, inspections, and appraisals.
For buyers relying on mortgage financing, early pre-approval is strongly advised to help protect your offer and avoid legal or financial consequences if you’re unable to close. Whether you’re purchasing in Toronto or elsewhere in the province, this video provides the key information you need to make well-informed decisions during the home-buying process in Ontario.
Ontario real estate lawyer Jonathan Dippolito, of Devry Smith Frank LLP and Woitzik Polsinelli LLP, focuses on a range of real estate matters, including pre-construction and newly built properties. Admitted to practice in Ontario and New York, Jonathan draws on his extensive experience to address potential uncertainties and financial implications, providing practical solutions tailored to each client’s situation.
For legal support in pre-construction matters, contact Jonathan Dippolito at jonathan@durhamlawyer.ca or 289-220-3229.