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Old 08-10-2006, 06:39 PM   #1
Stormchaser
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Default lawyers fees to buy a house...how much???

I'm wondering how much it cost on average to change the title on a home. If I remember correctly, the person who buys my house has to pay for the change in title.....right? I would just like to know how much to budget for. If anyone has any experience to share that would be great. Thanks
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Old 08-10-2006, 06:53 PM   #2
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$700-1200 or so is what I've seen in the past, depending on the lawyer.
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Old 08-10-2006, 07:07 PM   #3
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I paid $500 for mine one year ago but I would imagine they have gone up significantly since then.
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Old 08-10-2006, 09:23 PM   #4
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When I bought some land 6 months ago I paid $350 plus tax, title ($100) and dispersment fees, for the lawyer to handle the purchase. Might be higher for a house?
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Old 08-10-2006, 11:21 PM   #5
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I paid a little over $500.
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Old 08-10-2006, 11:33 PM   #6
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Wow, am I thinking of selling houses? Or I'm just overpaying...
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Old 08-10-2006, 11:35 PM   #7
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Don't forget, if you're selling your place you still have to pay fees for that too, not just on the purchase of the new place. Add it all in and I think it totals a ball park of $800 for both transactions.
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Old 08-10-2006, 11:40 PM   #8
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$800 its costly me. getting it done from the family lawyer
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Old 08-11-2006, 07:14 AM   #9
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A year and a half ago I paid $600 to buy my house.
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Old 08-11-2006, 08:42 AM   #10
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Quote:
Originally Posted by stormchaser
I'm wondering how much it cost on average to change the title on a home. If I remember correctly, the person who buys my house has to pay for the change in title.....right? I would just like to know how much to budget for. If anyone has any experience to share that would be great. Thanks
Send me a private message for a quote. (calgarypuckers are entitled to my double secret discount, and get a chance to be our guest at an upcoming Flames game).
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Old 08-11-2006, 08:45 AM   #11
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Amazing that the guys who actually do the transaction to sell the house, who bring together the banks, mortgage, title, insurance, taxes and cut the cheques only make about $1000-$1500 collectively on both sides of the deal, while the realtors take home usually at least $15,000.
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Old 08-11-2006, 08:47 AM   #12
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Quote:
Originally Posted by trew
Amazing that the guys who actually do the transaction to sell the house, who bring together the banks, mortgage, title, insurance, taxes and cut the cheques only make about $1000-$1500 collectively on both sides of the deal, while the realtors take home usually at least $15,000.
No comment.
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Old 08-11-2006, 09:10 AM   #13
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I bought a condo a month ago and the lawyer's fees were about $750.
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Old 08-11-2006, 11:04 AM   #14
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Didn't cost us a penny.
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Old 08-11-2006, 12:39 PM   #15
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Didn't cost us a penny.
Sometimes builders include free legal fees as an incentive.
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Old 08-11-2006, 12:53 PM   #16
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Quote:
Originally Posted by troutman
Send me a private message for a quote. (calgarypuckers are entitled to my double secret discount, and get a chance to be our guest at an upcoming Flames game).
Dammit...wish I would have known this 2 weeks ago.

Going to the law office today to sign off on everything.
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Old 08-11-2006, 12:56 PM   #17
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Quote:
Originally Posted by troutman
Sometimes builders include free legal fees as an incentive.
My fiancee works at a law firm so they cover all the fees for their employees real estate transactions.
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Old 08-11-2006, 01:20 PM   #18
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Thanks for the info guys.
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Old 08-11-2006, 01:39 PM   #19
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Quote:
Originally Posted by trew
Amazing that the guys who actually do the transaction to sell the house, who bring together the banks, mortgage, title, insurance, taxes and cut the cheques only make about $1000-$1500 collectively on both sides of the deal, while the realtors take home usually at least $15,000.
So what you are saying is that the realtor doesn't do any work to deserve his/her money? He doesn't take time to meet with his/her clients and show them house after house after house whilst working sometimes 7 days per week and 12+ hours per day?
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Old 08-11-2006, 01:43 PM   #20
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I think my mortgage broker covered my lawyer's fees. I know I didn't pay anything, they waived something like $450 in fees.
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