First-Time Homebuyer Series: Thing to Consider! Ontario’s Land Transfer Tax

Purchasing a home is always a meaningful and significant experience for first-time homebuyers, but sometimes the excitement that surrounds a homebuyer’s transaction clouds the realities of some of the unexpected costs associated with purchasing a residential property for the first time. One of these unexpected costs is the dreaded Land Transfer Tax (“LLT”). LTT is …

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Just Know What You’re Getting Into: Tips for First-time Homebuyers

(and no, Land Transfer Tax is not a scam) While a typical right-of-passage of adulthood has traditionally included the first purchase of a home, skyrocketing prices, lack of inventory, bidding wars and income insecurity have made this milestone incredibly challenging for today’s first-time home-buying demographic – arguably more now than any time in the past …

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Food & Real Estate

Make sure you know what you’re ordering In my unique role, I interact often with prospective clients who are trying to decide on a law firm for their upcoming real estate transaction. Many are first-time homebuyers. Almost all have questions: ‘Who’s the best lawyer?’, ‘What’s a good price?’, ‘Is Land Transfer Tax a scam?’, ‘How …

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* This blog posting contains general comments only and should not be considered specific legal advice. Readers of this blog do not establish any solicitor-client relationship. The comments and opinions expressed in this Blog represent the comments and opinions of the writer alone and may not represent the comments and opinions of Refcio & Associates as a collective law Firm. Individuals are encouraged to speak to a lawyer for specific advice and opinion regarding their particular set of circumstances. Refcio & Associates is pleased to provide a free initial consultation to those individuals seeking to retain legal counsel.