Posted in Real Estate Law

Closing Costs Breakdown for Ontario Real Estate Transactions

Posted by McMurter & Associates on 23 April 2025
Buying your first home is a major milestone — and while saving for your down payment is likely top of mind, it’s important to plan for additional expenses known as closing costs. These costs can add up quickly and often catch first-time buyers off guard, but being prepared can help ...
Posted in:First Time Home BuyersPurchasing A HomeReal Estate Law  

Pitfalls to Avoid in Joint Property Ownership

Posted by allisonmcmurter on 3 November 2024
Owning real estate with an investment partner is a popular choice among real estate investors, but this strategy comes with its own set of challenges. While there are many advantages to sharing ownership of properties with a partner, clear communication in agreements is the true key to success.
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Posted in:For Real Estate AgentsPurchasing A HomeReal Estate AgentReal Estate AgentsReal Estate Law  

Ontario Land Transfer Tax: How Much Do You Have To Pay?

Posted by allisonmcmurter on 22 October 2024
When purchasing property in Ontario, buyers need to be aware of the land transfer tax, a significant cost that can add thousands to your purchase price.What is land transfer tax?In Ontario, the land transfer tax is a fee you pay to the provincial government when you acquire real estate. It’s ca...
Posted in:First Time Home BuyersPurchasing A HomeReal Estate Law  

What’s trending: Power of Sale properties are popping up.

Posted by Allison McMurter-Hughes on 22 August 2024
Every sector in the Canadian economy has been impacted by the rise in interest rates, but few quite as drastically as the real estate market.The dramatic rise in the prime interest rate is having a devastating impact on household budgets, and as a result we are seeing more and more power of sales...
Posted in:For Real Estate AgentsReal Estate AgentReal Estate LawSelling  

What is a chattel and what is a fixture in a home sale?

Posted by Allison McMurter-Hughes on 27 May 2024
Picture this: A client selling their home has removed workbenches from their garage to get ready for their big move. When the buyers did their final walk-through one month before their closing date, they noticed that the workbenches they originally saw when they purchased the house had been remov...
Posted in:Real Estate Law  
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McMurter & Associates is located in Whitby, Ontario, and serves the communities of Oshawa, Ajax, Pickering, Clarington, Newcastle, Bowmanville, Courtice, Whitchurch-Stouffville and municipalities throughout Durham Region.