What is process of closing for a seller

Listing for my condo is now "sold", but the closing date is a month from now. I don't know if the buyer is going with mortgage or cash....do I ask the agent or lawyer? If buyer is going with mortgage, do I get the cheque from bank on closing day? Or how does it work? I don't have a mortgage to payout since I bought years ago.

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u/CustomerBubbly4638 — 1 day ago

How to save on capital gain tax

What are some ways to save tax on capital gain from condo real estate sale? I also will be receiving dividends not from real estate. I have RRSP maxed out and there was no mortgage payout. Lived in the condo as primary residence for 10 years and rented 6 years I believe.

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u/CustomerBubbly4638 — 3 days ago

How to switch to another lawyer

I sent a lawyer the APS and to inquire about service fee. The lawyer got back to me about fees, but is very slow with replying my other questions. Its been almost 24 hrs since my last email. Can I switch to another lawyer even though I gave her the APS? Surprisingly she didn't ask for retainer deposit yet and I didn't give her though.

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u/CustomerBubbly4638 — 5 days ago

Why so many showings but no offers

I'm trying to sell my condo that is at intersection of college st and bay st. Freshly painted and cleaned. It is 1 bed and 1 den with parking. Listed at low 500s.

My agent said there are a lot of interests (showings booked almost everyday), but there are still no offers.

Not sure what people liked, disliked. I know for sure one of the room's flooring is bit scratched.

If keep for now, when is it possible for market to go up again?

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u/CustomerBubbly4638 — 10 days ago

Iluminai app...for fintrac purpose?

Last month, we already gave our realtor our IDs before we started looking at homes. Then yesterday, we signed papers with lawyer, and the lawyer also verified us using Treefort app. Now a day later, our realtor wants us to fill out iluminai app for fintrac purpose. Why is the realtor asking so much again??? He already had our IDs and even lawyer verified us.

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u/CustomerBubbly4638 — 28 days ago

We will be purchasing a 2023 used car at dealership. What documents do we request? Do they give a safety certificate too? What else we need to do at Service Ontario? Any questions important to ask?

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u/CustomerBubbly4638 — 1 month ago