jadz

I realize now that I haven’t really posted much about the new House which was purchased earlier this year. The property, located at 5 Lawnwood Ave., which is located in Armdale.

We had made an offer which was not accepted. The seller then made a counter-offer on January 8th 2008 (while I was in England on work) which I did accept and ended up taking possession on January 31st 2008.

It was a learning experience dealing with areas not often ventured in, such as Mortgage Negotiation, Real Estate Lawyers and Surveyors. I was most suprized by the lawyer fee’s which seemed high for standard paper processing without any real risk by the laywer (now that Nova Scotia has implemented Electronic Land Registration) . For a house that has already been registered electronically the Lawyer does the following things (and documents them):

1. Title search – (Electronic? This is done by looking up the property on Nova Scotia’s electronic Land Registry which guarantees the title of the migrated property?)
2. Creation of Certificate of Title
3. Preparation of adjustment costs – (Oil Tank / Taxes)
4. Closing day finance transfers and registration of documents.

Sub-division of House

The House as it was Purchased

Because of my interest in understanding how things work I had decided that a fix-er-uper was the way to go. In a relatively hot real-estate market in Halifax there aren’t that many houses that need work done in the city. When this property came along I was excited. It is close to many things in the city including Chocolate Lake and a city Recreation Centre. It has a lovely large back yard and faces onto a piece of land that the city purchased when they re-routed Herring Cove Rd.

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3. Merry Christmas Everyone!
4. CIRA – might be interesting if I can remember.
5. House Fire