What costs are associated with purchasing a home?
When you buy a home, you will be asked for a down payment, usually between 5 and 25% of the total price of the property. You might also have a number of other fees and expenses to pay.What costs are associated with purchasing a home?
Some of the most common expenses are listed below. These expenses may vary, depending on your area:
|Mortgage application and appraisal fee||At time of application|
|House inspection (optional)||At time of application|
|Deed and/or mortgage registration||Closing|
|Property survey (sometimes provided by the seller)||Closing|
|Land Transfer Taxes by province||Closing|
|Property tax adjustments||Closing|
For additional information on these costs, contact us.