 |
 |
 |
 |
This email address is being protected from spambots. You need JavaScript enabled to view it. |  |
 |
|||||
Purchasing a home involves one-time costs and monthly expenses. The largest one-time cost is the down payment. It usually represents between 5-20% of the total price of the property.
Down Payment:
5% or more.
In some cases a 10% down payment is required depending on the Buyers employment, income and credit history.
|
Processing a Mortgage → |
Apprasial & Application Fee $235.00 approx. For lender purposes & CMHC insurance. |
|
Mortgages Life Insurance → |
Optional |
|
Pre-Approved for a mortgage → |
Get approved by a Mortgage Broker, Lender (Bank) or Trust Company. |
| Buyer Incentives → |
Land Transfer Tax Rebate - for first time home buyers. Down Payment: 5% down for Buyers. RRSP Monies: Can be used for Down Payment, up to $20,000 for each individual involved in the purchase. |
|
Home Inspection → |
$ 400.00-500.00 (approx). Highly recommended for both resale and new construction. |
|
Legal Fees Disbursements → |
|
|
Statement of Adjustments → Given to the Buyer upon Closing |
This is a summary of all costs and expenses paid by the Buyer(s) and will be provided to the Buyer(s) upon closing. |
|
Land Transfer Tax → |
Paid on the final date of closing to the Treasurer of Ontario. Calculated using final Purchase Price of home. Rebate on payment of Land Transfer Tax up to $2000.00 is available to First Time Buyers, ONLY when purchasing a newly constructed home. |
|
Survey → |
NOTE: A survey is not transferable and belongs to the individual who paid for the survey. You cannot rely on the accuracy of the information unless you ordered and paid for the survey. Copies of survey’s received from Sellers, can only be used for re-finance purposes.
|
| Title Insurance → |
$300 (approx). If there is no Survey, title insurance will satisfy the Lender and you will not have to incur the cost of a new survey. Title insurance is a must on all Real Property Purchases. |
All fees, costs & disbursements quoted are approximate. Actual fees, costs & disbursements could be more or less and should be obtained directly from the Lawyer.
Crystal Kluke - Sales Representative
613.592.6400 Office (Primary #)
613.592.4945 (fax) | 1.888.757.7155
484 Hazeldean Road
Kanata, ON | K2L 1V4
This email address is being protected from spambots. You need JavaScript enabled to view it.
I just wanted to tell you that we are so very grateful to have had you as our agent to assist us through our many battles we went through selling our home.
You were there for each and every issue/concern we had and you were ALWAYS more than willing to give us a helping hand and provide us with guidance that we needed on numerous occasions.
