Found 1 blog entry tagged as home purchase.

 

The total cost of buying a house goes beyond just its price.  Your Real Estate Agent or Lawyer will be able to tell you exactly how much you’ll have to pay.

LAND TRANSFER TAX | .5-2% of value
When a home changes hands, many provinces and a few municipalities, charge a property transfer tax, or title transfer fee.  It can add thousands to your purchase price. (First time home buyers qualify for rebates or exemptions in some provinces)

APPRAISAL FEE | around $500
Your lender may ask you to have a home appraised to confirm its market value.  Fees vary depending on a property’s value and complexity.

LEGAL FEES | $500-$800
A lawyer or notary will help protect your interest by reviewing your purchase agreement, searching the property titles, and…

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