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Avoid the “Ouch” of Closing Costs

Avoid the “Ouch” of Closing Costs

Even seasoned home buyers can make the mistake of underestimating, or even forgetting about, closing costs. These are fees and other expenses associated with the transaction that becomes due on or before closing (possession) day.

Closing costs vary from one jurisdiction to another and can include:

1. Home Inspection cost
2. Property tax adjustments,
3. Legal fees and disbursements,
4. Utilities hook-up,
5. Lender’s fees (CMHC fee),
6. Land transfer taxes
and possibly more…

As your REALTOR®, we will help you estimate the closing costs for the kind of property you plan to purchase, so you can budget accordingly.

Please don’t hesitate to call or email us with any questions.

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