Buying a home is probably the biggest investment you will ever make in your life.
Vous devez prévoir les frais d’acquisitions suivants :
Down payment 5% to 25% of the purchase price (depending on the type of property)
The tax on the SCHL insurance premium *, (if you have less than 20% down payment)
Inspection carried out by a licensed professional highly recommended (sometimes required by the lender or insurer)
The notary, +/- $ 1000 and more depending on the file (part of the cost sometimes assumed by the lender)
Property appraisal, +/- $ 350 (often assumed by the lender)
Transfer taxes (Welcome tax), from ½% to 1.5% of the highest amount between the purchase price and the municipal assessment ex: purchase of $ 150,000 = $ 1,250
Municipal and school tax adjustments due to sellers (amount calculated by the notary)
Water potability test (if artesian well), +/- $ 75
Ask me ! I can do the calculations associated with your project.