Closing costs are the costs that are presented to you on your home’s closing date. Most people are amazed to learn that there are extra costs that have to be paid and added to the price of the home. In addition to paying a down payment, most homeowners in Canada must pay about 1.5% of the purchase price for closing costs. This is an estimate provided by Genworth Financial and […]
Archive for the ‘Buying Information’ Category
It is not surprising that most people feel that buying a first home is completely overwhelming. That is why we have put together this authoritative guide to lead you through the process. Not only are you facing unfamiliar territory in buying a home you will also be faced with some odd sounding terms that it is important for you to understand. We will explain terms such as stamp duty, help […]
When making an offer to buy a property it’s advisable to first select a real estate agent that can represent you. There are many reasons why hiring a real estate professional makes sense. One of them is they have the current market information and can provide valuable assistance when drafting your offer. A real estate professional will also communicate your Offer to Purchase to the seller (or the seller’s agent) […]