Tips & Tricks June 20, 2023

Closing Day Costs to Consider

When buying or selling real estate, there are always some costs to take into consideration when closing on a home.

•Real estate lawyer
•Land transfer tax (calculated based on the purchase price of your home)
•Utility hook ups for services in the home
•Home Inspection
•Financing (if you are breaking an existing mortgage, there may be additional costs to consider)

•Moving costs

•Real estate lawyer
•Compensation for real estate agent services

New Build Purchase
•Water meter
•Gas meter
•Tarion home warranty
•Additional services
•HST for investment properties

To get a more in-depth breakdown on closing costs, send us a DM!