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These are extra costs that a buyer should be made aware of before legally bound to an agreement/contract.

1. LAND TRANSFER COST — it is a tax imposed on real property typically calculated on the value of the property being registered in a land registration office.

2. LEGAL FEE'S — approximately $2,000

  • Title Search cost
  • Registration of deed
  • Registration of mortgage
  • Execution search
  • Office expenses
  • Tax certificates
  • HST applied if new home
  • Adjustments
    • Taxes
    • Fuel if applicable
    • Condominium fee
    • Water and utilities

Costs will be calculated by lawyer and paid at closing.

DEPOSITS ARE PART OF THE PURCHASE PRICE

  • Other costs
  • Moving expense
  • Appliances if needed
  • Home inspector
  • Home insurance

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Kelly Bailey
Sales Representative

Scott Bailey
Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage
720 Guelph Line,
Burlington, ON L7R 4E2

Areas we cover: Burlington, Hamilton, Waterdown, as well, we can find properties in other surrounding areas, a client maybe interested in; plus areas further out, we can refer RE/MAX agents to assist in your search.

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