What will it all cost me?

As a buyer, you want to know how much it will actually cost you to purchase your new home, with many buyers met with unforeseen expenditures on closing day, it is crucial to be informed about some other costs associated with the purchase of your home other than purchase price.

The good news is, the cost of professional representation from a REALTOR is ZERO!

That’s right, our services to you as a Buyer’s Agent costs you nothing, zip, nada!

As Buyer’s agents, our fee comes from the Seller, the commission they pay their listing agent is split with the Buyer’s agent when we bring a qualified Buyer and a sale is made.

Closing Costs:

• Balance of down payment after initial deposit with offer

• Mortgage loan administration and/or appraisal fees

• Points or loan discount fees paid to receive a lower interest rate

• Credit report fees

• Mortgage insurance premiums

• Land transfer tax and title registration fees

Moving Costs:

• Packing supplies

• Movers

• Vehicle rentals

• Ancillary expenses (food, hotels, etc.)

On average, a Canadian home buyer may spend approximately $1,325 on moving costs.3

Settling-In Costs:

• Changing locks

• Cleaning

• Painting, minor renovations, and repairs

• Furniture for additional rooms

• Lawn care and landscaping

On average, a Canadian home buyer may spend approximately $3,550 on general household purchases, $6,575 on furniture and appliances, and $9,525 on renovations.3

• Balance of down payment after initial deposit with offer

• Mortgage loan administration and/or appraisal fees

• Points or loan discount fees paid to receive a lower interest rate

• Credit report fees

• Mortgage insurance premiums

• Land transfer tax and title registration fees

• Title insurance policy premiums

• Survey expense

• Legal fees and related costs (couriers, photocopies, etc.)

• Pro-rated amounts for your share of any prepaid costs, such as utility bills and property taxes

Interested in buying or selling?

Contact Iksan

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