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Buying A New Home? Avoid These Surprises!

January 2, 2013

On tomorrow’s episode of CP24’s ‘Hot Property’, our MonsterMortgage.ca mortgage expert will be covering, among other hot topics, the potential closing costs you might encounter when closing on your home.

Avoid surprises – know your potential costs when closing the deal on your home

Closing your mortgage at the time of purchase typically comes with additional costs. Be sure to ask your mortgage broker and realtor what those costs are so that you are not surprised at closing.

Here is a list of what some of those potential costs might be:

At the offer stage:

At the time of closing:

These tips are especially useful for first-time home buyers. If you’re a first-time home buyer, or a seasoned home owner, you’ll always find new and useful tips by tuning into CP24’s ‘Hot Property’.