Top 10 Closing Costs When Buying a Home – #1
Number 1 – Land Transfer Tax
When a home changes hands, many provinces and a few municipalities charge a property transfer tax or title transfer fee. Rates are usually on a scale of 0.5% to 2% of the home’s value and can add thousands to your purchase price. First-time homebuyers qualify for rebates or exemptions in some provinces.
BACK TO BLOG FEED
READY TO CALCULATE A RATE THAT WORKS FOR YOU?
CHECK OUT THE LATEST EPISODE OF HOT PROPERTY ON CP24!
LEARN HOW YOU CAN EARN 1% CASH BACK ON YOUR MORTGAGE.
With current mortgage news, interest rates and relevant trends, our monthly newsletter is another helpful step towards living your monster life.
Published on April 12, 2022
The rising inflation today is because of the low interest rates, global supply shortages, conflicts…
Published on January 31, 2022
While many consumers are not mortgage experts, it does not mean all mortgage experts are…
Published on January 26, 2022
Bank of Canada holds on raising interest rates to help slow down surging inflation. The…
Published on January 21, 2022
It appears that after years of declining interest rates, The Federal Reserve in The United…
THE MONSTER DIFFERENCE
With over 25 years experience, a long-running CP24 show and industry awards under our belt, we’re trusted industry experts.
We give you the facts your bank won't tell you about reaching your financial goals.
We’re the smarter choice when you need a mortgage expert to shop the market and provide you with options the banks can’t.
We’re known for our transparency and integrity in everything from our relationships to our advice to our customer service.