Buying process:

1) Pre-qualify your mortgage.WomenfrontofcomputerREV.jpg

There is nothing more disappointing than spending days, weeks, or months searching for the perfect home, and having to let it go due to a financial incapability.

2) Do your homework.

Know what price range you can afford, and understand the current market conditions.

Costs:

  1. Property Purchase Tax - 1% on the first $200,000. of the purchase price, and 2% on the balance. First time buyers are exempt, although there are certain criteria that must be met.
  2. Home inspection costs.
  3. Notary / lawyer costs.
  4. Moving and connection charges for phones, cable, etc.
  5. Property Taxes

Most of these costs are standard, but the excitement of purchasing a new home can render buyers with expenses that they have not allotted for. We want the purchase of your new home to be a pleasant journey, not a financial disappointment.