Purchase Expenses
In addition to the actual purchase price of your home, there are a number of other expenses to be paid. Nancy will help you determine which of the following will apply to your home:
Mortgage Application Fee - At time of application
Deposit - At time of Offer
Status Certificate $100 (condominium purchase only) - At
time of accepted conditional offer
Property Inspection ($325 approx.) - At inspection
Down Payment - Closing
Legal Fees ($700 approx.) - Closing
Legal Disbursements - Closing
Property Survey/Title Insurance ($400 approx.) - Closing
Land Transfer Tax (base on purchase price) - Closing
Mortgage Interest Adjustment - Closing
Adjustments: Heating (fuel), Taxes, etc. - Closing
Home & Content Insurance - Closing
Mortgage Insurance - Closing
Home & Garden Implements
Other Expenses
Note: Above expenses are approximate and will vary depending on the transaction.