For Valued Customers... Closing Expenses My goal is to save you valuable dollars and to provide you with valued service for life.
Lawyer's Fee
Basic Fee - $600
Preparing the Mortgage
Basic Fee - $150
Disbursements
$450 - $600
Survey
$700 - $800
Title Insurance
Approx. $250 (Can replace cost of a survey)
Land Transfer Fee
See Land Transfer Tax Calculation Table
Down payment: 10% to 24%
High Ratio (CMHC Government) insurance fee not more than 2.5%
Down payment: 5% to 9%
High Ratio (CMHC Government) insurance fee not more than 3.75% (open to everyone to buy)
Down payment: 25%
Conventional mortgage subject to location: some banks want CMHC insurance due to location minimum fee
I can suggest lawyers who will offer you preferred rates and give you peace of mind.
My mortgage specialist will get you the best rates and terms available to give you peace of mind. Prequalifying for a mortgage before I help you buy a home, will save time and let you determine the level of home you can afford.
My insurance specialist will get you an economical home package and will insure that your investment is protected.
My moving specialist will get you quality movers at low rates and will take great care in transporting your most prized possessions.
*Subject to Disbursements. Ask for preferred rates for selling with Al's in-house lawyer.
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