Browsing: Closing Costs

When you buy a home, you're not just purchasing the structure and the land beneath it, you're also taking on the legal title to that property.…

Many first-time buyers focus so much on saving for a down payment that closing costs catch them off guard. These extra expenses can add up to…

If your down payment is less than 20% of a home's purchase price, chances are you'll encounter mortgage default insurance. It's a cost that catches many…

Land transfer tax is one of the larger closing costs many homebuyers overlook until it shows up on their final statement of adjustments. The rules, rates,…

Paying off a mortgage or moving it to a new lender feels like a finish line, but there are often a few more steps and costs…

Closing out a mortgage or moving it to a new lender sounds simple enough, but there are administrative costs attached to both processes that catch many…

Paying off a mortgage or moving it to a new lender often comes with fees that catch homeowners off guard. Discharge and transfer costs are small…

When you buy a home in Canada, one of the many documents that lands on your closing package is a title insurance policy. Many buyers sign…

Most Canadian home buyers hear about title insurance from their lawyer or notary a few days before closing, often as a line item they do not…

When you buy a home in Canada, you're not just purchasing the physical structure and land, you're also acquiring legal title to the property. Title insurance…