THE AD MARKETING GROUP

   Alan Davies
    REAL ESTATE TEAM
    "Friendly Professional Service"

                     www.alandavies.ca 

          Put Us To Work For You

 

* Costs Associated with Buying and Selling a Property:

For Buying a Property:
 
The down payment
The mortgage payments
High Ratio Insurance Cost, if applicable
Property Transfer Tax ( 1% of 1st $200,000 & 2% of balance)
 
H.S.T. if applicable
 
Property tax adjustments ($____/365 days = $____ x ____days)  
Conveyance or Legal fees ( approximate ) as follows:
Purchase ( Mortgage ) ~ $875.00 +
Purchase ( No Mortgage ) ~ $700.00 +
Purchase ( Mortgage & Sale ) ~ $1,250 +
Clear Title ~ $350.00 +
Sale with one discharge ~ $425.00 +
Refinance with one discharge ~ $550.00 +
 
Mortgage application fee ~ Varies
 
Mortgage interest adjustment ~ Varies
 
Cost of the bank appraisal ~ $300.00 +
 
Site or Home Inspection  ~ Varies
 
Survey certificate ~ $350.00 ( Check availability from seller or City Hall )
Title Insurance ~ $200.00 ( You may not require Site Survey if purchased )
 
Home Insurance ~ Varies
 
Utility connections (hydro, cable, telephone)  
Cost of moving expenses ~ Varies
 
Required or necessary home renovations ~ Varies

* Please note that all costs shown above are approximate and other fees may apply.

 

 For Selling a Property:

Preparing your home for the sale  
Paying out any outstanding mortgage balance  
Paying a prepayment penalty  
Property tax adjustment (____/365 = ___ x ___ days)  
Paying the real estate commission  
Paying the H.S.T. on the commission  
Conveyance or Legal fees expenses
 
Tenant rent deposit adjustment if applicable
 
Paying strata cost adjustments if applicable
 
Home insurance policy credit  
Paying for moving expenses

* Please note that all costs shown above are approximate and other fees may apply.

________________________________________________________________________________________________________________________

 Alan Davies
REAL ESTATE TEAM
      
"Friendly Professional Service"

HomeLife Benchmark Realty

Email: davies2@shaw.ca

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Put  Us To Work For You

Bus: 604-531-1111

Fax: 604-531-8114

TF: 1-800-521-9666

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                                                                           Pro-Vts 2011 Concepts ..... Copyright © Alan Davies Real Estate Team. All Rights Reserved.