Posted by Samar Manuel, Sales Representative
Closing costs are those additional expenses that come due when you complete the purchase of your home. They typically include:
The amount of these costs will vary, depending on where you live and what kind of home you're buying. As a guideline, you can estimate that closing costs will be about 2.5% of the purchase price of your home, though this may vary greatly, especially if HST applies to your purchase.
In addition to closing costs, remember that you may also need to budget for appliances (if not included with the home), utility hook-up, redecorating and paying a professional mover.
For any questions and for any of your real estate needs, give me a call and I will be happy to help.