21st Feb, 2013

Closing Costs

In order to complete the purchase of your Niagara Falls homes, Fort Erie ON CA homes, Ridgeway Homes, there are a number of expenses to cover, known as closing costs. Contact D. W. Howard Realty now for a no-obligation discussion of what kinds of expenses to expect when buying a home. First-time buyers in particular have special concerns.

– Taxes… Different cities within Niagara Ontario Canada can have different tax requirements. Let D. W. Howard Realty help you calculate land transfer or other taxes due at the closing of the house for sale that you are interested in.

– Legal fees… Registering the mortgage charge and deed, title search, and tax certificate.

– Prepaid costs… This would inlcude water bills, utility bills, proerty taxes to be reimbursed at closing.

– Home insurance… Lender will require proof that the home you are buying is insured against fire damage.

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