Property Closing Costs

Overview of Additional Costs when Purchasing a Property

When buying a home make sure you account for all property closing costs. Lenders will require conditions that may add to the cost of buying real estate. Rajvir Sidhu goes over fees home buyers should take into consideration when registering a mortgage and purchasing a home.

Consult a mortgage broker, lawyer or notary public when purchasing your property. Some of these additional closing costs include:

• Title Insurance Fee
• Insurance Binder Fee
• Land Title Registration Fee
• Property Tax Adjustments