Article courtesy of Genworth Canada. Land transfer tax. When a home changes hands, many provinces and a few municipalities charge a property transfer tax or title transfer fee. Rates are usually on a scale of 0.5% to 2% of the home’s value and can add thousands to your purchase price. First-time homebuyers qualify for rebates… Continue reading 10 Closing Costs When Buying a Home
Tag: home inspection
Checking on your home inspector
TheRedPin.com posted this article a while ago about what home inspectors do and do not check when doing the inspection on your home – or rather, what they are and are not required to check. The list is quite informative, especially if you have not bought a home recently. A home inspection is incredibly important… Continue reading Checking on your home inspector