How Much Does It Cost to Buy a Home in Ontario? | Closing Costs Explained

Описание: If you are wondering how much it actually costs to buy a home in Ontario in 2021, this video is for you. The last thing you need in your home buying process, especially as a first time home buyer, is to get to closing day only to find out how much money you need to write a cheque for! This video will break down, step-by-step, where your money will go and how much you will need to buy a house in Ontario.

Chapters:
0:00 $30,000?!
1:10 Ground Rules
1:20 Downpayment
2:12 Land Transfer Tax
3:17 Mortgage Insurance
4:15 Legal Fees
4:42 Title Insurance
5:26 Status Certificate
6:44 Adjustments
7:22 Breakdown
7:35 Deposit
8:17 Cheque at Closing

🧮Ontario Closing Costs Calculator🧮
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For more information on how I can help you through the home buying process, make sure to comment below and get in touch!

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Matt Carter is a London, Ontario real estate agent with Prestige Brokerage Inc. at The Realty Firm. If you want to work with someone who is looking out for your every need there’s no need to look any further. Matt's guarantee to you is that he will work hard on your behalf to secure the best deal possible and take as much stress out of the process as I can. Why not have some fun along the way?