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The Costs of Purchasing a home.
These cost vary depending on the type of property, the price, and the payment method: cash or mortgage.

  • 1. Enter the Purchase Price here. Example 390000.
    		•  $

  • 2. Building Inspection $375 to $575
    A pre-purchase cost. This will cover a basic inspection. If you require a specialized inspection, such as Drain Tile or Septic you should get a quote.
    		•  $

  • 3. Lawyer/Notary Fees.
    A typical fee ranges from $700 to $1250. Enter $1000 or the fee you expect to pay.
    		•  $

  • 4. Your Portion of the Property Taxes for the remaining Year.
    This is a simple calculation. If you close on the 15 August there are 138 days remaining in the year so you will pay 138/365's of the taxes.
    • Details.
    		 $

  • 5. A Survey Certificate/Title Insurance Enter $300
    Usually the mortgage company will require Title Insurance. You need to discuss this with your lawyer/notary. If the seller provides you with a survey certificate enter zero.
    		• $

  • 6. The Property Transfer TAX.
    Leave this blank we will calculate this for you.
    (1% on the first $200,000 + 2% on the balance).First time home buyer may qualify for a exemption. Details here.
    • Summary.
    		 $

  • 8. Tenants.
    If you are taking over a tenancy then the deposit and perhaps a portion of the rent will be credited to your account.

    • To complete this calculation click on this button.
    Estimated Costs: You costs will be more or less:

    $
    • Please Contact Rick Allenberg:
    For immediate assistance Call or Text Message #250.888.7675
    Contact us: REVictoria
    Copyright © 2003 RE Victoria a division of BC Homesellers Sale By Owner Ltd. (1997)
    All rights reserved. Copyright terms & conditions apply.
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