Anna Belyntseva
Sales Representative

Office: 1-877-356-7033 ext 337
Phone: (905) 722-3211
Mobile: (905) 252-0388

Contact by e-mail

Prudential
Renascent Realty Inc.
Real Estate Brokerage.

Keswick Office
461 The Queensway South
Keswick, Ontario L4P 2C9

Sutton Office
165 High Street
Sutton, Ontario L0E 1R0
PO Box #542
 

ANNA - YOUR AGENT

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1 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 or exemptions in some provinces.

2. Appraisal fee. Your lender may ask you to have a home appraised to comfirm its market value. Fees vary depending on a property's value and complexity, but are typically around $300.

3. Legal fees. A lawyer or notary will help protect your interests by reviewing your purchase agreement, searching the property title, and ensuring that all documents are completed properly. Basic legal fees start between $500 and $800, plus disbursements, with added services as needed.

4. Home inspection. An inspection can help make you aware of issues related to a house's structure and systems, such as plumbing and electrical, and recommended or necessary repairs. Fees range from about $350 to $450.

5. Home/fire insurance. Your lender will require proof that the property is insured in case of fire and other damage. Insurance costs vary, depending on the coverage needed, but budget for at least $500 a year.

6. Costs for vewly constructed homes. If you are buying a brand-new home, be prepared to settle any items not quoted in the original price, including upgrades or paving and landscaping fees. New homes are also subject to 5% GST or 13% HST, although this is often included in your purchase price. A federal rebate reduces the GST or the federal part of the HST to about 3.5% for homes valued at $350,000 or less.

7.Prepaid costs. If the seller has paid property taxes, water bills, or utilities in advance, you'll need to reimburse these at closing. This can add hundreds to your upfront costs, but means these bills will be paid for your first months in your new home.

8. Tax on mortgage insurance. If you have less than a 20% down payment, your lender will require that you obtain mortgage default insurance. You can roll the cost into your mortgage payments, but the PST is due at closing. For example, if your mortgage insurance is $5,000 and the PST is 8%, you'll pay $400.

9. Title insurance. Title insurance can safeguard you against fraud and problems with your property title or survey. Fees range from $150 to $350.

10. Moning-in costs. Before the big day, budget for all those last-minute things: $100 or more to rent a van or a few hundred for professional movers, $50 to $60 for a locksmith to rekey your locks, and cleaning supplies. Such incidentals can easily come to $500 or more.

NEW Rased Bungalow
On Oversized 94X100' Mature Lot 
 With 2+1 Bedrooms, 2 Washrooms, Finished Basement With Recroom
$249,900

Great For Extended Family!
Double Garage With 10 Ft High Gates & Workshop
3+1 Bedroom Brick Bungalow On A Large Corner Intown Lot With Fully Fenced Backyard.
$292,500

THE ROC (RECREATIONAL OUTDOOR CAMPUS) will be the recreational, social and historical centrepiece of the Town of Georgina and a major regional tourist attraction providing opportunities for active and passive recreation, socialization, economic development and celebration that contribute to the health and well being of residents and to pride in this great community.

• www.georginaroc.ca
  
• See The Site Plan