When purchasing a home, you are faced with a multitude of decisions.  Finding that perfect home is not an easy task, and obtaining a mortgage loan can be a complex and tiring process.  Once you've made the commitment to reach that home-purchasing goal, though, the rewards you can achieve are unquestionable.

 

Assisting you every step of the way, I'll make the process of purchasing a home in Vancouver easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I'll help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale in Vancouver that match your specifications, and guide you through the myriad of details attending the actual purchase.

 

Having sold homes in Vancouver now for 15 years, I have my finger on the pulse of the Vancouver real estate market, and know neighbourhood values inside and out.  I will help you determine which properties are fairly-priced and in good condition before you start your search.

 

Contact me today, together we will prepare a unique system to suit your particular needs and goals. From helping you find your dream home to closing the deal - and every small or large step in between - I will be there to ensure your journey to life behind a new door is a smooth one!


COSTS OF BUYING

 

Mortgage costs

•Appraisal, if applicable

•Land title registration fee

•Mortgage loan insurance and application fee - if you get a high-ratio mortgage (where you pay less than a 20% down payment) you will have to buy the mortgage loan insurance from CMHC or a private company. For fee descriptions, please go to: https://www.cmhc-schl.gc.ca/en/co/moloin/index.cfm

 

Legal or notary fees and expenses

•Title search

•Investigating title

•Drafting documents

•Land title registration fee

 

GST 

When you buy a newly constructed home, you are required to pay 5% GST

http://www.bcrea.bc.ca/government-relations/tax-calculators

 

Property Transfer Tax

http://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax


Pre-paid property taxes or utility bills

You will need to reimburse the sellers for any prepayments.

 

Appraisal fee

Before your lender approves your mortgage, you may be required to have an appraisal done. Sometimes your lender will cover this cost, if not, you are responsible. The fee ranges from $150 to $350.


Home inspection fee

A home inspection is a report on the condition of the home that can alert you to any protential issues. The fee is about $500 to $700, depending on the size and complexity of the inspection.

 

Home insurance

To be safe, make the insurance effective on the earlier of either the completion date or the date that you pay the balance of the funds in trust.

 

Moving fees

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