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Get details on:
Recent sold prices
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What to consider BEFORE buying
Buying a home is an investment in your future. Given its importance, knowledge is
key to making the right purchase. Take a look at these tidbits of information before you
dive into the buying process.
THE UPFRONT COSTS OF BUYING
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DOWN PAYMENT This is paid once and typically represents 5-20% of the purchases price. |
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HOME INSPECTION & APPRAISAL FEES This gives you more information on the property during subject removal. |
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INSURANCE COSTS Property insurance, mortgage loan insurance, etc. |
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PROPERTY TRANSFER TAX This ranges from 1.0-3.0%, depending on the property cost. |
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LEGAL & NOTARY FEES These are required during property completion in order for the property to be registered in your name. |
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POTENTIAL REPAIRS & RENOVATIONS Any upgrades or fixes you will be making immediately after moving in. |
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MOVING COSTS This includes packing materials plus hired professional movers. |
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GOODS & SERVICES TAX (GST) |
IMPORTANT DOCUMENTS FOR YOUR MORTGAGE BROKER
- Contact information for your employer & your employment history
- Proof of address & your address history
- Government-issued photo IDs with your current address
- Proof of income for your mortgage application
- Proof of down payment, including the amount & source
- Proof of savings & investments
- Details of current debts & other financial obligations
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.