Closing costs

Mourning

When you buy a new home, there are always more costs than your down payment. Closing costs involve costs such as from real estate commissions (if you are selling), land transfer tax (if you are buying), legal fees and disbursements and moving costs. You should always make sure you have built in a buffer beyond your down payment so that you are prepared for closing costs, as these are necessary payments before your deal will close.

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