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Tips To Sell Your Home For Top Dollar

Posted onFebruary 19/2016By

Choosing to sell your home is not an easy decision. After all, it’s your home. But for many people, their home is also the single largest investment they will ever make. And you really don’t want to go through all the trouble of moving and selling something that is worth so much to you — in financial and sentimental terms — and not get the best possible price for it. This article will list some tips you can use to ensure that you get the best possible price for your home. Research the Market for Comparable Pricing Take a day and spend it checking out the list prices of other homes in your area. At what price are they listed? How do their homes compare to yours? You must be honest and logical here. If you don’t have a good idea of what other homes are going for, you won’t…

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Tips On How To Plan For Your Closing Costs

Posted onJuly 24/2015By

When you know that you are going to apply for a mortgage, it is best to begin saving for the closing costs. On average, closing costs cost anywhere from $2,500 to $6,000. These costs vary by location and other matters that also affect the rate. Fortunately, closing costs are usually the only upfront cash payment that usually needs to be made when a mortgage loan is cleared. What Are Closing Costs For? Closing costs are the fees due in order to close out a real estate transaction. When the title is transferred over to the soon-to-be-new home owner, the closing costs are then due. Closing costs are usually determined between the real estate agents whom are capable of wheeling and dealing at the cost in which you will ultimately be required to pay. Considering that closing costs are almost never optional, it is best to assume that you will need…

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What To Expect With Closing Costs

Posted onMay 25/2015By

You’ve found your dream home. You’re ready to purchase. You’ve met with a broker. You’ve secured a mortgage. Everything looks great, but before you start packing up your belongings, you need to consider the closing costs. Closing costs are additional expenses that come with every home purchase. Your broker can guide you through the process and explain each in detail. It is recommended that you budget at least 1.5% of the purchase price of your new home to go towards these supplementary charges. Avoid unpleasant surprises and sit down with your broker to discuss the following closing costs: Land Transfer Tax Most provinces make use of a land transfer tax. This is charged to you upon closing when the property is transferred to your name. The amount of land transfer tax is not the same for everyone and varies depending on the price of your home. Some provinces offer breaks…

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