closing costs: CLOSING COSTS - 08/14/07 04:26 PM
EXAMPLE
Purchase Price $200,000
Within 24 Hours: $1000 +  deposit (credited on closing)
Within 7 days    :       $  400 +   home inspection         $    55 + water testing (well)
PAID ON CLOSING
Legal Fees: $  650 + varies from lawyer to lawyer
Deed Transfer Tax: $3000 1.5% of purchase price
Fuel Adjustment: $  850 + (full tank of oil is oil heat) $  400 + (full tank of propane if propane)
Tax Adjustment +/- 6 mos        repayment to vendor for prepaid taxes after closing
Interest Adjustment $  100 + interest on mortgage from closing to first payment
Survey $  400 + if required … (0 comments)

 
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Halifax, NS

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