Talk:Mathematics Jobs Wiki 2009-2010 (Teaching)

                            Whitby and Brooklin Real Estate Tips for Home Buyers

Many Brooklin real estate properties buyers think that the best time to buy new houses is when the price fall. If you are a first time home buyer, you will find that it involves a complicated process. Although it is not an easy process, you can easily complete it with some preparations. First time Brooklin Real Estate buyers may think that their only cost is the down payment but there are also other costs including down payment, mortgage loan insurance premium, mortgage loan insurance, home inspection fee, land transfer tax, property insurance, certificate of location, and legal fees.

You should have the house inspected first before buying. Performing home inspection is necessary in order to find out the house condition. The average cost of the home inspection fee is $500. The larger the house and the more things the inspector need to inspect, the higher the inspection fee will be. The land transfer tax is a provincial tax you have to pay upon the closing of the home sale. Usually, a percentage of the house price is charged as the land transfer tax. The land transfer tax may vary across different provinces in Canada.

Property insurance is required by the creditor. Property insurance is used as a mortgage security. It provides coverage for the home replacement cost in case it is damaged. Certificate of Location Cost is needed upon the finalizing of the purchase of the house. You will have to pay for this certificate at your own expense if the seller did not provide one. Your lawyer will bill you for the legal fees and other costs such as land title cost.

If you want to save money in buying a house, you should turn to a Whitby real estate agent. The real estate agent has extensive knowledge on home buying and can give you advices on how to save money in buying the house. The Whitby real estate agent will introduce you to creditors that offer competitive rates. He will show you what houses are for listed for sale in the market. He will show you a few homes on the first outings. After you have selected 2 – 3 homes, you can make appointment with the real estate agent to view them again. Once you found a house and decide to buy it, you can make an offer to the seller with the help of the real estate agent.