Competition = Low Mortgage Rates

Closing Costs Associated with Purchasing a New Home

Be prepared to pay some closing costs when purchasing a new home. These costs are not part of the property purchase, but additional items that you should consider. However, it is important to remember that these items may not be applicable in all cases, so check with your lawyer for a complete list of all closing costs specific to your situation. Possible closings costs can include:

• Legal fees
• Property Transfer Tax
• Interest Adjustment
• Property Tax Adjustment
• Property Appraisal
• Property Inspection
• Survey Certificate
• Insurance Binder

Note: Some of these costs may be included in your legal fees as your lawyer will arrange for the service to be completed.

Have a Web Site? Need to Display Rates?

Are you a realtor, broker or financial planner with a website?

Do you need up-to-date Canadian mortgage rates displayed on your web page?

You can choose from over 200 free mortgage rate boxes to suit your web site. We also have many tailor-made rate boxes for existing real-estate companies and related websites.

Recognizing the Danger Signs

You may have a debt problem if:

• you are feeling stress and anxiety over money situations and finding it difficult to sleep at nights.
• your monthly bank statements are in the negative.
• you're only able to pay the interest and service charges on your credit cards.
• you are afraid to open your mail or answer unknown phone numbers.
• your services have been cut off such as hydro or telephone.
• you're always borrowing money from family and friends and then find yourself avoiding them because you cannot afford to re-pay them.
• creditors are pressuring you and threatening to sue.
• you have received notification in the mail from a collection agency.
• your wages have been garnisheed.

Why do it Alone?

Investing in a new home is a big decision, so as a first-time home buyer, why do it alone?

Let our professionals guide you through the home buying process. We can advise you on all the legalities, the home inspection and the property appraisal. We will also work to find you the best interest rate and mortgage option that suits your financial situation.

Buying your first home can be overwhelming because of the wide variety of property available. It is important to get pre-approved for a mortgage because this will help you narrow your property search.

Our professionals will help get you pre-approved and be able to tell you exactly what you can afford, what your interest rate will be, and the amount of your monthly repayment.