You should be prepared for the many costs associated with the purchase of a home. Some of the more common costs, which vary by province, include:

• LEGAL FEES
  
• FEES FOR THE REGISTRATION OF YOUR DEED AND MORTGAGE
  
• MORTGAGE PROCESSING FEES
  
• MORTGAGE INSURANCE AND APPLICATION FEE (if you have a high ratio mortgage)
  
• HOME, FIRE, MORTGAGE LIFE AND DISABILITY INSURANCE
  
• GST (on only newly constructed homes)
  
• ADJUSTMENTS FOR PROPERTY TAXES AND/OR UTILITY COSTS ALREADY PAID BY THE EXISTING OWNER
  
• CONNECTION CHARGES FOR UTILITIES SUCH AS GAS, ELECTRICITY AND WATER
  
• PROVINCIAL TAXES (B.C. ONLY)
  
• LAND TRANSFER TAX
  
• LAND SURVEY FEE
  
• HOME INSPECTION (if desired)
  
• MOVING EXPENSES
  
• APPLIANCES, FURNITURE, DRAPERIES AND GARDENING EQUIPMENT
  
• LANDSCAPING
  
• DECORATING
  
• REPAIRS
  

If you have any questions regarding estimates of these costs, your Royal LePage sales associate can provide you with the required information.