Closing costs

Once upon a time, a million dollars was a kingly sum – enough to set the average person up for life.

Higher costs are on the way for some Toronto home buyers in the new year; following its approval on September 6th, the City of Toronto’s new …

The home buying process is expensive. There’s the down payment—which must be at least 5% of the home’s purchase price—as well as closing costs. If you’re buying a home in Toronto or Vancouver, you can expect … Read More

Buying a home is expensive. First, there’s the down payment, which can amount to tens of thousands of dollars. Then there are the closing costs, which are the administrative and legal costs you need to pay … Read More

Sponsored by: Before buying their first home, Rosemary and Andrew lived in a condo they rented in downtown Toronto.

I thought I’d start out this month’s update with a credit crunch joke, since we’ll be reviewing some policies born out of it: I went to the ATM this morning and it said “insufficient funds”. I’m … Read More