Buying a home can be an exciting experience, but it’s important to understand the additional costs that come with the purchase. These are referred to as closing costs and they can add up to thousands of dollars. Closing costs are expenses that are paid in addition to the purchase price of a home and are […]
We know the thought of buying your dream home is exciting, and you’ve probably spent a lot of time thinking about what you can afford. Before you get too far into the house hunting process, make sure you’ve factored closing costs into your budget. These are upfront transactional expenses you’ll need to pay to […]
You have to pay interest accrued between your closing date and the date your first scheduled mortgage payment comes out. Otherwise known as an interest adjustment, this one-time interest charge has to be paid on the Interest Adjustment Date. Let’s say you just bought a home and your mortgage payments are due on the 1st […]
Of all the things you need to do during your home buying process, working with a trustworthy real estate lawyer could be the most important. Your lawyer will calculate the majority of your closing costs and will facilitate the transaction between you, the seller, and the bank on closing day. With this in mind, it’s […]
The best kinds of dreams are the ones floating right in front of you. The worst kinds of dreams are the ones that end as soon as you wake up. While it may not cause your home ownership dreams to come to an end, discussing things like Land Transfer Tax will have you floating back […]
