Summary of Estimated Selling Costs in the Durham Region
1) Legal Fees
Ex. Local Durham Region real estate lawyer fees (Includes all fees, disbursements, payout of one existing Mortgage)
Within Durham Region $680.00 + HST
Outside Durham Region $735.00 + HST
2) Prepayment Penalty on Existing Mortgages
Check with your current lender as rates will vary depending on the type of mortgage you have.
3) First, Second Mortgages
First and Second mortgages may be paid off depending on the type of mortgage. Mortgages may also be transferred to the new property usually with a cost associated. Check with mortgage lender for any associated fees.
4) Real Estate Commissions (HST included)
This is the fee that you will be paying your Realtor as well as the co-operating brokerages Realtor and will be the biggest figure associated with the sale of your home. Feel free to contact Scott directly for exact figures.
5) Movers
Moving Costs will vary based on distance of move, total hours required, number of movers and the size of the home. These fees will vary.
*** These are just estimated figures that do vary on a case by case basis ***
For More information Contact Scott Morgan
Sutton Group Heritage Realty Inc.