Closing Costs | Evelyn Lopes Realty Team_Blog

Tuesday, May 30, 2023   /   by Evelyn Lopes- Klarine

What are the COSTS OF SELLING A HOME in Ontario

What are the COSTS OF SELLING A HOME in Ontario
Unveiling the Secrets and Costs of Selling 
When selling your home in Ontario, it's important to be aware of the various costs associated with the process, so that you can budget for them accordingly. This list is extensive, you may have some, or all of them to account for, but being aware of them is the first step when contemplating a move. Let's break them down.
Mortgage Payout:
When selling your home in Ontario, it's important to address your outstanding mortgage. For most people , this is the biggest cost when selling a home.  Here's a breakdown of the mortgage payout process:
First get your Mortgage Statement:
Contact your mortgage lender and request a mortgage statement. This document provides a snapshot of your remaining mortgage balance, including any applicable interest or penalties.Knowing this amount is crucial when calculating your net proceeds from selling your property. Calculating your net proceeds from t; ...

  real estate, evelyn lopes, evelyn lopes realty team, caledon real estate, brampton real estate, orangeville real estate, halton hills real estate, mississauga real estate, erin real estate, guelph real estate, halton real estate, home selling, home selling system, selling my home, home selling tips, how to sell a house, should i sell my house now, how much money do i keep when selling my house, selling your house, how much does it cost to sell your house, closing costs, cost to sell a home

Data is provided courtesy of Information Technology Systems Ontario, Inc
Copyright 2024 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 19, 2024
This site powered by CINC: