COSTS TO CONSIDER -
Appraisal Fee	$ 225.00	An Appraisal is provided to the lender to confirm the fair market value of the property securing the mortgage. Usual cost is around $200 plus GST.
Home Inspection Fee	$__________	This is not required but is obtained in most cases when purchasing a house in particular, to ensure that it is structurally sound.
Mortgage Loan Insurance Application Fee	$ 165.00	Required where the loan to value is over 75%, and generally replaces the appraisal.
Mortgage Loan Insurance Premium	Can be included in the mortgage	The premium charged to insure a mortgage with a loan to value (usually) in excess of 75%. Clients usually add this amount directly to their mortgage.
Property Transfer Tax (PTT), if applicable	$__________	See Property Transfer Tax Article for assistance in calculating.
Goods & Services Tax (GST), if applicable	$__________	Relates to new construction. The cost ranges from 4.4% to 7% and is calculated by the lawyer.
Survey Certificate, If applicable	$__________	Most Lenders require a survey of the property, unless it is strata. Often an existing survey is available from the current property owner or, in some cases, the City or Municipality. If not available, the cost to survey a typical home usually falls in the range of $250 to $300. Your Lawyer or Notary Public usually orders it. Title Insurance is a similar cost and can by obtained in lieu of a survey.
Legal Fees and Disbursements	$__________	When calling for quotes be specific. Ask whether Minister of Finance and Agency costs, local Courier Fees, GST and PST are included in the figure given. If they are not included, ask for a breakdown of any and all other costs. For a referral to a lawyer or notary public please call Frank at 604-649-8244.
Property Tax Information Cost	Cost USUALLY included with Legal Fees, etc.	Charges for this are about $10 to $35. This cost is usually INCLUDED in with the Legal Fees and Disbursements, however, confirm that it is included when discussing costs with Lawyers and/or Notary Publics.
Adjustments for Property Taxes and Utilities (Water and Sewer)	$__________	Your Mortgage Broker should be able to calculate this information for you. This adjustment takes into consideration Property Taxes and Utilities that have been paid by the current property owner but that cover a portion of the time when you will own the property.
Property Tax Holdback	$__________	Be sure to find out when Property Taxes will next be due and make sure you allow for this at the time you complete your purchase, so that the money is available when the taxes again come due.
Move-In Fee	$__________	Strata properties often charge a move-in fee to the purchaser to cover the cost of preparing the elevators for the move, etc. Ask the Realtor handling your purchase to obtain this information for you.
Maintenance Fee Adjustment	$__________	This is the amount of the maintenance fee you will be responsible to pay in the month that you move in to the property. Your Mortgage Broker should be able to calculate this information for you.
House Insurance	$__________	Property insurance will be required by the mortgage Lender. This is not the same as insurance on the contents of your home.
Service Hook-up Fees	$__________	Include the costs to hook-up hydro, telephone, cable, etc. for your new home.
Moving Expenses	$__________	Include any other costs of the move, including the cost to rent a truck or moving van.
There are many more resources in the Full Article Listing that may be helpful, such as the Did You Know?. Information subject to change without notice.