@suemclayrealty: Always make sure you are budgeting for closing costs when purchasing a property. There may be minor additional costs your lawyer will review with you on the statement of adjustments. First time buyers get a partial refund that is applied immediately. In order to be eligible, you must be at least 18 years old & you cannot have owned a home. As for PST, this is a closing cost that only applies to buyers putting less than 20% down. Your mortgage insurance will be absorbed into the mortgage payments however you must pay 8% PST on the insurance amount on closing. If you have questions or want to learn more about the buying process, send me a message!

Sue Mclay

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Region: CA

Saturday 29 October 2022 14:52:11 GMT