Found 2 blog entries tagged as closing costs.

Buying a home in Calgary is an exciting milestone—but many first-time and even repeat buyers are surprised by the hidden costs that come along with the purchase. Beyond your down payment and mortgage, here are the expenses you should plan for to avoid financial surprises.

1. Home Inspection Fees

Before you commit, a home inspection is essential. In Calgary, inspections typically cost $400–$700, depending on the property size and whether you add services like radon or mold testing. While it feels like an extra expense, it can save you from costly surprises later.

2. Legal Fees and Disbursements

Hiring a real estate lawyer is required to complete the purchase. Expect to budget $1,000–$2,000 for legal services, title registration, and other…

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Understand Closing Costs When Buying a Home in Alberta!

If you're preparing to buy a home in Calgary, you've likely heard the term “land transfer tax” come up during your research. But here's the good news: Alberta is one of the few provinces in Canada that does not charge a traditional land transfer tax.

That said, there are other government fees and closing costs you should understand before signing on the dotted line. In this post, we’ll break it all down for you — simply and clearly.

What Is Land Transfer Tax?

A land transfer tax (LTT) is a provincial fee charged when the ownership of property is transferred from one person to another. It’s common in places like Ontario, BC, and Quebec, where buyers can pay thousands of dollars in land…

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