Closing Costs when Buying a home

Closing Costs when Buying A home

There are many expenses related to Closing Costs when Buying a home in Nova Scotia. Most people know that they require a down payment, however, this is only one of many costs related to buying.

Find out the ins and outs of expected closing costs. 

What is deed transfer tax?

In HRM, all sales are subject to a 1.5% Deed Transfer Tax. 

How much money do I need to save in order to buy a home?

While some Lenders do offer 0 down mortgages, most require minimum 5% down, plus an additional 2.5-3% to cover the closing costs. 

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