Title Insurance: most mortgage lenders are prepared to accept title insurance instead of a survey. A Title Insurance policy costs about $250.00-$300.00 for most residential properties. The fee will vary to some extent with value of the property.

Disbursements: When your lawyer closes the purchase, he/she will have to pay a variety of expenses for you. He/she will add these costs to the bill he/she sends you. Such disbursements costs include fees for registering the deed and mortgage, building and tax certificates, hydro and water status reports, etc. On a standard residential purchase, these costs will run between $300.000 and $500.00

Adjustments: The annual real estate taxes will be apportioned to the seller and thebuyer as the date of closing. If the seller has prepaid the taxes for the year, the buyer will be required to reimburse a pro rata portion to the seller. If the property is heated by oil, the buyer will be required to reimburse the seller fore the value of the oil remaining in the storage tank on closing. The buyer's lawyer arranges for these adjustment s with the seller's lawyers as part of the closing process.

Moving costs: Moving costs vary depending upon the distance moved and the weight and volume of possessions moved. It is wise to get an estimate from more than one mover. It is also wise to book your mover will in advance of closing.

Insurance Policies: You may wish to consider a closing insurance policy (about $40.00) and/or a home warranty policy ($230.00-$350.00). As well, you will need property insurance and occupier's liability insurance. Contact an insurer well in advance of closing in order to ascertain the costs, and to have the policies in place at closing.

Condominium Purchase: There are some special costs involved with a condominium purchase. For example, you will want a Status Certificate, which includes all important documents concerning the financial affairs of the condominium corporation, as well as the by-laws and the rules that owners are required to abide by. The Status Certificate costs $100.00, plus photocopying. Also, a condominium owner pays a monthly maintenance fee to the condominium corporation. This fee will be apportioned between the seller and the buyer as of the date of closing.