FREQUENTLY ASKED QUESTIONS

WILL TAX ASSESSMENT REFLECT THE MARKET VALUE?

Tax assessment values rarely reflect the market value because assessors don’t adjust values to align with current market value. Since market conditions change rapidly there is only one sure way to assess the market value of a house – by using market comparable.

EXPENSES A BUYER MAY INCUR

Home Inspection
Notary costs for Deed of Sale and Deed of Loan
Transfer duty otherwise known as a “Welcome Tax” typically due 30-60 days after signing at the Notary.. The amount will depend on the municipality and on the value of the property. The welcome tax is calculated using the higher of two values: a property’s municipal assessment or its purchase price.

EXPENSES A SELLER MAY INCUR

Broker’s commission
Notarial fees to cover costs of loan repayment

FREQUENTLY ASKED QUESTIONS

WILL TAX ASSESSMENT REFLECT THE MARKET VALUE?

EXPENSES A BUYER MAY INCUR

EXPENSES A SELLER MAY INCUR

RESOURCES

HOME STAGING

CLEANING SERVICES

ESTATE SALES

PROFESSIONAL SERVICES