Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

How can I lower my closing costs on a Saskatoon home?

The single biggest lever is your down payment. Putting down 20 percent or more avoids CMHC, Sagen or Canada Guaranty mortgage insurance entirely, which also avoids the PST Saskatchewan charges on that insurance premium at closing, so a larger down payment can meaningfully cut your total closing bill.

Legal fees have a range for a reason. Fees for straightforward residential files typically run $800 to $1,500, and shopping two or three real estate lawyers before committing can find you the lower end of that range without sacrificing quality of service.

A home inspection, typically $400 to $600, is worth paying for rather than skipping, since it can surface issues that let you negotiate a price reduction or repair credit that more than covers the inspection cost itself.

Timing your closing date to avoid double property tax proration or overlapping utility setup fees is a smaller but real saving your lawyer can help structure. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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