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

What are the current closing costs for cash buyers in Saskatoon?

A cash buyer in Saskatoon skips mortgage default insurance and its provincial sales tax entirely, but still pays a legal fee of roughly $800 to $1,500 and a home inspection at $400 to $600 if they choose to have one, since cash does not remove the value of an inspection.

Title still moves through Information Services Corporation and a lawyer regardless of financing, so that legal fee does not shrink just because there is no mortgage to register. Your lawyer's work is largely the same file whether or not a lender is involved.

Cash buyers do avoid appraisal delays and lender conditions, which can shorten the path from offer to possession, but it does not eliminate the property tax proration or any condo fee adjustment on the statement of adjustments at closing.

Joel Dyck works with cash buyers regularly and can move a Saskatoon file quickly once the price is right. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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