How to Avoid Getting Burned by Hidden Costs When Buying in Toronto

Toronto Real Estate Podcast with Rene Ahmad

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Buying a home is not just about the money you spend up front. It's all about the rest of the money you need to spend beyond that.

Before making an offer on a home, find out what the property taxes are, what the water bill might be, and what the standard electrical bill is in that home. Utilities differ from home to home, neighborhood to neighborhood, so it's crucial to factor in these costs ahead of time.

You also want to think about the kind of furnishing you plan on purchasing. You might need to purchase new appliances or furniture, depending on the house and the terms put down by the seller. These are things you need to investigate, as they'll contribute to the final cost of the home.

If you would like guidance so you don't fall victim to the hidden costs often associated with the home buying process, please don't hesitate to give us a call or shoot us an email. We would love to hear from you!