08/23/2026
Peterborough and Kawarthas homebuyers should review closing costs, lender fees, lawyer fees, title insurance, land transfer tax, and adjustments before firming up a home purchase.
The purchase price is only one part of the budget.
Closing costs can include legal fees, title insurance, land transfer tax, adjustments for property taxes or utilities, appraisal fees, home inspection costs, moving expenses, and lender-related charges.
Before you firm up your purchase, ask your lender, mortgage broker, and real estate lawyer for a clear breakdown of the costs you should expect.
A good closing-cost review can help you understand:
• How much cash you may need on closing
• Which fees are due before closing
• What your lender may require
• Whether land transfer tax applies
• Possible title insurance and legal costs
• Adjustments for taxes, utilities, or condo fees
• Extra costs for moving, insurance, or repairs
Planning ahead can help reduce stress and avoid last-minute surprises.
If you are buying a home in Peterborough, Lakefield, Selwyn, Bridgenorth, Douro-Dummer, Otonabee-South Monaghan, Norwood, Havelock, Trent Lakes, or the Kawarthas, I can help you ask the right questions before you move forward.
Clear numbers make better decisions.
Frank Rosso ABR, SRS
RE/MAX Hallmark Eastern Realty
PeterboroughAgent.com