Realtor Hussein Al Sahmi

Realtor Hussein Al Sahmi Helping You Is All What We Do! We Are Real Estate Sales Professionals. Realtor

Boat party with Remax West Family
08/22/2024

Boat party with Remax West Family

This is for Fisrt time Home 🏠 Buyers:To buy a property in GTA priced at $950,000, you need to consider several costs, in...
08/11/2024

This is for Fisrt time Home 🏠 Buyers:

To buy a property in GTA priced at $950,000, you need to consider several costs, including the down payment, closing costs, and other associated expenses. Here's a breakdown:

1. **Down Payment:**
- The minimum down payment is tiered based on the purchase price of the home:
- For the first $500,000, you need 5%.
- For any amount over $500,000 up to $1,000,000, you need 10%.
- For a $950,000 property:
- First $500,000: 5% = $25,000
- Remaining $450,000: 10% = $45,000
- Total minimum down payment = $25,000 + $45,000 = $70,000

2. **Mortgage Loan Insurance:**
- If your down payment is less than 20% of the purchase price, you will need to pay for mortgage loan insurance, which protects the lender. The cost depends on the size of your down payment.

3. **Closing Costs:**
- These typically range from 1.5% to 4% of the purchase price. Closing costs can include legal fees, land transfer taxes, and other expenses.
- Estimated closing costs at 3%: $950,000 x 3% = $28,500

4. **Total Initial Costs:**
- Minimum Down Payment: $70,000
- Closing Costs: $28,500
- Total Minimum Money Required: $70,000 + $28,500 = $98,500

You should also consider additional expenses such as moving costs, home inspection fees, and any immediate repairs or renovations. It’s a good idea to have some extra savings for these and other unexpected expenses.

Realtor Hussein Al Sahmi
Your Real Estate Sales Professional
437 333 4369

Rise and show up your wings
06/18/2024

Rise and show up your wings

Find some serenity when you find your RE/MAX Agent. Canada’s most trusted agents have the advice you need when buying or...
06/12/2024

Find some serenity when you find your RE/MAX Agent. Canada’s most trusted agents have the advice you need when buying or selling.

Realtor Hussein Al Sahmi
Re/Max West Realty Inc., Brokerage
437 333 4369

DEAR NEW HOUSE!We will be home soon!NOW LISTED!!!MLS® # E8248394https://realtor.ca/real-estate/26770962/11-yacht-drive-c...
06/06/2024

DEAR NEW HOUSE!
We will be home soon!

NOW LISTED!!!

MLS® # E8248394

https://realtor.ca/real-estate/26770962/11-yacht-drive-clarington-bowmanville?utm_source=consumerapp&utm_medium=referral&utm_campaign=socialsharelisting

11 Yacht Dr, Bowmanville

Offered at $3,799

✦ 5 Bedrooms
✦ 4 Bathrooms
✦ Lake View
✦ a Stream Winds through the Property
✦ Stunning West View of Sunsets
✦ Three Balconies all with lake view
✦ 400 Sq Ft Rooftop Terrace

Contact us Today!

Hussein Al Sahmi
Remax West Realty
437 333 4369

Busy Monday …
03/25/2024

Busy Monday …

Thinking Of Selling Your Home? 🏠Find Out What Your House Is Worth💲 Realtor Hussein Al Sahmi Re/Max West Realty ...
03/08/2024

Thinking Of Selling Your Home? 🏠
Find Out What Your House Is Worthđź’˛

Realtor Hussein Al Sahmi

Re/Max West Realty Inc., Brokerage

437 333 4369

Sometimes You Just Need To Show Up!
02/24/2024

Sometimes You Just Need To Show Up!

Everyday is a new beginning .. With RE/MAX you can never go wrong …
02/23/2024

Everyday is a new beginning .. With RE/MAX you can never go wrong …

The two most powerful warriors are patience and time
10/01/2023

The two most powerful warriors are patience and time

One Million Dollars Meeting with
10/01/2023

One Million Dollars Meeting with

Work is done!
08/17/2023

Work is done!

Address

96 Rexdale Boulevard, Etobicoke
Toronto, ON
M9W1N7

Opening Hours

Monday 9am - 11pm
Tuesday 9am - 11pm
Wednesday 9am - 11pm
Thursday 9am - 11pm
Friday 9am - 11pm
Saturday 10pm - 6pm
Sunday 11am - 5pm

Telephone

+14373334369

Website

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