Welcome to Barb Hashimoto Real Estate

When Buying or Selling property, there are many contact numbers you will need to make arrangements for connections and disconnections, or for local information and general interest sites.

For your convenience, I have collected websites of local services to help you feel at home.

Buying and Selling Real Estate can be the most important and the most rewarding financial transaction a person can make.

It is important to understand Agency Relationships, who represents who,
and all the costs associated with Real Estate.

The more information you have in the beginning, the more satisfied you will be with the results.

Tax Information Bulletin - First Time Home Buyers Rebate

Effective January 1, 2002, The Nova Scotia First Time Home Buyers HST
Rebate will be 18.75 % of the provincial portion of the HST paid (or 1.5% of the
pre-tax purchase price) to a maximum of $1500, regardless the price of the
house.

Previously, the rebate was available on all new homes, regardless of whether
or not you were a first time home buyer, to a maximum of $2250.

Eligibility

To qualify as a First Time Home Buyer, the individual and their spouse or
common-law partner must not have owned and occupied a home in Canada
within the preceding five years.

Buyers Cost Guide
The following are estimates of costs involved in buying a property. The total amount needed for closing costs is usually between 3%-5% of a total purchase price, and are in addition to the down-payment

Activity	Timing	Est. Cost	Cost Estimates
1. Legal and disbursments, including Title search, Mortgage Documentation Registration of Deed OR Title Insurance	At Closing	$650-$1200 $900
2. Mortgage applicatioon Fee/and or Property appraisal	At Application	$165-$250
3. Mortgage insurance, (only applies when the loan is more than 75% of the purchase price for Single family Homes) and is added to the loan	When mortgage funds are released - financed	0.50%-3.25% of Mortgage Amt. depending on downpayment
4. Mortgage Interest Adjustment	At closing	The interest on your mortgage between the closing day and the 1st day of the next month
5. a) Fuel Oil Adjustment b) Propane Adjustment c) Tax Adjustment d) Condo Fees	At closing	$700 $340 6 mos Taxes Max 1-4 Months
6. Survey / Location Certificate	2-3 Weeks prior to closing	$500
7. Home Insurance	Before Closing	$600
8. Municipal Deed Transfer Tax	At closing	1.5% of purchase price in HRM
9. a) Water Test (if on a well) b) Well Test c) Septic Test	2-3 Days after agreement	$40-$200 $200 $200
10. Property Insurance	2-5 days after agreement	$250-$350 + HST
11. Miscellaneous, includes hook-up charges for power, phone cable, water Moving Costs, Lock Change, Appliance Connections, If Condo: there may be costs for reimbursing seller reserve and contigency funds	At closing	Variable