Newsletter
Better Finances for a Better You
← All Neontra Newsletter Issue #075 074 →
Estimated reading time: 5 minutes
Did you know?
Nine out of 10 homeowners who bought a home in the last three years say they were unprepared for the extra costs of maintaining and financing their property, according to a survey by Real Estate Witch.
Which costs were more expensive than people originally expected →Word of the week
Closing Costs
The expenses associated with "closing" a real estate purchase, including legal and administrative fees, are known as closing fees. These fees are not included in the purchase price of the home.
An overview of mortgage closing costs in Canada →Budgeting
Unexpected Costs That New Home Buyers in Canada Frequently Forget
- Property/Land Transfer Tax
- Property Tax
- Insurance
- Home Inspection
- GST/HST
- Legal Fees
Infographic of the week
In 15 big Canadian cities, more than 50% of homes sell for at least $1 million.
Beyond conventional criteria — such as a $1 million+ price tag, spaciousness, lavish decor, and a prime location — lie deeper insights into the fabric of the markets that showcase Canada’s most expensive homes for sale.
Check out the 15 large cities where 50% to 80.5% of homes for sale cost at least $1 million →Saving
The money-saving tips and tricks I’ve learned while living single learned while living single By Sadaf Ahsan
Image by Freepik - Here’s how a young adult can beat the high cost of living on their own →Investing
How To Invest In Real Estate By Miranda Marquit
There are an endless variety of ways to invest in real estate, from taking out a home mortgage to building a property empire that spans the country. While the latter is probably out of reach for most of us, there’s no shortage of other options.
Here are five strategies for adding real estate exposure to your investments →Serious stuff
Financial wellness tips to help improve your financial future
Get ahead and learn how to improve financial wellness through simple spending, saving and budgeting tips →