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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

Your mortgage must also be eligible for mortgage insurance through Canada Guaranty, CMHC or Sagen (previously known as Genworth.) . The mortgage insurance premium is based on the loan-to-value ratio of the first mortgage only. These can include: Additional legal fees- Since you will be closing on two mortgages, your fees may increase.

Insurance 144
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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

When they ultimately sell, the gain may extend beyond the federal tax law’s maximum exclusion amounts on capital gains of $250,000 for single filers and $500,000 for married couples. Understanding the Capital Gains Problem Many homeowners who purchased their homes long ago have seen huge gains in the value of their residences.

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Commercial Real Estate Investing: A Comprehensive Guide

Property Metrics

Expense Projections : Operating costs like property taxes, insurance, utilities, maintenance, and management fees are then subtracted to derive Net Operating Income (NOI). For example, property taxes might rise after a sale, or insurance premiums could spike in areas prone to natural disasters.