Quote:
Originally Posted by Nehkara
Doing it on my own though... I may have to just put 5% down because you have mortgage + all of the related real estate fees... and then I have to buy all of my furniture and stuff that goes IN the condo.
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I don't think there are any real estate fees for the buyer in Alberta so that should help you out. You need a lawyer but they don't charge that much and are sometimes included if it is a new build. (You pay for it either way but if it is part of the purchase price then it counts towards your down payment)
As for furniture try not to forget the golden rule that spending begets spending. Meaning that if you put a nice couch in your house then your table will look ratty so you will want a new table which of course needs a nice place setting to go on top of it. All of a sudden the bedroom furniture is uncomfortable and ugly so it needs to go.
If you can find a way to just buy a cheap couch you will save thousands.