When buying, selling, or refinancing a property in Alberta, one of the most common questions is: “What are the closing costs?” Closing costs can significantly impact your budget, and having a clear estimate can help you plan better. At Westview Law LLP, we’re here to make this process simple and transparent.
What Are Closing Costs?
Closing costs are the final expenses you pay when transferring or refinancing a property. These costs typically include: Legal Fees, GST and Disbursements (e.g., Land Titles Office registration fees)
Estimate Your Closing Costs in Alberta
To make it easier for you, we’ve created an online calculator to estimate your closing costs for selling, purchasing, or refinancing a property in Alberta or Calgary. You can access our calculator here: Closing Cost Estimator.
By answering a few simple questions, you’ll get an accurate estimate of your total costs, including legal fees, GST, and disbursements.
What’s Included in the Estimate?
Our closing cost estimate includes:
- Legal Fees – The professional fees for legal services during the transaction.
- GST – Applicable taxes on the legal fees.
- Disbursements – Expenses such as Land Titles Office registration fees.
However, the estimate does not include:
- Title Insurance – If you choose this optional coverage or if it’s mandatory for your transaction, additional costs will apply.
Why Use Our Calculator?
The purpose of our calculator is to give you a clear idea of your estimated costs upfront. While it provides a comprehensive estimate, certain variables, like title insurance, out-of-province signing and/or cost of Estoppel Certificate, may affect the final cost.
For personalized advice or if you have specific questions, feel free to call our office. Our experienced team is here to assist you and ensure your real estate transaction goes smoothly.
If you’re planning a property transaction in Alberta or Calgary, try our Closing Cost Estimator today and gain clarity on your expected expenses.
For further details, call us at 403-930-5055. Let’s make your real estate journey hassle-free!