* PLEASE NOTE: Lenders will want proof that you have at least 1.5% of the purchase price for closing costs . This is not how much they will actually be, but rather a generic estimate. Every home will have different costs associated with purchasing it. Please contact me directly for estimates on the items below. Deposit -Paid to you Realtor usually upon acceptance or subject removal $ Down Payment -Paid on closing date with lawyer. Minimum 5%. $ Default Insurance $ Property Tax Adjustment –Calculated by your lawyer/notary at completion $ Property Tax Hold-back – If the lender is paying the property taxes on your behalf, they may require a lump sum at closing to start the property tax account $ Utility Transfer fees – BC Gas, Hydro, Telephone, Cable $ Property Transfer Tax -Refer to your lawyer for details...