In an ideal situation, I have some time upfront to work with clients on their mortgage pre-approval.

I like to go over what to expect in terms of both the process and what to expect in terms of closing costs when they have an accepted offer on a home. We usually talk about potential expenses like the property transfer tax, an appraisal, a home inspection, home insurance and legal fees.

At his time of year, we also talk about upcoming property taxes for anything they are purchasing before July 1.

I think human nature is such that we want to minimize our expenses and make sure we are getting the most bang for our buck.

There are a few areas of cross-over where I anticipate a client’s realtor will be speaking to them about items like the requirement to organize home insurance and the importance of a home inspection. In practice, I think most realtors encourage their buyers to move forward........

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