| Welcome to Stewiacke, Nova Scotia, Canada and | | | | property you are considering lies outside the |
| the beautiful winding river valley. Agricultural views, | | | | Town Limits, then your deed transfer tax is |
| fresh water fishing, awesome hunting, and located | | | | based on the Colchester County rate, which is |
| within 30minutes of the Halifax International | | | | presently 0.75% So again, using the same |
| Airport. The first question you have to ask | | | | purchase price of $100,000 x.0075 = $750.00 |
| yourself? Are you in the Town of Stewiacke, | | | | When you are scrambling to get your funds for |
| Upper Stewiacke, Middle Stewiacke, or elsewhere? | | | | closing together, that difference of $250.00 can |
| As a first time home buyer looking in these areas, | | | | make quite a difference, especially if you were |
| you must first be made aware of one major | | | | not prepared for it. |
| difference. Purchasing property in Nova Scotia | | | | When investing in real estate, especially as a first |
| requires the buyer, in most cases, to pay deed | | | | time buyer, personal knowledge of your desired |
| transfer tax on closing. The rate varies, depending | | | | area is key to ensuring a smoother, much less |
| on the municipality, but in the area's of Stewiacke | | | | stressful transaction. Connecting with a realtor |
| it gets a little trickier. | | | | who is familiar with the areas where you are |
| The Town of Stewiacke carries a deed transfer | | | | doing your home hunting is an integral part of any |
| rate of 1.0% of your purchase price. For simple | | | | successful real estate sale. Questions in regards to |
| math, we will use a purchase price of $100,000 | | | | schooling, transportation, and amenities are all |
| x.01 = $1,000.00 which is required to be paid on | | | | areas of expertise that you can count on your |
| closing (along with your additional costs) If the | | | | realtor to know. |