Protected park lands, walking trails, waterfront views and picturesque sailboats on the Basin make Bedford an attractive place to live. When you choose to live in beautiful, upscale Bedford, you'll be right on the shores of Bedford Basin. Bedford is primarily made up of middle-class professionals, and is located in the heart of HRM activity. Near to Halifax International Airport, you can also reach Dartmouth and Halifax from Bedford without crossing any bridges, making it an easy-to-reach bedroom community.
Before you close on your new home in Bedford, be aware of closing costs, particularly if this is your first time buying a house. Closing costs are generally between two and three percent of the total price of your home. A good faith deposit upon acceptance of your offer is also generally given--a minimum is usually $1,000. If you have made a down payment of less than 25 percent, you are required to purchase mortgage insurance. It's administered through the Canada Mortgage and Housing Corporation or GE Capital Mortgage Insurance Company, and is between 1.5 percent and 3.25 percent of your mortgage loan. |