First Time Home Buyer Incentive As you have probably heard time and time again, things are expensive. One group that is especially vulnerable to the rise in prices are young adults who are just starting to get a career going and now must decide between high rent...
Choosing a Mortgage That is Right for You When you buy a home, you may only be able to pay for part of the purchase price. The amount you pay is a down payment. To cover the remaining costs of the home purchase, you may need help from a lender. The loan you get from a...
Value of Homes: It has likely come to your attention that the Bank of Canada increased the Prime Rate 0.75% from 2.5% to 3.25% last week. Our most recent blog that we published on September 9th discussed the pros and cons of the prime rate increase as well as...
Real Estate is always a great conversation starter. Earlier this year we did a blog on the statistics of first time home buyers and the challenges that come with being a first time home buyer. Today we are going to discuss the reasons why getting into the market is...
14 Home Purchase FAQs To get an idea of how much you can afford, you’ll need to know your taxable income, along with any outstanding debts and monthly payments. First (for purchasing a principal residence) calculate 39% of your income for use toward a mortgage...
How to Purchase A Pre-Sale Condo Pre-sale condo are brought to the market by a developer before the units are completely built. Buyers can choose to put money down on presales and own the rights to a future home. Buyers still pay the full price, but until the...
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