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...
The Benefits of Being a First Time Home Buyer Being a First Time Home Buyer is an amazing accomplishment that comes with many responsibilities and incentives. Discussed in our previous blog The First Time Home Buyer’s Incentive Plan otherwise referred to as the...
Rent to Own Mortgage A Rent to Own contract could be the answer for someone who is renting but is also having a hard time getting their down payment together. Rent to Own contracts usually are between 1 and 5 years long and can give the client the time they...
Banks VS Credit Unions Finding somewhere to trust with your life savings and all personal information can be a big decision. Two of the most common types of facilities that are around to help are either Banks or Credit Unions. Banks VS Credit Unions… What is...
Mortgaging a Property via Assignment Mortgaging a property via assignment is a contract provision included in some real estate transactions that allow the buyer to resell or transfer a property to another buyer before the deal’s closing date. As one of...
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