If you’re looking to enter the Toronto real estate market as a first-time buyer with limited funds you’ve come to the right place. Below we share more details on how to get the most out of your limited budget.
Debt service ratio is one of those interesting financial words that gets tossed around a lot without a clear definition. Don't worry, debt service ratios aren't too difficult to comprehend.
Starting June 1st, 2021, it’ll be harder for new and renewing mortgage borrowers to qualify for their home loan with the new mortgage stress test rules - a higher threshold for the “stress test” has come into effect.
The First-Time Home Buyer Incentive is designed to help you buy a home and lower your monthly mortgage payments. There have been some new changes to accommodate people as the Toronto Real Estate market has reached an all-time high.
Buying a condo in your twenties is a great long-term investment and will benefit you in the future. You'll be able to stop paying those monthly rental fees and instead start building your own equity over time.
Getting pre-approved for a mortgage should be one of your first steps in the home buying process. Getting a pre-approval in place earlier will benefit you in the long run and allow you to confidently find your dream home.
When trying to sell a home in Toronto, which is better: virtual staging or physical staging? Here are the pros & cons of each so you can decide for yourself.
Buying a home is the largest investment you’ll make in your life so being aware of factors that could decrease your property’s value is essential before you buy. In this article we list different things to consider when you are buying or selling that can affect the value of your home:
Getting a new mortgage to replace your current one is called refinancing. People refinance their mortgage to take advantage of lower interest rates, cash out a portion of their equity, or to reduce their monthly payment with a longer payment term.
