Individuals use mortgages to make large Real Estate purchases without paying the entire purchase price up front. In this article we explain important factors to consider when you are looking to purchase a home.
Low rent prices in Toronto continue to see a downward trend while average home prices hit an all-time high.
Smart budgeting is imperative when you are looking to buy your first home. Planning ahead of time ensures that financial bumps will not detour your home ownership plans.
Buying or selling a home will be one of the biggest transactions of your life. With such an important transaction, there are many factors that need to be considered such as negotiations, price guidance, emotional help, etc., and this can be a long, complex and stressful process if you do not have the right guidance.
Owning a recreational property in the summertime is every Canadians dream. Although it is a big responsibility, cottage ownership is becoming increasingly popular. There are factors such as mortgages, maintenance and extra taxes that need to be considered but if you are looking in a good area and invest in the right property with potential, it is possible to see a great return on your investment.
Over the last decade, buying a second property has become much more popular for middle-class Canadians. Purchasing a second property is a decision that requires thoughtful planning to figure out if it is a viable option for you. Whether it is an investment property, vacation home or cottage - the epitome of the “Canadian dream”, it is important to understand what purpose your second property will serve.
The First-Time Home Buyer Incentive is geared towards middle-class first-time home buyers. It is designed to help you buy a home and lower your monthly mortgage payments. It is a shared-equity mortgage with the government, meaning that the government shares in the upside and downside of the property value.
CMHC, Canada’s largest mortgage insurance company has announced a tighter mortgage borrowing criteria to begin on July 1, 2020.
Whether you're a landlord or a tenant, what are the rules around selling a tenanted property in Toronto? We've got all you need to know.
There are many reasons why assignment condo sales are a good opportunity for everyone involved. This article analyzes why buying a re-sale investment condo is less advantageous in the current market, what an assignment condo sale is and why it’s a great time to be looking into assignment properties in your area.