by Rakhi Madan | Apr 11, 2017 | First Time Home Buyer, Purchases |
When you begin thinking about applying for a mortgage, it is important to discuss your down payment. All homes for sale in Canada require a minimum amount of money be paid before the sale goes through, and this is the down payment. Most buyers are aware that they need...
by Rakhi Madan | Apr 4, 2017 | First Time Home Buyer, Purchases |
Newspaper articles about home buying can be misleading for those who are considering buying a home in the future. Here are the reasons why I advise you to stop reading the newspaper if you want to buy a house: A typical newspaper article might suggest that the average...
by Rakhi Madan | Mar 4, 2017 | First Time Home Buyer, Purchases |
The condominium market in the GTA experienced a record year in 2016, with no signs of slowing down. Strong demand, low supply and rising development costs translate into an average price of $507,128, an 11.9% increase over the previous year. At the end of 2016, 54,731...
by Rakhi Madan | Mar 2, 2017 | First Time Home Buyer, Purchases |
Every homebuyer eagerly anticipates closing day. With the home purchase process completed, ownership of the property transfers from the seller to the buyer – you! Closing date is negotiated as a condition of sale. You’ll typically have several weeks between the date...
by Rakhi Madan | Mar 1, 2017 | First Time Home Buyer, Purchases |
Q. Is today the right day to buy yourself a home or not? A. Today is the right day assuming one has found a specific property that works for them on all levels. This question arises on a near daily basis within our social circles and most of the chatter around the...
by Rakhi Madan | Dec 26, 2016 | First Time Home Buyer, Purchases, Qualifying |
Owning a home and saying goodbye to your landlords is something many of us dream about often. It can seem straightforward to save a down payment, and after you get a raise you might think you’re finally ready. Take Bob, who thought he was doing everything right. Bob’s...