by Rakhi Madan | Dec 19, 2016 | First Time Home Buyer, Purchases |
I hope that you have read my last blog post on the first 5 steps in the home buying process. Once you’ve read that you’ll be wondering what’s next? Here are the next five steps in the home buying process Step 6 You’ve found a home that fits your budget, checks all the...
by Rakhi Madan | Dec 12, 2016 | First Time Home Buyer, Purchases |
There are few things in life we find as exciting and at the same time overwhelming as starting on the road to home ownership. It’s likely you’ll be the on the receiving end of advice from parents, family, and friends, all of course with the best of intentions. Often...
by Rakhi Madan | Dec 5, 2016 | First Time Home Buyer, News |
It’s a great time to be a first time home buyer in Canada right now! On November 14th the Ontario government announced it’s doubling the maximum Land transfer tax refund, so now it’ll be $4000. This will take effect on January 1, 2017 and will affect more than half of...
by Rakhi Madan | Nov 20, 2016 | First Time Home Buyer, Purchases |
Getting in on a foreclosure can be a great deal for you, but you’ll want to be aware of few things before trying to buy one. First understand that a foreclosure is a home that goes up for sale from the lender, because the owners have defaulted on payments....
by Rakhi Madan | Aug 19, 2016 | First Time Home Buyer, Purchases |
Getting a good pre approval is a very important step in buying a home. Some banks issue pre approvals that are loosely based and more about a rate guarantee. However a good pre approval from a Toronto or Brampton mortgage broker is based on income, so it means you...
by Rakhi Madan | Aug 12, 2016 | First Time Home Buyer |
The size of your down payment will have a large impact on your finances as it will determine your mortgage payment and initial equity in your home. In Canada you’ll save a ton of money in mortgage insurance premiums if you can put down at least 20%. Lastly, the higher...
