Buying a home involves both one-time costs and ongoing home ownership expenses. Let’s take a closer look at the one-time costs. These include your down payment, land transfer taxes, legal fees and disbursements including title insurance, mortgage appraisal, home inspection, adjustments for property taxes and utilities, HST on mortgage insurance ...
Continue ReadingAssuming that our upcoming federal election (or anything else for that matter) does not change anything, we can count on the new first time home buyer incentive program to begin accepting applications on September 2, 2019 (with the first available closing date of November 1, 2019). The new incentive will ...
Continue ReadingWatch my June 2019 Market Update Video…. Featuring: how does Durham Region compare to the overall GTA in average home prices? ...
Continue ReadingMoney: What Do You Have and What Can You Borrow? Determining the type of home that you can afford to purchase involves figuring out how much money you have for your down payment and the mortgage loan that is available to you. The down payment is the largest cash cost ...
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