You’ve made the decision to buy your first home. Congratulations! This is a very exciting time for you! Finding your dream home should be an enjoyable experience. Yet, in today’s busy real estate market there are so many elements to consider when purchasing a home. Written with the experience of today’s real estate market, these
Since 2018, all Canadian home buyers getting a high-ratio mortgage were subject to a mortgage stress test – the test applies now to ALL mortgages. Regardless of your actual mortgage rate, everyone has to qualify using a stipulated rate. The current stress test rate is 5.25% effective as of June 1st, 2021 Here’s how it
This article is probably one of the most important pieces you’ll ever read about truly building wealth through real estate. Buying a home, whether it’s your starter home or your dream home, is THE most important foundational piece of your financial plan. There will be no other purchase that impacts your present and future financial
When you’re ready to buy a home in Etobicoke, there are a few critical steps you can take to make a smarter purchase. Not only is your home one of the biggest investments you’ll ever make – but you actually have to LIVE there too. Make sure that this purchase isn’t one you regret with
Now we get to the fun stuff! We have found the right home and it is time to negotiate! My goal is to help you buy the right home at a price that is right for you. When we make an offer, the seller really has 3 choices, he or she can: Accept the offer
There is probably a long list of things you need and things you want in your next home. But putting them all on a single list would be a mistake. Why? Because buyers who separate what they need from what they want are much more likely to find a home that meets all their requirements.
A home inspection is a vital part of the buying process. It protects you from unknowingly purchasing a house that has serious deficiencies – and thereby turning what was initially a dream home into a nightmare. So what actually happens during a home inspection? Here are a few snapshots of what to expect. There is