Blog Post Archive for Tag first-time-home-buyer
More and more, our clients shop online before and during their search for a new home, but there are words and phrases you should keep an eye out for. These are the clues that a listing might require some further investigation.Continue Reading
When buying a home, it's important to have a lawyer review the agreement and handle the necessary registrations. But why does this service cost so much? Is it really worth the money to hire a real estate lawyer for your purchase?Continue Reading
So you want to buy a home, but the sellers' market in Ottawa is creating stiff competition among buyers. How do you find the right property in a fast-paced market without overpaying?
Assessing your finances. Planning for your new expenses is the most important step, no one wants to be “house poor”. Set a budget and figure out what you can realistically afford for a down payment as well as your monthly expenses. The minimum downpayment is 5% of the purchase ...Continue Reading
There is a constant debate about whether it’s better to put 20% or more down on a home or if you have 5% down ready, that you should jump into home ownership. We don’t believe there is truly a right or wrong answer to that. The change in your monthly payments between the two options is typically minimal, especially with your first home, remember, these payments are spread out over 25 years!Continue Reading
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