Land Transfer Tax
Land transfer taxes are one of the closing costs you must budget for when purchasing a property. They are provincial or municipal taxes that must be paid in full prior to closing on a property. Anyone who purchases a property […]
Let’s talk about Down Payments
For homebuyers, saving up the required down payment is often the most challenging part of buying a home. This is especially true for first-time homebuyers who don’t have the equity or proceeds from a previous house’s sale. Once you’ve saved […]
Today’s homeowners are paying off their mortgages faster!
Housing prices are breaking records across the country and we expect them to continue to rise throughout the warm summer months. If you’ve been waiting for the so-called bubble to burst, now actually might be the best time for you […]
Thank You for TWO Readers’ Choice Awards !!
To say I’m grateful is an understatement. Having the privilege and the honour to work with so many people and so many families during the past 14 years of brokering, is a gift that I have not taken for granted. […]
Why are so many houses being Sold Over Asking?
The housing market is HOT right now. Prices are high, interest rates are low, and houses are selling quickly. We’re also seeing a record number of properties still being sold well above their listing price. If you take a look […]
Updates to the First-Time Home Buyer Incentive Program
The Government of Canada announced that beginning this Spring, changes were coming to the First-Time Home Buyer Incentive Program for qualifying buyers in three of Canada’s most expensive housing markets. What is the First-Time Home Buyer Incentive Program? The First-Time […]
What happens if you put down less than 20% on a house?
In Canada, we can provide mortgage financing to qualified homebuyers with down payments as low as 5% down. With less than 20% down, the mortgage is now insured against default. Mortgage default insurance can help buyers purchase a home and […]
The Mortgage Approval Process
The thought of how to get a mortgage can seem like quite a daunting task at first. But we’re here to break it down a bit more in detail and explain the process of what happens from the time you […]
Should You Do A Year End Financial Audit? YES!!
At the end of the year, especially this year, you are likely in a very different position than you thought you would be. All of us have had to adjust our plans and budgets to deal with the pandemic changes. […]
3 Positive Actions to Improve Your Financial Health
Most people can think of several things they would rather do than get close and personal with their finances. I get it – it isn’t the most exciting activity out there! However, understanding your finances leads to building the financial […]