How can First Time Home buyer own a property in this market?

Tuesday Mar 12th, 2019

Share
225 Webb Dr, Unit 2011, Mississauga, On

Even though we are seeing some leveling in prices, real estate market affordability in GTA is drastically down. Therefore, First time home Buyers, including young people that just are trying to leave their parents nest and newcomers, are being offered little-to-none, if they would like to buy a house, or any freehold property. To afford even a freehold townhouse, in most of the GTA, will be in 700’s and how many single people, or families that rely on one income can really qualify for... [read more]

Home Inspection, Why and When?

Friday Oct 12th, 2018

Share

Home Inspection, What, Why and When? Home inspection is a process of inspecting a home, by a qualified home inspector, prior to the purchasing a property.  Once Buyer and Seller come to an agreement, in most cases, there will be a conditional clause, that will allow Buyers to obtain a home inspection and to satisfy that condition. The Home inspector will check all major points including, but not limited to, furnace, air condition, roof, attic, foundation, all... [read more]

What is a Deposit and when do you need it?

Thursday Oct 11th, 2018

Share

What is a deposit and when do we need it? Deposit is firstly, sign of a good faith and sincerity by a Buyer to purchase property and secondly, it represents part of the downpayment and is part of purchase price for the property. There is no mandatory amount for deposit but, the higher amount it is, more serious Buyer is. Deposit is usually made in two ways. One is “at the earliest opportunity and up to 24 hours after acceptance of the offer (with some... [read more]

READ MORE