first time home buyer refers to a person that is buying a home when has not own one in the past 4 years at least
Ontario Land Transfer Tax is charged to the home-buyer and applies whenever a land or an interest in land in Ontario is purchased, The applicant buyer pays the Ontario’s land transfer tax at the time of purchase, the term “land” includes any buildings, buildings to be constructed, and fixtures (such as light fixtures, built-in appliances, and cabinetry)….
The following may help you get a more realistic expectation on a rental mortgage program and how you can speed up the process and benefit sooner from the investment of that second home (not owner occupied) or third or even fourth home. Purchasing a second home is not the same as buying your first home,…
Be prepared for your mortgage Anticipating for your coming mortgage renewal, refinancing or home purchase will always pay off, it’s a smart decision and an excellent financial practice. Since you are not in control of all the factors that affect your future transaction, it is most convenience to stay ahead of the curve. Unless you…
Economists officially define a recession as two consecutive quarters of negative growth in gross domestic product (GDP). This is a significant decline in economic activity spread across the entire country. A short analysis of how recession might affect our families and the positive perspective at the end of all But, how does affect you as…
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