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How to buy a house to rent out

Investing in real estate is not only a great way to invest in your future, but it can also be a source of income. If you are thinking about buying a house with the goal of renting it out, here are a few tips:   Work with an Expert: When looking for a house to buy as a rental, work…

How to buy a second house

A Great Investment Real Estate is one of the best investments you can make. If you are thinking about buying a second home or income property, you should first consider what you plan to use the property for. Will it be a cottage? Will it be a property you rent out? Will it be a property you flip? Will it…

How to get a loan to buy a house

For most buyers, whether it’s your first home or not, the reality is that you will need to get a mortgage to buy the home. Luckily, the process is usually a lot easier than many people expect.   1. Gather Documents Before you apply for a mortgage, you will want to take the time to gather some documents that your…

What are the steps in buying a house?

  1. Wishlist When you start to think that you are ready to buy a home, whether it’s your first home or you’re moving up, or you’re downsizing, the first step to buying is thinking about a “wishlist” for your new home. You want to have an idea of what you think that you’re looking for and your ideal timeline.…

How can I buy a cheap house?

  Most Buyers are looking for a deal when shopping for houses. If you’re looking to buy a cheap house, or a house that is below market value, here are some tips.   1. Look for houses that have been listed for a long time. In some cases, Sellers are more willing to negotiate the price if they have been…

How much will it cost to sell my house?

  If you’re thinking about selling your house, cottage, or property one of your biggest questions is likely about how much it will cost you.   What Type of Property Are You Selling? There are various fees and costs associated with selling any property, however they may not all apply to you. The best way to get a real idea…

How much tax do you pay when you sell a house?

   When selling a house, there are many things to consider. The good news is that if the house you’re considering selling is your primary home and you’ve owned and lived in it for at least a year, you probably don’t have to pay any extra taxes on it when you sell.   HST and Capital Gains The two most…

How much is my house worth?

  There are several factors when determining how much your house is worth. Homes are like people, every single one is different. If you have an idea of what homes in your neighbourhood are selling for, that will give you a very rough idea of the range that you can expect.   The Truth The truth is, without seeing your…

How much is land transfer tax?

  Who Pays Land Transfer Tax Land Transfer tax is a provincial tax that applies to every property purchased in Ontario. Any buyer who is purchasing a property pays the Land Transfer tax. In some municipalities (such as Toronto), you will also be required to pay a municipal land transfer tax in additional to the provincial tax. There is no…

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