Tag: new home

5 Ways You Can Buy A House Right Now

I speak with people all the time who want to buy a house but can’t seem to quite make it happen. With interest rates at an all-time low right now, there has never been a better time to get your foot in the market. For most people, buying is actually less expensive than renting. For instance, a mortgage on a…

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 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…

How much is needed for down payment on house?

  If you’re planning or thinking about buying a house, one of your biggest questions is likely regarding the amount of down payment you will need to save.   How Much Down Payment? So, how much is needed for a down payment on a house? Well, as with anything in real estate, there is no single answer as how much…

How much down payment / deposit do I need for a house?

   In real estate, a down payment and deposit are two separate things.   Deposit vs Down Payment A deposit is an amount a Buyer pays when their offer to purchase a property is accepted by the Seller (or sometimes when the offer is submitted). The deposit is held in a trust account (usually the listing brokerage’s trust account) until…

How much does a home inspection cost?

  Money Well Spent Having a professional home inspector do a comprehensive home inspection on a property before you purchase it is almost always recommended. It is money well spent and worth the peace of mind.   Cost In this market, a home inspection costs about $350-$500. Your inspection includes a physical exam by the inspector of the whole house,…

Real Estate Representitive in Midland, Penetang, Tay and Tiny