Info for Buyers

Tax-Free Savings Account (TFSA): Any interest or investment earnings earned inside this type of savings account does not incur tax. So let's say you earn…

The down payment is the amount that you, the buyer are paying in cash for the house. If you put a deposit on the house…

The Buyer has made an offer and the seller has accepted. The Buyer must now complete a number of tasks to ensure success. Deposit: First,…

I get asked this question a lot by Buyers:  Which of the costs associated with a house purchase must be paid up front? Deposit -…

The Buyer has confirmed his/her financial position and is now ready to start looking for a home. 1. Determine your Needs Make a wish list…

Before you begin serious searching for a home, you need to make sure that your finances are in order. Will you be able to get…

Buyers are asked to choose between Mortgages that are closed or open, fixed or variable, long or short term. What does it all mean? Open…

The most common ongoing expenses for a house owner are: Mortgage Payments: If you've taken out a mortgage, there will be mortgage payments. Property Taxes:…

When Buying an old house, the Buyer must be aware of potential issues that crop up when trying to insure the property.  It is best…

Closing costs are those additional expenses that are due when you complete the purchase of your home. In addition to the downpayment, the buyer must…