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First Time Home Buyer in QUEBEC- Full Guide Have you finally decided to make a big move and started looking to purchase your very first home? First off, congratulations! Buying your first property is undoubtedly a huge milestone. Purchasing a home for the first time can be daunting and feel like a foreign process, but […]
How much money do I need to buy a house in Quebec? The process of buying a house in Quebec has become easier and more attainable recently due to changes in legislation – such as the new mortgage rules for first-time buyers, which we will touch on later. This is great news for those of […]
Can foreigners buy a house in Montreal? In order to stabilize the housing market and make it more affordable, Canadian government will impose a 2 year ban that will prohibit foreign investors from buying a property in Montreal. The ban will take effect starting January 1 2023. Temporary residents such as people on work permit, […]
Cost of selling a house fast in Quebec Selling your home fast in Quebec comes with a few important costs that you should be aware of, in addition to the costs of making your property attractive to buyers. These costs include the fees associated with listing your home, as well as the fees associated with […]
Who regulates real estate agents in Quebec? In Quebec, the real estate industry is regulated by the provincial government. real estate agents must have a license to operate in the province, and they must follow certain rules and regulations. If you’re thinking of hiring a real estate agent to help you buy or sell a […]
How much tax do you pay when you buy a house in Quebec When you buy a house or property in Montreal, you are required to pay a property transfer tax also known as welcome tax. The amount of tax you pay is based on the value of the property. The tax rate is: 0.5% […]
How much is a downpayment on a condo in Montreal? There are several things to consider when trying to calculate a downpayment on a condo in Montreal. When looking to purchase a condo in Montreal, one of the first questions you’ll ask is “How much is a downpayment?” Several factors come into play when calculating […]
Working With Buyers Agent | Full Guide Since I work with quite a lot of buyers in Montreal and surroundings I thought I would put together a full guide that will give you all the details on how it is like to be represented during a real estate transaction by a buyer’s broker, the advantages […]
By ALP PEREZ in Uncategorized with 0 Comments
What is Welcome tax? The “welcome tax”, also referred to as the “property transfer tax”, is an amount collected by a municipality when a property located within its borders is transferred. This tax allows municipalities to generate revenue from real estate transactions within their jurisdictions. The funds generated from the tax are used to support […]
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