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condo down payment

Condo Down Payments in Canada – Fully Explained

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Condo Down Payments in Canada – Fully Explained When buying a condo in the dynamic Canadian real estate market, it is important to demystify down payments so that you can make informed decisions. 5% down payments are the entry point for first-time homebuyers, while conventional practice dictates that most banks require a 20% down payment […]

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Who can gift money for mortgage down payment in Canada

Who can gift money for mortgage down payment in Canada

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Who can gift money for mortgage down payment in Canada Getting help from family for buying your first home has become increasingly common in Canada. Last year, a large amount of Canadians (nearly 30%) received funds as gifts for their down payment from parents.  The latest report by CIBC found that financial gifts have increased […]

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bully offer

What Is a Bully Offer?

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What Is a Bully Offer?  Introduction: A bully offer is mostly popular among buyers seeking to secure a property quickly without getting into a competitive bidding war with other potential buyers.However, does the acceptance of a bully offer always benefit both sellers and buyers? How can a real estate agent protect you ( the seller […]

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FREEHOLD vs LEASEHOLD

Leasehold vs Freehold: Understanding the Differences

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Leasehold vs Freehold: Understanding the Differences Choosing between a leasehold or freehold property is one of the most important decisions you’ll make when buying a home. Both types of properties have advantages and drawbacks of their own. In order for you to make an informed choice when it comes to buying a property, this article […]

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condo buying checklist

Condo Buying Checklist – Full Guide

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Condo Buying Checklist  Buying a condo rather than a house is very popular among buyers these days since it comes with so many advantages that can not be disregarded such as being practical and accessible to the amenities we need, not requiring maintenance and many others. This article will be your road map if  you […]

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