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Tag Archives: first time home buyers

Buy your first condo in Toronto for free

I get a lot of questions from buyers asking me about how they can purchase their first home with low downpayment or no money. Well, in this video, I talk about a grant that is available for first time home buyers that can take advantage of this information and purchase their first home or condo in Toronto for free. The …

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Infographic: How First Time Home Buyers Enter the Market

Curious how people are able to enter the housing market when prices are soaring? RateHub created a handy infographic illustrating the creative ways that Gen-Y home buyers are able to finance their down payments. BuzzBuzzHome explains, “First-time home buyers have more than a few tricks up their sleeves for affording a home on a tight budget. Using data from Genworth …

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BMO Report Reveals One-Fifth of First-Time Home Buyers Choose to Wait

One day before the anniversary of Jim Flaherty’s government-insured mortgage rule adjustment, the Bank of Montreal issued a report that illustrates the impact these changes have had on first-time home buyers in Canada over the past year. The new rules — first introduced July 9th, 2012 — reduced the maximum amortization period to 25 years and lowered how much Canadians …

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Why Buying a Home May Be More Expensive Than You First Thought

Earlier last week, columnist Rob Carrick of the Globe and Mail discussed the types of expenses home owners face when purchasing and maintaining a property. To the surprise of many, it is much more complicated (and much more costly) than making mortgage payments and settling property taxes. First-time home owners are dismayed by the fact property prices have risen above the …

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Canadian First-Time Home Buyers

According to a recent report from the Bank of Montreal, the average age of a first-time home buyer in Canada is 29.  Of these young home buyers, the majority expect to make a down-payment of approximately $48,000 (roughly one-sixth of a $300,000 home).   These statistics vary by region, province, and city – these are only the national figures.  For provincial …

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I bought a brand new home! When do I sell this one?

“We just bought a new home from the builder and we were wondering when is a good time for us to list our property?” I had received a new question in one of my online real estate advise threads from another satisfied purchaser of a new home who were looking forward to moving in their new home and wanted a semblance of …

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Testimonial – David Black

I recently had the opportunity to help David with his first home purchase which was an amazing experience for both of us. David contacted me through an online advertising for our listing and wanted more information. The property was SOLD already hence I couldn’t help David purchase that particular property but we stayed in contact and met up to talk …

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Testimonial – Laura and Sylvain

I had the opportunity to met a wonderful couple at one of our open house who were looking to purchase their first home.  We had a lovely conversation about the property which they really liked and they ended up purchasing it from our sellers.   Following are their kind words that they expressed relating to our service. Hi Addy;I wanted to …

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