Becoming a homeowner: a guide to buying your first home
Our experts offer advice on how to make home ownership a reality, covering topics from down payments to pre-approved mortgages to the Home Buyers’ Plan.
Becoming the owner of a first home or condo is something you’ll need to think about and plan for, but that comes with a lot of benefits. Buying a first home not only means planning for the future, never paying rent to someone else again and owning your own personal domain… it can also prove to be a very attractive investment.
However, becoming a homeowner also means understanding a bunch of things that may not be familiar to you: down payments, pre-approved mortgages, the Home Buyers’ Plan, etc. Fortunately there are tools available to you, and experts ready to help you through every stage on your way to the notary, and on to moving day!
Until then, here’s everything you need to know when it comes to buying a first home or condo. Learn about the unavoidable expenses you need to plan for, tips on how to raise a down payment, details on the Home Buyers’ Plan (HBP), the steps towards securing a mortgage as well as the risks that come with owning a property.
Buying your first home or condo is a life event you need to plan for carefully, before you start planning your housewarming party!
How to save for the down payment of your new home
You’ve made one of the biggest decisions of your life and decided to become a homeowner. In the following article, you’ll learn all about the 20 percent down payment rule and get tips on how to come up with the cash, from careful budgeting to the Home Buyer’s Plan.
Buying a home with the HBP, how does that work?
Getting to know the eligibility requirements and the withdrawal and repayment terms of the HBP and taking full advantage of this option can give you a huge boost when it comes to buying your first home.
10 expenses to keep in mind when buying a home
While most people focus on the down payment you need to buy your first home, there are other expenses that tend to get forgotten. Here's a roundup of 10 key expenses—amounting to two to three percent of the value of your home—that you don't want to underestimate.
5 things you should know when you buy a house as a couple
So you’ve just found the perfect home for you and your partner. Congratulations! Whether you are married or living common law, here are 5 things that any couple that wants to get the most out of their new life as owners should know.
Everything you need to know to get your first mortgage
Before rushing off to buy your dream house, you need to know whether you can afford it. How can you make sure that you'll be pre-approved for a mortgage? Read on to let us guide you through this essential step of home ownership.
3 tax credits and refunds for new homeowners
Tax season is in full swing. Find out which tax credits for new homeowners you could be eligible for.
