Housing affordability continues to be a thorn in the sides of many Canadians. While the government is introducing some measures to make buying your first home more feasible, time will tell as to whether they actually help. In the interim, however, more and more Canadians are getting creative with ways to break into the housing market. Joint ownership is one way to do it, allowing the owners to share in the up-front and ongoing costs of owning a home, as well as the benefits that...
4 Things to Consider & Look For When Viewing a Home or Open House
Whether you are a first-time home-buyer or a current homeowner looking to downsize, more than likely you will be viewing houses or attending open houses while searching for the perfect home. Regardless of how experienced you are with home buying and home owning, there are always things that are missed when going through the house hunting and home buying process.
Our REMAX Influencers – a panel consisting of REMAX sales associates throughout Canada – have found out some of the top things...
First-Time Home Buyer Incentive Program
The federal governments plan to boost home ownership among middle-class families will start on September 2, 2019. The First Time Buyer Incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with Canada Mortgage and Housing Corporation (CMHC), Genworth or Canada Guaranty, to apply to finance a portion of their home purchase through a form of shared equity mortgage with the Government of Canada. Meanwhile, the Shared Equity Mortgage Provider Fund...