Why Should you take Title Insurance?
Title insurance is growing in popularity in Canada. But what is it exactly? Should you get it? Do you need it? Whether title insurance is right for you is something you should discuss with your lawyer, as it depends on the circumstances of your transaction.
How much Down Payment should I make?
Normally a minimum cash down payment from your own resources is required because mortgage lenders won't advance the entire purchase price of a property. Your minimum down payment would normally be 5% to 10%, however, a recent change in regulations lowered the minimum to 0% for qualified first-time buyers.
A to Z Costs associated with Buying a House
From deposits to moving expenses, and everything in between, buying your first home in Canada involves more than just saving for a down payment. That may be the largest cost, but there are other things you’ll need to plan and budget for.