October 2024

When Considering the Purchase of a Condo vs  Freehold

Posted on Oct 26, 2024


When Considering the Purchase of a Condominium vs Freehold Property

When considering the purchase of a condominium versus a freehold property, it is essential to evaluate the pros and cons of each option based on factors such as ownership rights, financial implications, lifestyle preferences, and long-term investment potential.

Condos: Pros and Cons

P...

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New Mortgage Rules Beginning Dec. 15th

Posted on Oct 21, 2024



New Mortgage Rules Beginning December 15th

We have more clarification of the new mortgage rules being implemented on December 15th.

1.  The 30 year amortization is available for ALL first-time home buyers, provided at least one person is a first-time buyer.  
Definition of First Time Buyer – never having owned, if you have not owned for 5 years or longer...

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