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A secured line of Credit is essentially a low-interest loan that a financial institution offers you against your investments as collateral, generally your own Real Estate property or Guaranteed Investment certificates, etc.
There has been a lot of articles and gray areas around the provision of new First Time Home Buyer Incentive (FTHBI), which is a federal program and has been launched in Canada on Sep 2nd, 2019.
When you are looking to buy a high rise condo as a pre-construction project or by way of an assignment sale which is prevalent these days, we hear a term call Development Charges.
In this article, we will try to explore the most important things which new first time homeowners must be aware of. If you are first time home buyer, these pointers will help you to make a smooth and worry-free transition into your new residence.
This article will address the two major categories of homeownership – Condominium and Freehold. The aim is to dig deep into these two ownership types and describe the differences and what each one has to offer to make an educated buying decision.
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