While the affordability of local real estate, property tax, and neighbourhood amenities are obvious considerations, there’s one oft-overlooked factor that can add thousands of dollars to your closing costs: land transfer tax.
With rising interest rates and the stress test, renewing your mortgage can be a stressful time, and you’re likely growing more concerned over your household debt. That’s why we want to share a few tips to help manage your debt and get back in the black.
Legalization day is officially upon us – Canadians can now buy and consume cannabis, as well as grow up to four plants within a private residence in most provinces, under the newly-minted federal Cannabis Act.
However, while it’s no
If you’re like most renters, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it when you’re not even permitted to bang in a nail or two without a hassle.
If you currently own a home, you should look into a home equity line of credit. There are a number of reasons why it would make sense for you to take advantage of this product that most major lenders offer.
Last year, we provided a pretty thorough breakdown of what closing costs consist of when buying a new home in the Greater Toronto Area. Many buyers are unaware of what fees are due upon closing, and guess what? There’s more.
You cut corners and scrimped for years to come up with that down payment – but your saving days are far from over once you’ve achieved homeownership. In fact, you’ll need to take your commitment to socking cash away to a whole other level.