Please take a look why you need to think and to take an action now to buy home:
ADVANTAGE ON BUYING V/S RENTING:
|Advantage of buying home||Disadvantage of renting home|
|Pride of Ownership||No pride of Ownership|
|Pay off your own capital and Mortgage interest||Pay off landlord’s capital and Mortgage interest|
|Property usually builds equity over time||No equity builds up, no matter how long you stay|
|Greater Privacy||Partial Privacy|
|Can easily borrow money as low as interest rate against home equity plan as you need.||Cannot borrow single penny against landlord property|
|Buying home like “forced” money saving plan||Renting home like “forced” money losing Plan|
|Take advantage on capital gain tax deduction||No capital gain tax advantage|
|Upgrade your home as you want||Cannot upgrade anything without landlord’s consent|
NOW IS TIME TO BUY HOUSE BECAUSE:
- Interest rates are extremely low
- Affordable mortgage plan available
- Use RRSP money for down payment without paying tax as a first time buyer.
- Get advantage right way total $5725 rebate (PLTT $2000 and MLTT $ 3725) in land transfer tax as a first time buyer.
PLEASE CALL ME TO KNOW AS FOLLOWS:
- How much you need down payment and closing cost?
- How much you need monthly payment to pay mortgage?
- How much you need monthly payment to utility and city tax?
- How much money you monthly saving?
v How much will be equity and capital gain after five years?
ONLY 4 STEPS TO COMPLETE THE BUYING UR DREAM HOME:
- To find your dream home
- To conduct the home inspection
- To arrange the Mortgage
- To close the deal by your own Lawyer.