Buying

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.