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
- Pride of Ownership
- Pay off your own capital and Mortgage interest
- Property usually builds equity over time
- Greater Privacy
- Can easily borrow money as low as interest rate against home equity plan as you need.
- Buying home like “forced” money saving plan
- Take advantage on capital gain tax deduction
- Upgrade your home as you want
Disadvantage of renting home
- No pride of Ownership
- Pay off landlord’s capital and Mortgage interest
- No equity builds up, no matter how long you stay
- Partial Privacy
- Cannot borrow single penny against landlord property
- Renting home like “forced” money losing Plan
- No capital gain tax advantage
- 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?
- 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.
