Hello first time home buyers. The process of buying the first home is a very exciting experience, but it can be tasking and overwhelming. In order to encourage home ownership and lessen the financial burden various levels of governments offer credits and incentives for first time home buyer, and they can add up to fairly significant amounts. I would like to explain to you the credits, their benefits, what they are and how to apply for them. There are many requirements and rules that need... [read more]

Pre-construction condos have been popping up all over GTA, and over the past few decades most people have done very well financially by buying pre-construction condos. Assignments, pre-con flipping, investment units have become the staple of condo purchases vocabulary, and majority of owners and investors alike reaped the benefits of buying pre-construction units. The key word is most, not all. Recently at least 9 condo projects in GTA have been cancelled, the biggest of them being... [read more]

You have found a nice and inexpensive piece of land and decided this is where you want to live, perhaps not only is it a great place for you to call home but also a fantastic investment. Great, now slow down, a lot of research should go into the decision making before dumping your hard-earned money into it, as there will be many hurdles to overcome, and many questions to answer: Question 1. Can I build a house on this piece of land? This will depend on several factors, there... [read more]

  You are interested in purchasing a renovated property, this gorgeous house in a great established neighbourhood has been completely renovated top to bottom, it just looks great, and is everything you have ever wanted. Do I have anything to worry about? Yes, one of many items you have to check are the construction permits. CHECK IF THE PERMITS WERE OBTAINED. Why is this important? Most major renovations will require some kind of permit, examples of work requiring... [read more]

February 2024 update. The program has been discontinued, not that many would care or notice since the program has been a complete failure. Original blog. In September 2019 the federal government has introduced the program to assist first time home buyers with a purchase of their home. The program is a bit more complex than the other government incentives I have written about, and deserves to be analyzed and discussed in more detail to highlight not only the particulars of the program,... [read more]