Articles for first-time buyers

Never purchased a home before? Worried about getting approved for a mortgage? Wondering how to dot the i's and cross the t's? The answers are here. 

couple shopping home online Tips and tricks: The top 5 websites to find your next house October 28 2016 | by Nathalie Champoux You could rent a helicopter and travel around the province two or three times, but there is an easier (and less expensive way!) to find the perfect neighborhood and the luxury home of your dreams. Here are our top websites. black board and books How can you reconcile student debt and a mortgage? September 28 2016 | by Denis Doucet Many millennials who are looking to get their first mortgages are also facing student loan repayments. How can you reconcile both? Is it better to pay off your student loans first before buying your first home? Or should you reduce your debt payments and start investing in your RRSPs? Walk Score unveils the most walkable neighborhoods September 28 2016 | by Nathalie Champoux Founded in 2007 by Mike Mathieu and Matt Lerner, Walk Score evaluates the walkability of various properties and cities across the United States, Canada and Australia. The scores that are attributed prove to be exceptionally useful for people looking to live in areas where walkability, access to public transit, better commutes and proximity to services is key. With Condos – do your homework before buying August 26 2016 | by Denis Doucet The condominium concept is synonymous with the term collective responsibility and interests. Buying a condo means you also share assets with the other owners. This includes any cost obligations as well – which can surprise a new owner if they are not fully prepared before signing your promise to purchase. On the road to buying a condo August 26 2016 | by Denis Doucet Here are 4 important steps to help ensure the odds are always in your favor when buying your future condo. Buying a condo: take the righ approach August 26 2016 | by Denis Doucet In recent years the condominium or condo market has been exploding in popularity. Affordability, low maintenance, and the thought of an easy no nonsense condo lifestyle are attracting prospective buyers in record numbers. However, when it comes to taking the big step of condo ownership, it’s better to be safe than sorry. house with flower box Are the suburbs really less expensive? August 18 2016 | by Denis Doucet The choice of buying a home in the city or suburbs is based on personal aspirations; however, some factors need to be taken into account before making such a significant purchase. couple Buying a property: follow the guide! July 20 2016 | by Denis Doucet Buying a home is one of the most important decisions you’ll make in your lifetime. Asking yourself the right questions to make the best decisions along your homeownership journey is key to maximizing your investment. HOUSE First home and financing: A quick starter guide July 12 2016 | by Denis Doucet Before jumping into buying your first home, you should analyze certain aspects of your project, particularly regarding how much funds you have readily available. Here are some other important factors to take into consideration before becoming a property owner: obtaining a pre-authorized mortgage and credit checks. couple in front of a house An accurate picture of first-time home buyers by CMHC July 6 2016 | by Denis Doucet During spring 2015 in Canada, CMHC has conducted a survey with 788 first-time home buyers. We now show you the highlights that came to our attention.