Knowing what you can afford is the absolute first step to buying a home in Collingwood or the Blue Mountains. You don’t want to go looking for homes and come up empty-handed because you thought you could afford more than you actually could! When it comes to mortgages, a stress test is a way of […]
The Down Payment Assistance Program was launched by the Blue Mountains Attainable Housing Corporation to assist first time homebuyers.
November 30th marks the date when the new “stress test” is enacted for high ratio mortgages. The new criteria will affect first time buyers and home owners wishing to finance their home with less than a 20% down payment. This move by the Federal Government is just one of a few more changes that will […]
First-time homebuyers are eager to get out of their parent’s homes or stop renting and purchase their first home. The problem with eagerness is that it can easily lead to mistakes and these mistakes can be costly. Not getting a home inspection You’ve found a home in Colllingwood you love and you aren’t going to […]