Jason Balewski 's blog
In April 2017, the Government of Ontario introduced the Non-Resident Speculation Tax (NRST), which is applied to foreign and non-resident property buyers as a measure to control the real estate market in the Greater Toronto Area.
This is a great article written by fellow Landlord, Investor and Broker, Chris Seepe
What does the term "The Unbankable" mean?
Recently there are some new struggles trying to save up for a full down payment or to pay off extra debts in order to buy a property. My mortgage broker Roberto Pelaccia works with potential home buyers to achieve ownership. Here's some helpful information provided by him regarding our Cash Back / Down Payment Assitance option:
As you may have read by now, the Bank of Canada has officially shifted their rate outlook to remain low or unchanged until 2023.
When buying your first home, don't leave money on the table! Take advantage of the programs and incentives offered by the federal government that can help you achieve your new home.