Blog
Important Tips for Buying a Pre-Construction Condo
Bekkhu Buyers, Condominiums, First Time Home Buyers, Investors
Buying a condominium before it is built is a lot different than buying a resale condominium. It is important to have a good understanding of these differences, so you can make the best-informed decision as to whether it is the best option for you. The Down Payment and Schedule While you may be able to […]
Ontario’s New Standard Lease
Bekkhu News/Market Updates, Renting
Finally! Ontario has a new standard lease document. Staring April 30th, 2018, most residential tenancies must be entered into using this form. Exceptions include care homes, sites in mobile home parks and land lease communities, most social housing, certain other special tenancies or co-operative housing. This is great news for everyone as the form is […]
Are You Stressing Over The New Mortgage Stress Test 2018?
Bekkhu Buyers, First Time Home Buyers, Investors, News/Market Updates, Sellers
With interest rates on the rise, new rules have been implemented to go along with it. The new mortgage stress test was put in place on January 1, 2018. While the mortgage stress test in October 2016 only affected those who require mortgage insurance because they were putting a down payment of 20% or […]
Don’t Forget the Closing Costs!
Bekkhu Buyers, First Time Home Buyers
Many first-time home buyers do not take into consideration all the closing costs associated with purchasing a property. The following is a brief list of the closing costs you can expect to pay. Remember that every situation is different. This list may not cover all the costs you will need to pay for your specific […]
Rising Interest Rates, Now What!?
Bekkhu Buyers, First Time Home Buyers, Investors, News/Market Updates, Sellers
Can you imagine a 21 % interest rate!? I definitely do not want to, but the reality is that in 1981, interest rates were 21%! That means that even if your house cost $150-200,000 you would be paying more than $2,000.00 per month on your mortgage back then! You could buy close to a half […]
January 2018 Market Review
As you have probably heard all over the news, this year has started to look very different from last year. With all the negative news out right now on the real estate market it is easy to get discouraged to participate in the market this year. Let me break down the facts and give you […]
First-Time Home Buyer Plans in Ontario
If you are a first time home buyer there are a couple of rebates/tax credits available to you which are important for you to know about, this way you can plan accordingly. First-Time Home Buyer Tax Credit This tax credit is designed to help with your closing costs Currently the rebate usually comes up […]
First-Time Home Buyer Tips
Bekkhu Buyers, First Time Home Buyers Buyers, First-time home buyers, real estate, tips
Oh the excitement, nervousness and pressure that comes with being a first-time home buyer. I can remember my experience like it was yesterday. Actually ….. I can hardly remember a thing. That’s because the process felt like I was thrown into water without knowing how to swim yet. It is hectic to say the least. […]
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Important Tips for Buying a Pre-Construction Condo
Bekkhu Buyers, Condominiums, First Time Home Buyers, Investors
Buying a condominium before it is built is a lot different than buying a resale condominium. It is important to have a good understanding of these differences, so you can make the best-informed decision as to whether it is the best option for you. The Down Payment and Schedule While you may be able to […]
Ontario’s New Standard Lease
Bekkhu News/Market Updates, Renting
Finally! Ontario has a new standard lease document. Staring April 30th, 2018, most residential tenancies must be entered into using this form. Exceptions include care homes, sites in mobile home parks and land lease communities, most social housing, certain other special tenancies or co-operative housing. This is great news for everyone as the form is […]
Are You Stressing Over The New Mortgage Stress Test 2018?
Bekkhu Buyers, First Time Home Buyers, Investors, News/Market Updates, Sellers
With interest rates on the rise, new rules have been implemented to go along with it. The new mortgage stress test was put in place on January 1, 2018. While the mortgage stress test in October 2016 only affected those who require mortgage insurance because they were putting a down payment of 20% or […]
Don’t Forget the Closing Costs!
Bekkhu Buyers, First Time Home Buyers
Many first-time home buyers do not take into consideration all the closing costs associated with purchasing a property. The following is a brief list of the closing costs you can expect to pay. Remember that every situation is different. This list may not cover all the costs you will need to pay for your specific […]
Rising Interest Rates, Now What!?
Bekkhu Buyers, First Time Home Buyers, Investors, News/Market Updates, Sellers
Can you imagine a 21 % interest rate!? I definitely do not want to, but the reality is that in 1981, interest rates were 21%! That means that even if your house cost $150-200,000 you would be paying more than $2,000.00 per month on your mortgage back then! You could buy close to a half […]
January 2018 Market Review
As you have probably heard all over the news, this year has started to look very different from last year. With all the negative news out right now on the real estate market it is easy to get discouraged to participate in the market this year. Let me break down the facts and give you […]
First-Time Home Buyer Plans in Ontario
If you are a first time home buyer there are a couple of rebates/tax credits available to you which are important for you to know about, this way you can plan accordingly. First-Time Home Buyer Tax Credit This tax credit is designed to help with your closing costs Currently the rebate usually comes up […]
First-Time Home Buyer Tips
Bekkhu Buyers, First Time Home Buyers Buyers, First-time home buyers, real estate, tips
Oh the excitement, nervousness and pressure that comes with being a first-time home buyer. I can remember my experience like it was yesterday. Actually ….. I can hardly remember a thing. That’s because the process felt like I was thrown into water without knowing how to swim yet. It is hectic to say the least. […]