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Do you know what the minimum down payment is for a condo, a bungalow, a castle, etc?
For the purchase of a condominium, house, or duplex with a value not exceeding $500,000, you must provide a minimum down payment of 5% to proceed with the purchase. If the property's value is between...
Should I take out title insurance or not?
As you might expect, buying a property is one of the most significant financial commitments you will make in your lifetime. And buying a house often involves title insurance. This type of insurance...
Your Dream of Becoming a Homeowner Is Within Reach Thanks to These Financial Aids
First-Time Home Buyers' Tax Credit (HBTC) The First-Time Home Buyers' Tax Credit (HBTC) was enhanced in 2022. This federal credit allows new buyers to deduct up to $10,000 from their income tax...
The FHSA: A Powerful Tool for First-Time Home Buyers
The First Home Savings Account (FHSA) is a tax-advantaged savings plan for future homeowners. It combines the benefits of a Registered Retirement Savings Plan (RRSP) and a Tax-Free Savings Account...
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