Category Archives for "Buying Real Estate"

Government tax credit programs for first time buyers can save you money.

Government Programs for First-Time Home Buyers

By Andrew Mitchell | Buying Real Estate

The Government of Canada, the Quebec government and various cities, including Montreal offer a number of government programs for first-time home buyers that help homebuyers save on the purchase of their first home. From tax-credits to down-payment plans, to even receiving a lump-sum payment for first-time buyers, there are a wealth of programs available to save the first-time buyer money on their first home.

Many of my first-time buyer clients ask me about government tax credits and programs that can help with the financial burden of buying their first home.

I thought I’d take this post to outline four of the biggest government programs for first-time home buyers as well as tax-credit that could save you thousands of dollars on the purchase of your first home.

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Condo interior

Buying a Condo: What You Need to Know

By Andrew Mitchell | Buying Real Estate

Buying a condo? Here’s the basics you need to know about condo ownership.

As the baby-boomer generation nears retirement age, many are weighing the option of selling the family home and buying a condo. Some boomers are reaching a time in their lives where the normal maintenance of a house may become more of an unwanted burden and many are opting to spend winters in the south while keeping a pied-a-terre in the Montreal area. There are many advantages to buying a condo instead of a house, both for boomers as well as first-time buyers and busy career-minded singles and couples.

But there are some serious issues to consider when buying a condo vs buying a house that can have a big impact on your finances and lifestyle.

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