HOW CAN I BUY PROPERTY IN CANADA AS A NON-RESIDENT?

Wishing to acquire property in Canada? It’s easier than you think! A non-resident can purchase property as easily as a Canadian resident. The only difference is when it comes to financing. You will be required to put a down payment of 35% to 50%, as opposed to a...

WHAT ARE THE BENEFITS OF A VENDOR TAKE BACK MORTGAGE?

A Vendor Take Back Mortgage (also referred to as a “VTB”) is a private mortgage funded by the seller or vendor of the property. They are offered when the potential buyer of a property:  (1) does not have enough for a down payment, or (2) a strong enough credit history...

WHAT ARE THE FEES ASSOCIATED WITH BUYING A HOUSE?

Be prepared in advance when buying a house, in terms of knowing the variety of different costs and cash outlays. The largest cash outlay is the down payment, which requires you to put down a portion of the cost of the house upfront (usually 20%). Part of this is due...

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