All Closing Costs to Consider When Buying a Home in Toronto
You’ve set a goal, managed your spending and saved the down payment for your home in the GTA. How exciting! Now you’re all set to buy a home. But, wait! What are all these closing costs you keep hearing about and how much more should you be setting aside for your Toronto home purchase?
Buy With Dwelly, Save Thousands: Why We Give Back 50% Of Our Commission To Home Buyers
Re-designing the way real estate is done has been at the forefront of everything we do at Dwelly. As part of our mission to humanize real estate transactions and make the home buying process more affordable, we commit to giving Dwelly buyer clients 50% of our commission.
Home Insurance Problems to Watch Out for Before Buying
Home ownership is a major milestone full of commitments and financial obligations. That’s why it’s so important to make sure you have the right house. Home insurance is pretty affordable, but it always pays to be vigilant. Check out these common home insurance pitfalls
Incentives for First-Time Home Buyer in Toronto & Ontario
Over the years the Government of Ontario (and Toronto) have introduced a few programs in order to assist First Time Home Buyers with their first home purchase and ease their entry into the housing market. Here are some details regarding the incentives & programs.
Understanding the Harmonized Sales Tax (HST) in Real Estate
if you are purchasing a newly built home in Toronto as an investment, then there is another payment which you should include under your closing costs, which is Harmonized Sales Tax (HST). Buyers that will be using the new home as their primary residence are exempt from paying HST on the home.
Overview of the Home Buying Process
Purchasing a home should be an exciting and thrilling process, it's a rare and important event that happens only once in a lifetime for most people. Knowledge of all the steps involved - from search to close is essential to making sure your experience goes smoothly.
Understanding Mortgages: Variable vs Fixed Rates Explained
When applying for a mortgage, you will have multiple rate types to choose from. The two most common types of mortgages are variables-rate mortgages and fixed-rate mortgages. The type you choose will vary based on your income and risk tolerence level.