Getting House in Canada Is Too Easy
You would not go on safari without a guide would you? The same principle applies when you are in search house to live in Canada. Being well informed is the key.
If you are really interested in buying a house in Canada, it is smart to be aware of the financial and layout aspects involved. So, in future you might not face any problem
Role of a Reputed Agent in buying house:-
When you first meet with a Canadian real estate agent it is required that he must present you a pamphlet that explains the nature of his relationship with you and extent of his responsibilities to you. The Canadian real estate agent should hold a license issued by their provincial real estate board , assuring you that they are trained agents of that provincial territory.
Looking for Rented Houses:-
Finding a house on rent one should look into classifieds adds in the newspaper as search on net. Before finalising house you should take care of following points:-
-Explore different societies:-Try to explore more places. Do not agree to take the first place you see. As exploring some apartments you may find great differences in charges for rental properties.
-Written Agreement:-Rental agreement should be signed so that no misunderstanding should arise in future.
-Contact Territorial Government:-Before depositing security charges you should contact your territorial Government to get through the laws apply to that area you want to live.
-Insurance Detail:-You should go through insurance Policy details.
Note:-You should contact immigrant serving organisations if you are having doubts.
Financial Recommendations:-
In order to determine the amount you will need to borrow house, you must aware of the purchase price , transfer tax, appraisal fee, inspection fee, insurance costs and closing fee which constitute legal fee. Note:-The larger the down payment, the lower the monthly mortgage payment be .Canadian citizens are allowed to withdraw up to $20,000 from the registered retirement saving plan (RRSP) to buy a house without paying any taxes.
For more details just be in touch with us. If you have any queries regarding this topic or wants to share your views than please let us know as Sharing is always great.
You would not go on safari without a guide would you? The same principle applies when you are in search house to live in Canada. Being well informed is the key.
If you are really interested in buying a house in Canada, it is smart to be aware of the financial and layout aspects involved. So, in future you might not face any problem
Role of a Reputed Agent in buying house:-
When you first meet with a Canadian real estate agent it is required that he must present you a pamphlet that explains the nature of his relationship with you and extent of his responsibilities to you. The Canadian real estate agent should hold a license issued by their provincial real estate board , assuring you that they are trained agents of that provincial territory.
Looking for Rented Houses:-
Finding a house on rent one should look into classifieds adds in the newspaper as search on net. Before finalising house you should take care of following points:-
-Explore different societies:-Try to explore more places. Do not agree to take the first place you see. As exploring some apartments you may find great differences in charges for rental properties.
-Written Agreement:-Rental agreement should be signed so that no misunderstanding should arise in future.
-Contact Territorial Government:-Before depositing security charges you should contact your territorial Government to get through the laws apply to that area you want to live.
-Insurance Detail:-You should go through insurance Policy details.
Note:-You should contact immigrant serving organisations if you are having doubts.
Financial Recommendations:-
In order to determine the amount you will need to borrow house, you must aware of the purchase price , transfer tax, appraisal fee, inspection fee, insurance costs and closing fee which constitute legal fee. Note:-The larger the down payment, the lower the monthly mortgage payment be .Canadian citizens are allowed to withdraw up to $20,000 from the registered retirement saving plan (RRSP) to buy a house without paying any taxes.
For more details just be in touch with us. If you have any queries regarding this topic or wants to share your views than please let us know as Sharing is always great.
