Are you self-employed and having a hard time getting approved for a mortgage to buy a house in Ottawa? Well, we have good news!! Canada Mortgage and Housing Corporation (CMHC) has announced that it would be changing the documentation that lenders can use when they’re...
Ottawa’s 2018 spring market update We wanted to update our clients and readers about the situation of the real estate market in Ottawa because it is VERY COMPETITIVE at this time. The market conditions have changed this year because of low inventory levels and there...
List of some pet-friendly condominiums in Ottawa As pet lovers ourselves, we know how important it is to make sure that our prospective next home will accept our dogs. It is very common to find condominiums that don’t allow pets and specifically dogs. As a buyer...
If you are buying a home for the first time in the Ottawa area, you definitely should take advantage of the Home Buyers’ Plan (HBP). With the use of this plan, you may even get more cash to add to your downpayment. The Home Buyers’ Plan (HBP) is a program...
If you are thinking of buying a house with a mortgage, get pre-approved for your financing before starting the process Why? because under the new lending rules, you may find that you can’t afford as much house as you were before. in the last years, the...
MORE GOOD NEWS FOR FIRST TIME HOME BUYERS IN OTTAWA! Beginning January 1, 2017, no land transfer tax would be payable by qualifying first‑time purchasers on the first $368,000 of the value of the consideration for eligible homes in Ontario. First‑time purchasers of...
