Buying a home is an exciting time! You are laying down the foundation for the life you are building and creating a space to build many great memories with friends and family. By the time you have saved up for a down payment, you are probably in a financially sound place to make a purchase. However, there are several associated costs of home buying that not all home buyers are aware of! Let’s break down these associated costs of home buying so you’re informed and ready to make an offer.
We love sharing news about affordable housing programs, so we’re happy to inform you about the CMHC’s First-Time Home Buyer Incentive! The Canadian Mortgage and Housing Corporation has devised a plan to help first-time buyers enter the market by lowering monthly mortgage payments in exchange for a shared equity mortgage. This means that the government will own a small part of the home in question, but more affordable payments will make this worthwhile for many prospective buyers. There are some finer details involved in the incentive, so follow along as we break them down for you!
Caliber Homes is not only known for its luxurious and high-end homes. We are also esteemed for our advancements and knowledge of the builder world and how to stay ahead of the competition. One of the ways we do this is staying up to date on the latest real estate market trends. Caliber Homes is committed to providing the most innovative building services to our clients, and here are some examples of how we achieve that!