Owning property in Canada can be profitable if you understand the Canadian tax laws that apply to real estate investments. There is no residency or citizenship requirement for buying and owning property in Canada. You can occupy a Canadian residence on a temporary basis, but you will need to comply with immigration requirements if you […]
The process of buying or selling a house involves multiple parties and a lot of money, providing both opportunity and motive for mortgage fraud. Consumers should be aware that it is a crime to provide false or inaccurate information when applying for a home loan. If someone in the lending process encourages you to “fudge […]
I’m thinking about buying my first home. Where do I start? Step 1 is to get pre-approved for a mortgage. A pre-approval lets you know how much you can spend and locks you in at the current interest rate for 90 days or more, allowing you to shop with confidence. This is especially important […]