Did you know that 55% of people rent for 1-5 years before they buy their first home? If you’re paying $1500-$2000/month for rent how do you save for a house? Or if you’re living with your parents, buying a home/condo ownership is a good option. The most important thing you should considering is what do you feel comfortable paying per month. If you’re not sure, a good rule of thumb is 39% of your gross income can go towards paying your mortgage payment, property taxes, condo fee, and utilities.
We’re here to help! Be proactive and call us if you’re thinking about buying your first home this year in Guelph, Kitchener-Waterloo, Cambridge, Fergus, Elora, Mount Forest, Puslinch, Ontario.