#renting ahome

[ottawarealtor]

DO NOT BUY A HOME IN CANADA IF YOU ARE A NEW IMMIGRANT…….just yet until you consider these 3 factors:

Welcome to Canada, your new home filled with opportunities and possibilities! As a new immigrant, the prospect of buying a home is exciting but comes with important considerations. Here are three crucial to consider before you buy a home:

1. Don’t Buy a Home- Rent First, Buy Later: Before committing to a home purchase, consider renting initially. This allows you to familiarize yourself with the different areas and neighborhoods and learn more about the local housing market, explore different schools for your kids, and assess your long-term needs as family. Renting provides the flexibility to adapt to your new environment without the immediate commitment of homeownership. This way you avoid buyer’s remorse and can take your time to make a really good decision about where to live and without living here you won’t know where that is

2. Explore Government Programs: Canada offers various government programs designed to assist new immigrants in their homeownership journey. Take the time to research and understand these programs, such as first-time homebuyer incentives and down payment assistance. Leveraging these initiatives can significantly ease the financial aspects of buying your first home. There is a lot of resources from the government for buying a home and there is also 3 different mortgage programs offered by Canada’s three default mortgage providers. Below is a link to them and the government website: Sagen — New to Canada Program - https://www.sagen.ca/products-and-ser...

CMHC — Housing for Newcomers - https://www.cmhc-schl.gc.ca/consumers...

Canada Guaranty — Maple Leaf Advantage - https://www.canadaguaranty.ca/maple-l...

All different services and information you need to get license, heath card, job assistance and more can be found here: https://www.canada.ca/en.html and also at https://www.ontario.ca/page/getting-s...

3. Assemble Your Home Team: Building a reliable support network is essential. Establish a home team comprising a knowledgeable mortgage broker to help you secure a good mortgage, a reputable realtor who knows the city and different neighborhoods, and a trustworthy real estate lawyer to help you close the transaction and answer any legal questions you may have. These professionals will guide you through the intricacies of the Canadian real estate process, ensuring a smooth and informed transition into homeownership. We have a great list of lawyers, mortgage brokers and lawyers that we have used in the past and can help connect you with one that fits your needs and language. Checkout my webpage below for local referrals: https://www.soldbysorin.com/New-to-Ot...

Remember, your journey to homeownership is unique, and these factors serve as a compass to help you make well-informed decisions. We really hope that you found this info helpful and please reach out with any questions you might have. Welcome home! Your Ottawa Realtor Sorin Vaduva - Sorin@capitalrealestate.ca - 613-262-9562 🏡🍁

#NewImmigrants#CanadianHomeownership#HomeBuyingTips* #dontbuyahomeifyouranewimmigrant#sorinvaduva#rentfirst#buildcreditthenbuy#learnaboutneighborhoods

[wack-ashimself]

[davidreecher]

David Reecher: Rent to own aHome in Maryland

Do you want to own ahome in Maryland, but not yet ready to buy? Then you should seriously consider a Rent To Own Home.

Why risk home prices going higher. A rent to own home allows you to lock in your future home purchase at today’s prices, with no risk.

For more details visit here website link: https://davidreecherarnoldmaryland.mystrikingly.com/blog/rent-to-own-ahome-in-maryland-by-david-reecher-rapid-results-team-at-exp

[thoughtfulcupcakesublime]

Looking for housing in the Northern Virginia area?

Then head out to the 2017 Northern Virginia Housing Expo on March 18.

According to a release, the expo will be held at Dominion High School at 21326 Augusta Drive in Sterling, from 10 a.m. to 3 p.m.

“The expo, which rotates location in the Northern Virginia area every year, is aimed at helping people with the challenges of finding housing across the region,” stated a release.

During the expo, individuals will be able to learn about how to rent or buy in the Northern Virginia area.

“The fair will also have workshops that are designed to help people understand what is needed budget-wise to purchase a home or to rent an apartment,” stated Prince William Housing and Community Development Director Bill Lake in a release.

More on the event, from a release:

Workshops at the expo will include: “Are you Ready to Rent,” “Are You Ready to Buy,” “The ABCs of Credit Scores,” “Rental and Home Buying Market Overviews,” and “Household Finance.”

In addition to the workshops, people who attend the expo will also have the chance to get one-on-one consultations designed to help them get where they want to be and live in Northern Virginia, whether they prefer to rent or buy. There will also be free, 30-minute, one-on-one credit counseling services.

Information on other important assistance programs will also be available at the expo, Lake said. “We’re also going to be featuring local down payment and closing cost assistance programs that are available through local county governments throughout the Northern Virginia region.”

The 7th-annual event will be hosted by the AHOME Foundation with cooperation from Prince William, Arlington, Loudoun and Fairfax counties, the cities of Alexandria, Fairfax and Falls Church, and the Town of Herndon, with assistance from the Virginia Housing Development Authority.

“It’s available to the public. It’s free of charge, so everyone should go out and take advantage of it,” Lake said of the expo.

The post Northern Virginia Housing Expo coming up on Mar. 18 appeared first on What's Up Woodbridge.

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