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Posted by: Sara Taheri
If you’re planning to purchase a home, understanding closing costs is crucial for budgeting and avoiding surprises. These additional expenses go beyond your down payment and mortgage, ranging from 1.5% – 4% of the purchase price. Let’s break down what closing costs are and what to expect. 🔑 What Are Closing Costs? Closing costs are […]
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What is the Minimum Down Payment Required for a Home in Toronto? Buying a home in Toronto can be a daunting task, especially with soaring property prices. One of the most critical aspects of planning your purchase is understanding the minimum down payment required. Whether you’re a first-time homebuyer or looking to upgrade, knowing how […]
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How Much Can I Afford to Borrow for a Home in Toronto? One of the most common questions we receive as a mortgage agent is, “How much can I afford to borrow?” The answer depends on various factors that lenders consider when assessing your borrowing capacity. Let’s walk through these essential factors to help you […]
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